"Verizon's Unusual Options Activity and Share Price Collapse Present Unique Investment Opportunity"

1 min read
Source: Benzinga
"Verizon's Unusual Options Activity and Share Price Collapse Present Unique Investment Opportunity"
Photo: Benzinga
TL;DR Summary

Unusual options activity has been observed for Verizon Communications, with a large bearish position taken by an unidentified entity. The sentiment among big-money traders is split between bullish and bearish, with 5 put options and 8 call options being traded. The price target for Verizon Communications is estimated to be between $25.0 and $60.0. The stock is currently down -0.58% at $36.27, and RSI indicators suggest it may be approaching overbought territory. Options trading carries higher risk but also higher profit potential, and serious traders manage this risk through education and careful monitoring of the market.

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