Heavy Put Volume Suggests Bearish Sentiment in Hess Corporation
Saturday, 20 July 2024, 18:45
Hess Corporation Options Activity Overview
Recent trading in Hess Corporation has illustrated a marked increase in bearish sentiment, characterized by heavy put volume.
Key Trading Insights
- Total volume: 5,976 puts traded.
- Volume analysis: This figure is double the expected trading volume.
- Most active options: August 24 140 puts and July 24 150 calls.
Conclusion
The surge in put options trading highlights a potential bearish outlook for Hess Corp. as market participants react to industry trends and price fluctuations.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.