Investors have shown a bearish sentiment towards ConocoPhillips (NYSE: COP) with 24 unusual options trades detected by Benzinga’s scanner. The majority of these large-money trades (54%) indicate a bearish outlook, with significant activity in put and call options within a price band of $55.0 to $125.0. ConocoPhillips is a US-based independent exploration and production firm, with its stock currently trading at $108.89, up 3.02%, and analysts providing a mixed view with an average price target of $107.4.
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ConocoPhillips Unusual Options Activity For February 11
Investors have shown a bearish sentiment towards ConocoPhillips (NYSE: COP) with 24 unusual options trades detected by Benzinga’s scanner. The majority of these large-money trades (54%) indicate a bearish outlook, with significant activity in put and call options within a price band of $55.0 to $125.0. ConocoPhillips is a US-based independent exploration and production firm, with its stock currently trading at $108.89, up 3.02%, and analysts providing a mixed view with an average price target of $107.4.