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Spotlight on Accenture: Analyzing the Surge in Options Activity

Benzinga ·  Oct 3 04:32

Whales with a lot of money to spend have taken a noticeably bearish stance onAccenture.

Looking at options history for Accenture (NYSE:ACN) we detected 9 trades.

If we consider the specifics of each trade, it is accurate to state that 22% of the investors opened trades with bullish expectations and 66% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $260,055 and 3, calls, for a total amount of $120,743.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $320.0 and $380.0 for Accenture...

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