Investors show mixed sentiment in Stellantis options trading as price targets emerge

benzinga.com — October 3, 2024 at 06:00 PM UTC

Investors have shown increased interest in Stellantis (NYSE: STLA) through options trading, with a mix of bullish and bearish sentiments. Today, 10 options transactions were identified, with 9 puts valued at $703,125 and 1 call worth $27,200. The trading activity suggests that large investors are targeting a price range of $11.00 to $20.00 for Stellantis. Current open interest averages 3,287.75, with total volume reaching 4,506.00 in the last 30 days. Stellantis, formed from the merger of Fiat Chrysler and Peugeot, sold 6.4 million vehicles in 2023. The stock is currently down 4.48%, trading at $13.02.

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Timeline:

[2.9]

Investors show mixed sentiment in Stellantis options trading as price targets emerge (benzinga.com)

161d 4h

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[3.6]

Stellantis reports 19.8% drop in U.S. auto sales for third quarter (cnbc.com)

162d 8h

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[3.7]

Stellantis faces ongoing challenges as stock value declines (seekingalpha.com)

162d 22h

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[4.4]

Stellantis faces inventory crisis with unsold vehicles and profit forecast cut (postandcourier.com)

164d 2h

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[3.9]

Stellantis cuts earnings forecast as competition from China intensifies (ca.finance.yahoo.com)

164d 7h

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[4.2]

Stellantis shares drop nearly 14% after profit warning on weaker sales and competition (cnn.com)

164d 9h

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[4.0]

European carmakers face profit declines amid weak demand and rising costs (khaleejtimes.com)

164d 9h

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[4.6]

Stellantis issues profit warning and seeks new CEO amid declining sales and competition (euronews.com)

164d 10h

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[4.2]

European carmakers issue profit warnings as demand weakens and costs rise (ca.finance.yahoo.com)

164d 11h

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[4.5]

Stellantis cuts earnings forecast as U.S. operations struggle with industry downturn and Chinese competition (abcnews.go.com)

164d 11h

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[4.2]

Stellantis shares fall 9% after lowering profit outlook for 2024 (cnbc.com)

164d 14h

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[4.0]

Stellantis revises 2024 financial outlook amid North American performance issues (globenewswire.com)

164d 16h

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