Bearish Sentiment Grows Among RTX Investors Amid Options Trading

Bearish sentiment is taking hold among RTX investors. A recent options report indicates a wave of activities that reflect uncertainty about the stock's future price movement, with options traders split in their outlook.

Date: 21-01-2025

AI Rating: 6

Options Trading Insights
According to the recent analysis, there has been notable options trading activity for RTX. The trades showed significant engagement from wealthy investors, with a total amount of $334,729 in call options and $71,784 in put options noted. The split sentiment among these traders indicates an uncertain outlook, further emphasized by the 40% bullish and 50% bearish positioning.

Projected Price Targets
The price range identified by big players stands between $112.0 and $130.0, suggesting expectations of a potential decline or stabilization within this bracket. Furthermore, the trading volume of 2,081,373 shares and the stock's rise of 3.53% to a price of $125.38 hint at a temporary uptick against a backdrop of mixed sentiment.

Expert Ratings
The expert ratings add another layer to the analysis, with an average target price of $145.75 from four experts, and several upgrades to 'Buy' and 'Overweight' ratings by prominent firms. These ratings suggest that while current sentiment is split, there remains bullish potential as reflected in the analysts’ price targets ranging up to $153.

Overall, the mixed activity in options trading, along with divided sentiment and expert predictions, could lead to volatility in RTX's stock price. The upcoming earnings announcement in 7 days may also serve as a catalyst, either validating or challenging the current bullish ratings from analysts.

Stocks: RTX