From Nasdaq: 2024-05-16 14:36:25

Investors are taking a bearish stance on Intuit (INTU) with 75% leaning bearish and 12% bullish. Significant options activities totaling $56,030 puts and $291,835 calls were observed, targeting price levels between $470.0 and $800.0. Options volume and open interest data show fluctuation within this price range over the past 30 days.

Intuit, a leading provider of accounting and tax software, has a trading volume of 448,202 shares at $654.17 with a slight decrease. Experts maintain an average target price of $740 for Intuit, with Morgan Stanley rating it as Overweight with a price target of $740.

To follow real-time alerts on Intuit’s options trades and stay informed on market dynamics, traders can utilize Benzinga Pro. Remember, trading options carries risks but also the potential for higher profits.

Read more at Nasdaq: Intuit Unusual Options Activity For May 16