Core Insights - Deep-pocketed investors have adopted a bearish approach towards Molina Healthcare, indicating potential significant market movements ahead [1] - The options activity shows a divided sentiment among investors, with 44% bearish and only 11% bullish [2] Options Activity Summary - There have been 9 extraordinary options activities for Molina Healthcare, with a total of $391,608 in trades, including $85,226 in puts and $306,382 in calls [2] - The average open interest for options stands at 245.22, with a total volume of 812.00, indicating heightened trading interest [4] Price Projections - Significant investors are targeting a price range of $150.0 to $200.0 for Molina Healthcare over the past three months [3] - Analysts have set an average price target of $203.25, with individual targets ranging from $185 to $220 from various firms [11][12] Company Overview - Molina Healthcare focuses on Medicaid-related healthcare plans for low-income families and individuals, operating through a network of subsidiaries [10] - The company generates the majority of its revenue from the Medicaid segment, with additional segments including Medicare and Marketplace [10]
Smart Money Is Betting Big In MOH Options - Molina Healthcare (NYSE:MOH)