Bulls Won Big With Defense Stock's Record Highs
Raytheon Technologies(RTX) Schaeffers Research·2024-05-14 17:54
Weekend Player subscribers more than tripled their investments with our RTX Corp (NYSE:RTX) August 95 call recommendation. Let's unpack the reasoning behind this winning bet below. Nevertheless, analysts still leaned bearish, with 15 calling the stock a "hold" or worse, while the remaining five said "buy." The options pits echoed that pessimism, per RTX's Schaeffer's put/call open interest ratio (SOIR) that sat in the 87th percentile of annual readings. It all hanged after the company surpassed fiscal first ...