O'Reilly Automotive Unusual Options Activity For April 29

Deep-pocketed investors have adopted a bearish approach towards O'Reilly Automotive (NASDAQ: ORLY ), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ORLY usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for O'Reilly Automotive. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 12% leaning bullish and 62% bearish. Among these notable options, 5 are puts, totaling $179,742, and 3 are calls, amounting to $145,500. What's The Price Target? Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1040.0 to $1150.0 for O'Reilly Automotive over the recent three months....

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