Unusual Put Option Trade in Eastman Chemical (EMN) Worth $40.14K

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2023-06-08 22:07:57  • 5 mins

On June 8, 2023 at 11:17:53 ET an unusually large $40.14K block of Put contracts in Eastman Chemical (EMN) was sold, with a strike price of $70.00 / share, expiring in 43 day(s) (on July 21, 2023).

This trade was first picked up on Fintel's real time Options Flow tool, where unusual option trades are highlighted.

What is the Fund Sentiment?

There are 1369 funds or institutions reporting positions in Eastman Chemical. This is a decrease of 8 owner(s) or 0.58% in the last quarter. Average portfolio weight of all funds dedicated to EMN is 0.17%, a decrease of 8.16%. Total shares owned by institutions decreased in the last three months by 1.18% to 115,972K shares. The put/call ratio of EMN is 1.01, indicating a bearish outlook.

  • For more in-depth coverage of Eastman Chemical, view the free, crowd-sourced company research report on Finpedia.

Analyst Price Forecast Suggests 16.81% Upside

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