Stock Traders Purchase Large Volume of Solstice Advanced Mat Put Options (NASDAQ:SOLS)

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Stock traders purchased a significantly high volume of put options for Solstice Advanced Mat (NASDAQ:SOLS) on Monday, marking a 576% increase compared to the average daily volume. This unusual trading activity comes as major institutions like Vanguard and Morgan Stanley acquired substantial new positions in SOLS during the fourth quarter. Despite missing quarterly EPS estimates, the company’s revenue beat expectations, and analysts currently rate the stock as a “Moderate Buy” with an average target price of $67.

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