Understanding Beyond Meat's Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Beyond Meat (NASDAQ:BYND) experienced unusual options activity with a bullish sentiment, as indicated by a call sweep with a strike price of $128 and expiration on August 6, 2021. The stock price moved down to $121.97 following the alert.
August 04, 2021 | 3:13 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Beyond Meat's stock experienced unusual bullish options activity, with a call sweep at a $128 strike price, expiring on August 6, 2021. This suggests investor expectations of a potential price increase.
The unusual options activity, characterized by a call sweep with a bullish sentiment, indicates that investors expect Beyond Meat's stock price to rise. The strike price of $128 is above the current stock price of $121.97, suggesting optimism about future price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100