Looking At PayPal Holdings's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A recent analysis of unusual options activity reveals that 70% of investors have taken a bearish stance on PayPal Holdings (NASDAQ:PYPL), with whales targeting a price range of $40 to $100 over the last 3 months. The current price of PYPL is down 0.7% at $60.84, and RSI indicators suggest a neutral position.
May 19, 2023 | 5:45 pm
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NEGATIVE IMPACT
70% of investors have taken a bearish stance on PayPal Holdings (NASDAQ:PYPL), with whales targeting a price range of $40 to $100 over the last 3 months. The current price of PYPL is down 0.7% at $60.84.
The article highlights that 70% of investors have taken a bearish stance on PayPal Holdings, indicating a negative sentiment towards the stock. This, combined with the fact that the current price is down 0.7% at $60.84, suggests that the stock price may continue to decline in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100