Block Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A large bullish position on Block (NYSE:SQ) has been spotted, with 61% of big-money traders being bullish and 38% bearish. The price target for Block ranges from $35 to $65 over the last 3 months. Several financial institutions maintain positive ratings on Block, with price targets up to $95.
May 23, 2023 | 7:16 pm
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A large bullish position has been spotted on Block (NYSE:SQ), with 61% of big-money traders being bullish. Several financial institutions maintain positive ratings on Block, with price targets up to $95.
The large bullish position on Block indicates that big-money traders expect the stock price to rise in the short term. Additionally, several financial institutions maintain positive ratings on Block, with price targets up to $95, which further supports the bullish sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100