Synopsys Unusual Options Activity For May 25
Portfolio Pulse from Benzinga Insights
Unusual options activity has been detected for Synopsys (NASDAQ:SNPS), with 12 strange trades observed. 50% of investors opened trades with bullish expectations, while the other 50% had bearish expectations. Whales have been targeting a price range of $390 to $560 for Synopsys over the last 3 months.
May 25, 2023 | 3:21 pm
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Synopsys has seen unusual options activity, with 12 strange trades detected. Whales have targeted a price range of $390 to $560 over the last 3 months.
The unusual options activity for Synopsys indicates that there is significant interest from large investors, which could lead to increased volatility in the short term. However, with an equal split between bullish and bearish expectations, it is difficult to predict the short-term price direction based on this news alone.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100