Alphabet Unusual Options Activity For June 06
Portfolio Pulse from Benzinga Insights
A large bullish position on Alphabet (NASDAQ:GOOGL) has been spotted, with 81 uncommon options trades identified. The sentiment of these big-money traders is 59% bullish and 40% bearish. Whales have been targeting a price range of $90 to $160 for Alphabet over the last 3 months.
June 06, 2023 | 6:46 pm
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A large bullish position has been identified for Alphabet (GOOGL), with 81 uncommon options trades. The sentiment of these big-money traders is 59% bullish and 40% bearish.
The large bullish position on Alphabet indicates that big-money traders believe the stock price will rise in the short term. This could be due to positive expectations for the company's performance or other factors. The 59% bullish sentiment among these traders suggests a higher likelihood of the stock price going up in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100