Block Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bullish stance on Block (NYSE:SQ), with 52% of the 17 unusual options trades detected being bullish and 47% bearish. The total amount for puts is $543,165, and for calls, it is $546,029. Whales have been targeting a price range of $60 to $130 for Block over the last 3 months.
June 26, 2023 | 4:01 pm
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A whale has taken a bullish stance on Block (NYSE:SQ), with 52% of the 17 unusual options trades detected being bullish and 47% bearish. The total amount for puts is $543,165, and for calls, it is $546,029.
The whale's bullish stance on Block indicates a positive sentiment towards the stock, which could lead to an increase in its price in the short term. The target price range of $60 to $130 also suggests that there is potential for growth.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100