Activision Blizzard Unusual Options Activity For June 30
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on Activision Blizzard (NASDAQ:ATVI), with 58% of the investors opening trades with bullish expectations and 41% with bearish. The trades include 9 puts, totalling $675,654, and 27 calls, totalling $2,740,608. The price target for Activision Blizzard over the last 3 months ranges from $55.0 to $90.0. The price of ATVI is up 1.11% at $84.0. Truist Securities and Benchmark have downgraded their action to Buy with a price target of $84 and $90 respectively.
June 30, 2023 | 6:16 pm
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Activision Blizzard has seen significant options activity, with a bullish bias. The price target ranges from $55.0 to $90.0. The stock is up 1.11% at $84.0. Truist Securities and Benchmark have downgraded their action to Buy with a price target of $84 and $90 respectively.
The bullish stance taken by a significant investor, along with the price target range, suggests a positive outlook for Activision Blizzard. The stock's current upward movement and the downgrades to Buy by Truist Securities and Benchmark further support this view.
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IMPORTANCE 80
RELEVANCE 100