Trade Desk Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Trade Desk (NASDAQ:TTD) with 10 uncommon options trades spotted. The sentiment of these big-money traders is split between 70% bullish and 30% bearish. The whales have been targeting a price range from $75.0 to $85.0 for Trade Desk over the last 3 months. The price of TTD is up 6.34% at $80.72. Needham has downgraded its action to Buy with a price target of $80.
July 11, 2023 | 4:33 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Trade Desk has seen significant bullish options activity, with a price target range of $75.0 to $85.0. The stock price is currently up 6.34% at $80.72.
The bullish options activity and the current upward trend in the stock price indicate a positive short-term impact on Trade Desk's stock. However, the downgrade by Needham to a Buy with a price target of $80 could limit the upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100