Pinterest Option Alert: Aug 25 $30 Calls Sweep (46) above Ask!: 3820 @ $1.34 vs 271 OI; Ref=$28.705
Portfolio Pulse from Charles Gross
A significant volume of Pinterest's (PINS) August 25 $30 call options were purchased above the ask price. The volume of 3820 contracts at $1.34 each is significantly higher than the open interest of 271 contracts, indicating strong bullish sentiment.

August 04, 2023 | 9:40 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The surge in volume of Pinterest's August 25 $30 call options indicates a strong bullish sentiment among investors, which could potentially drive the stock price up in the short term.
The purchase of a large volume of call options indicates that investors expect the price of the underlying stock to rise. In this case, the volume of Pinterest's August 25 $30 call options purchased is significantly higher than the open interest, suggesting strong bullish sentiment. This could potentially drive the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100