Block Unusual Options Activity For August 18
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Block (NYSE:SQ) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 70% bullish and 30% bearish. The price of SQ is currently down -0.23% at $55.97. Analysts have mixed ratings on Block, with price targets ranging from $70 to $100.
August 18, 2023 | 2:31 pm
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Unusual options activity indicates a significant bullish stance on Block (NYSE:SQ). The stock price is currently down -0.23% at $55.97. Analysts have mixed ratings on the stock.
The unusual options activity, with 70% bullish sentiment, indicates that big-money traders are expecting the stock price to rise. However, the current price is down -0.23%. Analyst ratings are mixed, which may cause some uncertainty in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100