This Is What Whales Are Betting On Activision Blizzard
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Activision Blizzard (NASDAQ:ATVI) by a large investor, as indicated by unusual options trading activity. The sentiment among these big-money traders is 76% bullish and 23% bearish. The whales have been targeting a price range from $80.0 to $92.5 for Activision Blizzard over the last 3 months. The current price of ATVI is $91.77, with the stock considered neutral between overbought and oversold.
August 24, 2023 | 4:16 pm
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Unusual options trading activity indicates a significant bullish stance on Activision Blizzard. The targeted price range is $80.0 to $92.5.
The unusual options trading activity, with a majority being bullish, indicates that large investors are expecting the price of Activision Blizzard to increase. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100