Trade Desk Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Trade Desk (NASDAQ:TTD) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 63% bullish and 36% bearish. Out of all the options, 10 are puts, for a total amount of $860,648, and there was 1 call, for a total amount of $25,820. The targeted price range for Trade Desk over the last 3 months is from $60.0 to $95.0.
September 12, 2023 | 5:31 pm
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Trade Desk has seen unusual options activity with a significant bullish stance. The targeted price range for the stock over the last 3 months is from $60.0 to $95.0.
The unusual options activity indicates that big-money traders are taking a bullish stance on Trade Desk. This could potentially drive the stock price up in the short term. The targeted price range also suggests that these traders expect the stock price to rise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100