Trade Desk Unusual Options Activity For September 20
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Trade Desk (NASDAQ:TTD) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $60.0 to $85.0 for Trade Desk over the last 3 months. The price of TTD is currently up 0.13% at $79.16.
September 20, 2023 | 7:18 pm
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NEGATIVE IMPACT
Trade Desk (NASDAQ:TTD) has seen unusual options activity with a significant bearish stance taken by a large investor. The stock price is currently up 0.13% at $79.16.
The unusual options activity indicates that a large investor is taking a bearish stance on Trade Desk. This could potentially lead to a decrease in the stock price in the short term. The current price increase of 0.13% might be temporary.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100