PayPal Holdings Unusual Options Activity For September 22
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for PayPal Holdings (NASDAQ:PYPL), with a mix of bullish and bearish expectations. Whales have been targeting a price range from $55.0 to $160.0 for PayPal over the last 3 months. The price of PYPL is up 0.01% at $58.62. Mizuho and MoffettNathanson have downgraded their actions on PayPal with price targets of $92 and $75 respectively.
September 22, 2023 | 2:16 pm
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PayPal Holdings has seen unusual options activity, with a mix of bullish and bearish expectations. The company's stock price is up 0.01% at $58.62. Analysts from Mizuho and MoffettNathanson have downgraded their actions on PayPal with price targets of $92 and $75 respectively.
The unusual options activity indicates that investors are divided in their expectations for PayPal's stock, which could lead to increased volatility. The downgrades from Mizuho and MoffettNathanson could negatively impact the stock price in the short term. However, the current price increase suggests that the market is not overly concerned at this time.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100