Trade Desk Unusual Options Activity For October 04
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Trade Desk (NASDAQ:TTD), with 70% of recent trades being bearish and 30% bullish. The total amount for puts is $262,651 and for calls is $835,932. The targeted price range for Trade Desk over the last 3 months is $45.0 to $115.0. The current price of TTD is up 3.24% at $78.88.
October 04, 2023 | 6:16 pm
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Trade Desk has seen a significant amount of bearish trading activity recently. The targeted price range is $45.0 to $115.0, while the current price is $78.88, up 3.24%.
The bearish trading activity and the high volume of puts indicate that investors are expecting the price of Trade Desk to decrease. This could put downward pressure on the stock in the short term.
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