Looking At PayPal Holdings's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on PayPal Holdings (NASDAQ:PYPL), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $32.5 to $55.0 for PayPal Holdings over the last 3 months. The price of PYPL is up 0.27% at $51.19, with RSI indicators hinting that the stock may be approaching oversold. Next earnings are expected to be released in 1 day.
October 31, 2023 | 2:01 pm
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A whale investor has taken a bullish stance on PayPal Holdings, with the stock price up 0.27% at $51.19. The investor has been targeting a price range from $32.5 to $55.0 over the last 3 months.
The bullish stance taken by a whale investor, who has been targeting a price range from $32.5 to $55.0 for PayPal Holdings over the last 3 months, indicates a positive sentiment towards the stock. This, coupled with the fact that the stock price is up 0.27% at $51.19, suggests a potential short-term positive impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100