Toast Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Investors have shown increased interest in Toast (NYSE:TOST) options, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 9 significant trades, indicating a targeted price range of $17.0 to $19.5. The trading volume and open interest trends suggest active trading, with notable trades listed. Toast, a restaurant technology company, has seen its stock price decrease by -5.05%, with an earnings announcement expected in 2 days. Analyst opinions vary, with target prices ranging from $19 to $28.
February 13, 2024 | 6:01 pm
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NEUTRAL IMPACT
Toast has seen a mix of bullish and bearish options trading, with a focus on a price range of $17.0 to $19.5. The company's stock price has recently decreased by -5.05%, and an earnings announcement is expected soon. Analysts have provided mixed ratings, with target prices ranging from $19 to $28.
The mix of bullish and bearish options trading reflects uncertainty and varied expectations among investors. The upcoming earnings announcement adds to this uncertainty, potentially causing short-term volatility in TOST's stock price. Analysts' mixed ratings and target price adjustments further contribute to the uncertain outlook, making it difficult to predict the short-term price direction confidently.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100