Behind the Scenes of PayPal Holdings's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Financial analysts observed a mix of bullish and bearish options trading activity on PayPal Holdings (NASDAQ:PYPL), with an equal split between bullish and bearish sentiments among traders. The analysis highlighted significant options trades, including both puts and calls, with a focus on a price window from $50.0 to $65.0 for PayPal. The company, known for its electronic payment solutions and ownership of Venmo, has seen its stock price increase by 1.07% to $59.5. Analyst ratings over the last month have varied, with an average target price of $66.2, though opinions on the stock's future performance differ.

February 15, 2024 | 3:31 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
PayPal Holdings has experienced a balanced mix of bullish and bearish options trading, with significant activity in both puts and calls. The stock price has recently increased, and analyst ratings provide a varied outlook with an average target price of $66.2.
The balanced mix of bullish and bearish options trading activity suggests uncertainty among traders about PayPal's short-term price direction. However, the recent price increase and varied analyst ratings indicate a neutral short-term impact on the stock. The average target price of $66.2 suggests a cautiously optimistic outlook among analysts.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100