Unpacking the Latest Options Trading Trends in Enphase Energy
Portfolio Pulse from Benzinga Insights
Recent options trading activity indicates a bullish stance on Enphase Energy (NASDAQ:ENPH) by big-money investors, with a mix of bullish and bearish sentiments. Benzinga's options scanner revealed 12 unusual options trades, split between calls and puts, targeting a price window of $100.0 to $280.0. The current market status shows ENPH's price up by 0.69% at $119.0, with expert opinions varying, including an upgraded rating to Outperform by Oppenheimer with a target price of $133.
February 26, 2024 | 6:00 pm
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Enphase Energy sees bullish options trading with a price target window of $100-$280. Current price is $119, with a recent upgrade to Outperform by Oppenheimer.
The bullish options trading activity, combined with the recent upgrade by Oppenheimer and the current positive price movement, suggests a short-term positive impact on ENPH's stock price. The mix of bullish and bearish sentiments among big-money investors indicates high interest and potential volatility, but the overall bullish stance and expert upgrades support a positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100