SentinelOne Unusual Options Activity For March 06
Portfolio Pulse from Benzinga Insights
SentinelOne (NYSE:S) has seen significant options trading activity, with a bullish sentiment prevailing among investors. Analysis of 14 trades reveals a majority bullish outlook, with 64% of trades being bullish and 35% bearish. The trading activity focuses on a price band between $23.0 and $37.0. The largest trades include both bullish and bearish sentiments, with notable trades aiming for strike prices up to $37.00. SentinelOne, a cloud-based cybersecurity firm, has seen its stock price increase by 6.51% to $27.16. Analysts have set an average price target of $31.67, with ratings ranging from Buy to Neutral.
March 06, 2024 | 6:31 pm
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SentinelOne's options trading shows a bullish trend, with a significant amount of activity focusing on a price band between $23.0 and $37.0. The stock has recently increased by 6.51% to $27.16, with analysts setting an average price target of $31.67.
The bullish sentiment in options trading, combined with a recent stock price increase and positive analyst ratings, suggests a short-term upward price movement. The focus on a higher price band in options trading aligns with analyst expectations, reinforcing the bullish outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100