Looking At Celsius Holdings's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Celsius Holdings (NASDAQ:CELH) has seen significant options trading activity, with a bullish sentiment from the majority of investors. Analysis of 25 trades shows 60% bullish and 40% bearish expectations. The trading volume and open interest suggest a price target range of $55.0 to $130.0. Celsius Holdings, known for its energy drinks, has a 20-year distribution agreement with PepsiCo. The stock is currently up 1.86% at $86.9, potentially overbought. Analysts have mixed target prices, ranging from $67 to $95, with an average of $83.4.
March 12, 2024 | 5:00 pm
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Celsius Holdings has seen bullish options activity, with a significant volume of trades suggesting a price target range of $55 to $130. The company's stock is currently up, but analysts have mixed views on its target price.
The bullish sentiment in options trading, combined with the current uptrend in stock price, suggests a positive short-term impact. However, the mixed analyst ratings and the potential overbought condition could introduce volatility.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100