Behind the Scenes of PayPal Holdings's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Financial analysis reveals a bearish trend in PayPal Holdings (NASDAQ:PYPL) options trading, with 31 unusual trades observed. Despite a nearly even split between bullish (48%) and bearish (51%) sentiment, the majority of trades were calls, indicating a mixed outlook. The price target range for PYPL is set between $57.5 and $100.0. The most significant options trades include both bullish and neutral sentiments, with strike prices at $67.50. PayPal, known for its online payment solutions and ownership of Venmo, has seen a slight stock price increase to $66.9. Analysts have mixed views, with target prices ranging from $60 to $74.
March 28, 2024 | 3:46 pm
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NEUTRAL IMPACT
PayPal Holdings shows a bearish trend in options trading but maintains a mixed sentiment among analysts. The stock price has slightly increased, with a current price of $66.9.
The bearish trend in options trading contrasts with the slight increase in stock price and the mixed analyst ratings. This indicates uncertainty in the market's direction for PYPL, suggesting a neutral short-term impact.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100