This Is What Whales Are Betting On Riot Platforms
Portfolio Pulse from Benzinga Insights
Financial analysts have observed a bearish trend in options trading for Riot Platforms (NASDAQ:RIOT), with a significant portion of trades showing bearish sentiment despite a mix of bullish and bearish trades. The price target for RIOT is set between $2.0 and $35.0, based on recent trading volumes and open interest. The largest options trades indicate a mixed sentiment, with both bullish and bearish positions taken. Riot Platforms, a Bitcoin mining company, has seen its stock price decrease by 5.41% to $10.85, with analysts providing mixed reviews and price targets ranging from $15 to $20.

April 02, 2024 | 6:00 pm
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Riot Platforms has seen a bearish trend in options trading, with a current stock price decrease to $10.85. Analysts have mixed opinions, setting price targets between $15 and $20.
The bearish sentiment in options trading, combined with the recent stock price decrease and mixed analyst ratings, suggests a short-term negative impact on RIOT's stock price. The wide range of price targets indicates uncertainty about the company's future performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100