Unpacking the Latest Options Trading Trends in Upstart Hldgs
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors show a divided sentiment towards Upstart Holdings (NASDAQ:UPST), with a notable lean towards bearishness in recent options trading activity. Benzinga's options scanner revealed 18 extraordinary activities, with a price target range between $21.0 and $35.0. The current stock price of UPST is $23.72, with an RSI indicating a neutral position. Earnings are expected in 4 days, suggesting a critical period ahead for the stock.
May 03, 2024 | 4:30 pm
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NEUTRAL IMPACT
Upstart Holdings shows a mixed sentiment among investors, with a bearish tilt in options trading. The stock is currently priced at $23.72, with earnings expected soon.
The divided sentiment among investors, with a slight bearish lean, suggests uncertainty about UPST's short-term direction. The upcoming earnings report adds to this uncertainty, making it a critical period for the stock. The detailed options trading activity, including both puts and calls with significant total trade prices, indicates that investors are preparing for potential volatility. However, the current neutral RSI and the stock's recent performance suggest a wait-and-see approach may be prudent.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100