Check Out What Whales Are Doing With TTD
Portfolio Pulse from Benzinga Insights
Financial giants have made a bearish move on Trade Desk (NASDAQ:TTD) with significant options trades. Analysis shows 40% bearish sentiment, with puts valued at $652,884 and calls at $526,078. The stock is currently trading at $93.75, with a slight increase of 0.6%. Analysts have mixed ratings, with price targets ranging from $100 to $110.
May 17, 2024 | 3:46 pm
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NEGATIVE IMPACT
Trade Desk (NASDAQ:TTD) has seen significant bearish options activity, with 40% of trades showing bearish sentiment. The stock is currently trading at $93.75, up 0.6%. Analysts have mixed ratings with price targets between $100 and $110.
The significant bearish options activity, with 40% of trades showing bearish sentiment, suggests a potential short-term decline in TTD's stock price. Despite a slight increase in the current price, the mixed analyst ratings and bearish sentiment from options traders indicate caution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100