Behind the Scenes of MicroStrategy's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have adopted a bearish approach towards MicroStrategy (NASDAQ:MSTR), as revealed by Benzinga's options scanner. The significant options activity includes 21 puts and 74 calls, with a notable bearish sentiment. The price range targeted by these options is between $670.0 and $3800.0. The current trading volume for MSTR is 264,396, with the stock down by -1.13% at $1707.71. Analysts have mixed ratings, with a consensus target price of $1780.0.
May 21, 2024 | 2:02 pm
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NEGATIVE IMPACT
MicroStrategy (NASDAQ:MSTR) has seen significant bearish options activity, with 21 puts and 74 calls. The stock is currently down by -1.13% at $1707.71. Analysts have mixed ratings with a consensus target price of $1780.0.
The significant bearish options activity, combined with the current stock price decline and mixed analyst ratings, suggests a likely short-term negative impact on MSTR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100