What the Options Market Tells Us About Block
Portfolio Pulse from Benzinga Insights
The options market shows a bearish sentiment towards Block (NYSE:SQ), with 58% of trades being bearish. The stock is currently trading at $71.47, down by 2.81%. Analysts have mixed ratings, with an average price target of $96.4.

May 21, 2024 | 8:30 pm
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The options market shows a bearish sentiment towards Block (NYSE:SQ), with 58% of trades being bearish. The stock is currently trading at $71.47, down by 2.81%. Analysts have mixed ratings, with an average price target of $96.4.
The majority of options trades are bearish, indicating a negative short-term outlook. The stock price has also declined by 2.81%, reinforcing the bearish sentiment. However, analysts have mixed ratings with an average price target higher than the current price, suggesting potential for recovery.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100