PayPal Holdings Unusual Options Activity For May 23
Portfolio Pulse from Benzinga Insights
Significant options activity has been detected for PayPal Holdings (NASDAQ:PYPL), with a mix of bullish and bearish trades. The activity suggests a price target range of $50.0 to $100.0 over the next three months. The stock is currently trading at $62.15, down by 0.06%.
May 23, 2024 | 3:15 pm
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Significant options activity detected for PayPal Holdings, with a mix of bullish and bearish trades. The activity suggests a price target range of $50.0 to $100.0 over the next three months. The stock is currently trading at $62.15, down by 0.06%.
The detection of significant options activity, especially with a mix of bullish and bearish trades, often indicates that large investors are positioning themselves for potential price movements. The price target range of $50.0 to $100.0 suggests that investors expect volatility in the stock. Given the current price of $62.15, this activity could lead to increased interest and potential upward movement in the short term.
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RELEVANCE 100