Synopsys Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Synopsys (NASDAQ:SNPS), with significant options trading activity indicating potential price movements between $500 and $900. Analysts have mixed ratings but generally positive price targets for the stock.
May 23, 2024 | 5:01 pm
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POSITIVE IMPACT
Synopsys has seen a surge in options trading activity, with a notable bullish sentiment among investors. Analysts have set price targets ranging from $615 to $672, indicating a positive outlook.
The significant options trading activity, with a majority of calls over puts, suggests a bullish sentiment among investors. Additionally, analysts have set high price targets, reinforcing the positive outlook for Synopsys.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100