Behind the Scenes of Pure Storage's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options activity for Pure Storage (NYSE:PSTG) indicates a bullish sentiment among big-money investors, with 58% of trades being bullish. The stock is currently trading at $62.88, and analysts have mixed ratings with price targets ranging from $51 to $70.

May 29, 2024 | 5:01 pm
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Recent options activity for Pure Storage shows a bullish sentiment among big-money investors, with 58% of trades being bullish. The stock is currently trading at $62.88, and analysts have mixed ratings with price targets ranging from $51 to $70.
The significant bullish sentiment among big-money investors, as indicated by the options activity, suggests a positive outlook for Pure Storage in the short term. Additionally, the stock is currently trading near the higher end of analysts' price targets, which could attract more investor interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100