Market Whales and Their Recent Bets on PYPL Options
Portfolio Pulse from Benzinga Insights
Market whales have shown a bearish stance on PayPal Holdings (NASDAQ:PYPL) with 52% of recent options trades being bearish. The price target for PYPL ranges from $30 to $110, with significant open interest and volume in this range. Analysts have mixed ratings, with an average target price of $82.25.
June 14, 2024 | 5:02 pm
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NEGATIVE IMPACT
Market whales have shown a bearish stance on PayPal Holdings with 52% of recent options trades being bearish. The price target for PYPL ranges from $30 to $110, with significant open interest and volume in this range. Analysts have mixed ratings, with an average target price of $82.25.
The majority of recent options trades on PYPL are bearish, indicating a negative sentiment among large investors. This, combined with mixed analyst ratings, suggests potential short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100