Behind the Scenes of MicroStrategy's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish trend in MicroStrategy's (NASDAQ:MSTR) options trading, with 44% of trades being bearish. The trading activity suggests a price range of $280.0 to $3800.0 for MSTR over the next three months. The stock is currently down by -4.09%, trading at $1434.39, and may be approaching oversold territory. Analysts have mixed ratings with price targets ranging from $2047 to $2890.
June 17, 2024 | 2:01 pm
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MicroStrategy (NASDAQ:MSTR) has seen a bearish trend in options trading, with 44% of trades being bearish. The stock is currently down by -4.09%, trading at $1434.39, and may be approaching oversold territory. Analysts have mixed ratings with price targets ranging from $2047 to $2890.
The bearish trend in options trading and the current decline in stock price suggest a negative short-term outlook. However, mixed analyst ratings provide some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100