Looking At Okta's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent unusual options activity for Okta (NASDAQ:OKTA) indicates a bullish stance from investors, with 66% of trades being bullish and 33% bearish. The options trades, totaling over $363,000, suggest a targeted price range of $80 to $125. Analysts have mixed ratings, with a consensus target price of $118.4.
June 17, 2024 | 8:45 pm
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Recent unusual options activity for Okta shows a bullish trend with significant trades totaling over $363,000. Analysts have mixed ratings, with a consensus target price of $118.4.
The unusual options activity, with 66% bullish trades, suggests positive sentiment among investors. The targeted price range of $80 to $125 and mixed analyst ratings with a consensus target of $118.4 indicate potential upward movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100