A Closer Look at Celsius Holdings's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Celsius Holdings (NASDAQ:CELH) based on significant options activity. The majority of the options trades detected were bearish, with a notable volume and open interest in both puts and calls. Analysts have mixed ratings, with a consensus target price of $87.8.
June 18, 2024 | 2:31 pm
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Celsius Holdings (NASDAQ:CELH) has seen significant bearish options activity, with 56% of trades being bearish. This could indicate a potential short-term decline in stock price. Analysts have mixed ratings, with a consensus target price of $87.8.
The significant bearish options activity suggests that investors are expecting a decline in CELH's stock price. The mixed analyst ratings and the current price being below the consensus target price further support this outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100