Trade Desk's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Trade Desk (NASDAQ:TTD) has seen significant options activity, with 18 unusual trades detected. The trades include 11 puts valued at $1,030,165 and 7 calls valued at $331,295. The stock is currently trading at $99.44, up 1.8%, with an average analyst price target of $110.0. Analysts have mixed ratings, with one downgrade and one maintained rating.
June 18, 2024 | 7:01 pm
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Trade Desk has experienced significant options activity, with a mix of bullish and bearish trades. The stock is currently trading at $99.44, up 1.8%. Analysts have set an average price target of $110.0, with mixed ratings from Wedbush and Piper Sandler.
The significant options activity, combined with the stock's current upward movement and mixed analyst ratings, suggests a positive short-term impact. The average price target of $110.0 indicates potential for further growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100