Riot Platforms Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Riot Platforms (NASDAQ:RIOT) with significant options trading activity. The majority of the trades are bullish, with a projected price target range of $9.0 to $17.0. Analysts have mixed ratings, but the consensus target price is $17.6.
June 26, 2024 | 5:02 pm
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Riot Platforms (NASDAQ:RIOT) has seen significant bullish options trading activity, with a projected price target range of $9.0 to $17.0. Analysts have mixed ratings, but the consensus target price is $17.6.
The significant bullish options activity suggests that investors are expecting the stock price to rise. The mixed analyst ratings, with a consensus target price of $17.6, further support a positive outlook. The current trading volume and RSI values indicate a neutral market sentiment, but the overall trend appears bullish.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100