Market Whales and Their Recent Bets on SHOP Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in Shopify (NYSE:SHOP) options, with a mix of bullish and bearish sentiments. The options activity suggests a targeted price range of $50.0 to $90.0. Analysts have mixed ratings on Shopify, with price targets ranging from $65 to $96.
July 02, 2024 | 4:16 pm
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Significant options activity on Shopify (NYSE:SHOP) indicates a mix of bullish and bearish sentiments among large investors. Analysts have mixed ratings, with price targets ranging from $65 to $96.
The substantial options activity, with a mix of bullish and bearish bets, suggests heightened interest and potential volatility in Shopify's stock. Analysts' mixed ratings and varied price targets further indicate uncertainty but also potential for upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100