Check Out What Whales Are Doing With APP
Portfolio Pulse from Benzinga Insights
High-rolling investors have shown significant interest in AppLovin (NASDAQ:APP) through options trading, with a mix of bullish and bearish sentiments. The majority of trades are calls, indicating a generally positive outlook. The stock is currently trading at $83.52, up by 2.1%, with an earnings announcement expected in 16 days.
July 22, 2024 | 8:01 pm
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High-rolling investors have shown significant interest in AppLovin (NASDAQ:APP) through options trading, with a mix of bullish and bearish sentiments. The majority of trades are calls, indicating a generally positive outlook. The stock is currently trading at $83.52, up by 2.1%, with an earnings announcement expected in 16 days.
The significant volume of options trades, predominantly calls, suggests a bullish sentiment among high-rolling investors. This activity, combined with the stock's current upward movement and the upcoming earnings announcement, indicates a likely positive short-term impact on APP's stock price.
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