Market Whales and Their Recent Bets on SPOT Options
Portfolio Pulse from Benzinga Insights
Market whales have shown a bullish stance on Spotify Technology (NYSE:SPOT) with significant options trading activity. The trades include both puts and calls, with a projected price target range of $200 to $360. Analysts have mixed ratings, with a consensus target price of $364.0.
July 29, 2024 | 6:02 pm
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Significant options trading activity on Spotify Technology (NYSE:SPOT) indicates a bullish stance among market whales. Analysts have mixed ratings, with a consensus target price of $364.0.
The significant options trading activity, with a majority of trades being bullish, suggests positive sentiment among large investors. Additionally, the mixed but generally positive analyst ratings support a potential upward movement in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100