Unpacking the Latest Options Trading Trends in Atlassian
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bullish stance on Atlassian (NASDAQ:TEAM) by big-money investors. Benzinga's options scanner identified 10 significant options trades, with 80% being bullish. Analysts have set an average price target of $218.67, with the stock currently trading at $176.78.
August 01, 2024 | 6:47 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Big-money investors have shown a bullish stance on Atlassian (NASDAQ:TEAM) with 80% of recent options trades being calls. Analysts have set an average price target of $218.67, while the stock is currently trading at $176.78.
The significant volume of bullish options trades suggests that investors expect the stock price to rise. Additionally, analysts' price targets are significantly higher than the current trading price, reinforcing the bullish sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100