Celsius Holdings's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Celsius Holdings (NASDAQ:CELH) through significant options activity. The options scanner highlighted 9 extraordinary options activities, with 55% of the sentiment being bearish. The stock is currently trading at $38.4, down by 2.54%, and analysts have set an average price target of $67.2.
August 08, 2024 | 2:16 pm
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Deep-pocketed investors have shown a bearish sentiment towards Celsius Holdings (NASDAQ:CELH) through significant options activity. The stock is currently trading at $38.4, down by 2.54%. Analysts have set an average price target of $67.2.
The significant bearish sentiment from deep-pocketed investors, as indicated by the options activity, suggests potential downward pressure on CELH's stock price in the short term. The stock is already down by 2.54%, and the average price target from analysts is significantly higher than the current price, indicating potential volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100