Behind the Scenes of Monday.Com's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Whales have taken a bearish stance on Monday.Com (NASDAQ:MNDY) with 60% of recent options trades being puts. The total value of these trades is $415,100 for puts and $54,300 for calls. The price window eyed by big players is between $200.0 and $240.0. Current trading volume is 209,180 with the stock price up by 2.65% at $221.62. Analysts have mixed ratings with an average target price of $260.0.
August 09, 2024 | 3:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Whales have taken a bearish stance on Monday.Com with 60% of recent options trades being puts. The stock is currently trading at $221.62, up by 2.65%. Analysts have mixed ratings with an average target price of $260.0.
The majority of recent options trades are bearish, indicating that large investors expect the stock price to decline. Despite the current price increase, the bearish sentiment from options trading could lead to downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100