Decoding Alphabet's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Significant options activity has been detected for Alphabet (NASDAQ:GOOGL), with a mix of bullish and bearish trades. The options trades suggest a price target range of $140 to $195. Analysts have recently downgraded their ratings, with an average target price of $208.
August 23, 2024 | 2:17 pm
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Alphabet's options activity shows a mix of bullish and bearish sentiment, with significant trades suggesting a price range of $140 to $195. Analysts have downgraded their ratings, with an average target price of $208.
The options activity indicates mixed sentiment among large investors, with both bullish and bearish trades. The price target range from options suggests potential volatility. Analysts' downgrades and target price adjustments reflect cautious sentiment, balancing the mixed options activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100