This Is What Whales Are Betting On Upstart Hldgs
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bearish sentiment towards Upstart Holdings (NASDAQ:UPST), with significant options activity indicating potential price movements. The majority of options are bearish, focusing on a price range between $25.0 and $44.0. Current trading volume is high, and the stock is slightly down, with RSI indicators suggesting it may be overbought.
August 27, 2024 | 2:31 pm
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Upstart Holdings is experiencing significant bearish options activity, with 57% of investors showing a bearish sentiment. The stock is currently trading at $42.56, down by 1.36%, and may be overbought according to RSI indicators.
The article highlights a significant bearish sentiment among large investors towards Upstart Holdings, with a majority of options activity being bearish. This suggests potential downward pressure on the stock price. The current trading volume is high, and the stock is slightly down, with RSI indicators suggesting it may be overbought, which could lead to further price declines.
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