Smart Money Is Betting Big In TTD Options
Portfolio Pulse from Benzinga Insights
Investors are taking a bearish stance on Trade Desk (NASDAQ:TTD) as indicated by recent options trading activity. Benzinga's options scanner detected 13 unusual trades, with 61% being bearish. The trading activity suggests a focus on a price range between $50 and $145. Analysts have mixed ratings, with price targets ranging from $57 to $130.
August 27, 2024 | 5:45 pm
News sentiment analysis
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NEGATIVE IMPACT
Trade Desk (NASDAQ:TTD) is experiencing bearish sentiment from investors, as 61% of recent options trades are negative. Analysts have mixed ratings, with price targets ranging from $57 to $130.
The significant bearish sentiment in options trading suggests that investors expect a decline in TTD's stock price. The mixed analyst ratings and wide range of price targets indicate uncertainty about the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100