Snap Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Significant bearish options activity has been observed in Snap (NYSE:SNAP), with 44% of investors showing a bearish sentiment. This unusual activity suggests potential volatility in Snap's stock price, currently at $9.15, with a price target range of $5.0 to $15.0. Analysts have mixed ratings, with price targets ranging from $12 to $16.
August 28, 2024 | 6:15 pm
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Snap is experiencing unusual bearish options activity, indicating potential short-term volatility. The stock is currently priced at $9.15, with a target range of $5.0 to $15.0. Analysts have mixed ratings, with price targets between $12 and $16.
The significant bearish options activity, with 44% of investors showing a bearish sentiment, suggests potential downward pressure on Snap's stock price. The current price is $9.15, and the options activity indicates a price target range of $5.0 to $15.0. Analysts' mixed ratings further contribute to the uncertainty, with price targets ranging from $12 to $16.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100