Alphabet Unusual Options Activity For August 29
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Alphabet (GOOGL), with a mix of bullish and bearish sentiment. A total of 22 uncommon options trades were identified, with a significant focus on call options. The stock is currently trading at $165.32, up 1.52%, and analysts have set an average target price of $212.4.
August 29, 2024 | 2:31 pm
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Alphabet (GOOGL) has seen unusual options activity with a mix of bullish and bearish sentiment. The stock is up 1.52% at $165.32, and analysts have set an average target price of $212.4. This activity suggests potential volatility in the short term.
The unusual options activity, with a significant amount of call options, indicates a bullish sentiment among investors. The stock's current price increase and the analysts' target price suggest potential upward movement. However, the mixed sentiment and options activity imply possible short-term volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100