Looking At Okta's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent options activity for Okta shows a bearish sentiment among large investors, with 66% of trades being bearish. The price range targeted by these trades is between $60 and $77.5. Analysts have mixed ratings on Okta, with price targets ranging from $90 to $110.
September 10, 2024 | 8:46 pm
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Okta's recent options activity indicates a bearish sentiment, with 66% of trades being bearish. The stock is currently trading at $71, with analysts' price targets ranging from $90 to $110.
The majority of recent options trades for Okta are bearish, suggesting a negative short-term outlook. The stock is currently trading at $71, and analysts have set price targets between $90 and $110, indicating mixed expectations. The bearish sentiment in options trading could lead to short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100