Shopify Unusual Options Activity For September 16
Portfolio Pulse from Benzinga Insights
Recent options activity for Shopify (NYSE:SHOP) shows a bullish sentiment among investors, with 60% of trades being bullish. The stock is currently trading at $73.56, with analysts providing mixed ratings and target prices ranging from $67 to $90.
September 16, 2024 | 7:45 pm
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Shopify's recent options activity indicates a bullish sentiment, with 60% of trades being bullish. The stock is trading at $73.56, and analysts have mixed ratings with target prices between $67 and $90.
The majority of options trades are bullish, indicating positive sentiment among investors. The stock's current price is close to the average analyst target, suggesting potential for upward movement. Analyst ratings are mixed, but the overall sentiment leans towards a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100