Unpacking the Latest Options Trading Trends in Shopify
Portfolio Pulse from Benzinga Insights
Recent options trading trends in Shopify (NYSE:SHOP) indicate a mixed sentiment among big-money investors, with a slight bullish tilt. A total of 12 unusual options trades were identified, with 41% bullish and 33% bearish sentiment. The trades suggest a focus on a price range between $60 and $85. Analysts have mixed ratings, with price targets ranging from $67 to $99.
September 24, 2024 | 3:16 pm
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Shopify's recent options trading shows a mixed sentiment with a slight bullish tilt. Analysts have varied ratings, with price targets from $67 to $99. The stock is currently trading at $79.83, slightly down by 0.35%.
The options trading activity indicates a slight bullish sentiment, with more calls than puts. Analysts' ratings are mixed but generally positive, with some targeting higher prices. This suggests potential upward movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100