Market Whales and Their Recent Bets on GOOGL Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Alphabet (GOOGL) through options trading, with 41% of the activity being bearish. The options activity is unusually high, suggesting potential significant movements in GOOGL's stock price. Analysts have mixed ratings, with price targets ranging from $170 to $200.
October 01, 2024 | 4:46 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Unusual options activity on GOOGL indicates bearish sentiment among large investors, with 41% of trades being bearish. Analysts have mixed ratings, with price targets between $170 and $200.
The significant bearish options activity suggests that large investors expect a potential decline in GOOGL's stock price. The mixed analyst ratings and price targets further indicate uncertainty in the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100