Alphabet Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent options activity for Alphabet (NASDAQ:GOOGL) shows a bearish sentiment among large investors, with 63% of trades being bearish. The options activity suggests a price range of $135 to $180 for Alphabet. Analysts have mixed ratings, with price targets ranging from $182 to $222.
October 08, 2024 | 2:15 pm
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Alphabet's recent options activity indicates a bearish sentiment, with 63% of trades being bearish. Analysts have mixed ratings, with price targets ranging from $182 to $222. The current stock price is $163.78, and RSI indicators suggest it may be overbought.
The options activity shows a significant bearish sentiment among large investors, which could indicate a potential short-term price decline. The mixed analyst ratings and the current overbought RSI status further support a cautious outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100