Roblox Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Roblox (NYSE:RBLX) has seen unusual options activity with a bearish sentiment from big-money investors. The options trades are predominantly puts, indicating a potential price decline. Analysts maintain a Buy rating with a target price around $52, despite the current price drop to $39.76.
October 08, 2024 | 2:31 pm
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Roblox has experienced unusual options activity with a bearish sentiment, as 61% of the trades are puts. This suggests a potential short-term price decline. Despite this, analysts maintain a Buy rating with a target price of $52.
The unusual options activity with a majority of puts indicates a bearish sentiment among big-money investors, suggesting a potential short-term price decline. However, analysts maintain a Buy rating, indicating long-term confidence in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100