A Closer Look at Trade Desk's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Trade Desk (NASDAQ:TTD) has seen significant bullish activity in its options market, with 77% of trades being call options. The price target range is between $90 and $125. Analysts have mixed ratings, with some downgrading to Neutral and others maintaining a Buy rating.
October 09, 2024 | 2:32 pm
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POSITIVE IMPACT
Trade Desk has experienced a surge in bullish options activity, with 77% of trades being call options. Analysts have mixed views, with price targets ranging from $110 to $120. The stock is currently trading at $114.38, slightly down by 0.13%.
The significant bullish options activity suggests positive sentiment among investors, potentially driving the stock price up. However, mixed analyst ratings introduce some uncertainty. The current trading price is within the projected range, indicating potential for upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100