Riot Platforms's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bearish sentiment towards Riot Platforms (NASDAQ:RIOT), with significant options activity indicating potential price movements between $5.0 and $13.0. Despite a recent price increase, analysts have downgraded their ratings, reflecting caution.
October 16, 2024 | 8:16 pm
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Riot Platforms sees significant bearish options activity, with investors targeting a price range of $5.0 to $13.0. Analysts have downgraded their ratings, indicating caution despite a recent price increase.
The article highlights a bearish sentiment among investors towards Riot Platforms, as evidenced by significant options activity. The majority of options are bearish, and analysts have downgraded their ratings, suggesting caution. This combination of factors is likely to exert downward pressure on the stock price in the short term.
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