A Closer Look at Spotify Technology's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
The options market for Spotify Technology (NYSE:SPOT) shows a bullish trend with significant trades, including 7 call options valued at $1,026,245 and 6 put options valued at $269,916. Analysts have mixed ratings, with price targets ranging from $340 to $490. SPOT's stock is currently trading at $389.92, up 1.45%, with an earnings announcement expected in 14 days.
October 29, 2024 | 3:30 pm
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Spotify Technology's options market shows a bullish trend with significant call trades. Analysts have mixed ratings, with price targets ranging from $340 to $490. SPOT's stock is currently trading at $389.92, up 1.45%, with an earnings announcement expected in 14 days.
The options market for SPOT shows a bullish sentiment with more call options than puts, indicating investor confidence. Analysts' ratings are mostly positive, with high price targets, suggesting potential upside. The stock's recent price increase and upcoming earnings announcement could further influence its short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100