Peloton Interactive's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
High-rolling investors are showing a bullish sentiment towards Peloton Interactive (NASDAQ:PTON) through options trading, with 70% of trades being bullish. The options activity suggests a targeted price range of $6.0 to $9.0. Peloton's stock is currently trading at $6.64, down by 2.06%, with an earnings announcement expected in one day.
October 30, 2024 | 3:30 pm
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High-rolling investors are showing a bullish sentiment towards Peloton Interactive (NASDAQ:PTON) through options trading, with 70% of trades being bullish. The options activity suggests a targeted price range of $6.0 to $9.0. Peloton's stock is currently trading at $6.64, down by 2.06%, with an earnings announcement expected in one day.
The article highlights significant options trading activity in Peloton Interactive, with a majority of trades being bullish. This suggests that investors expect the stock price to rise. The current stock price is $6.64, and the options activity indicates a targeted price range of $6.0 to $9.0. Additionally, an upcoming earnings announcement could further impact the stock price.
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