share_log

This Is What Whales Are Betting On Spotify Technology

Benzinga ·  Oct 1 04:15

Whales with a lot of money to spend have taken a noticeably bullish stance onSpotify Technology.

Looking at options history for Spotify Technology (NYSE:SPOT) we detected 26 trades.

If we consider the specifics of each trade, it is accurate to state that 65% of the investors opened trades with bullish expectations and 19% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $183,371 and 21, calls, for a total amount of $1,184,260.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $290.0 to $550.0 for...

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment