"Smart Money Is Betting Big In AKAM Options" is an article about big money people making choices about Akamai Techs. These big money people have been buying and selling things called options, which can be risky but also have the chance to make a lot of money. The article talks about what these big money people have been doing with Akamai Techs options and how it might affect the price of the company's stock. Read from source...
The article "Smart Money Is Betting Big In AKAM Options" appears to present a balanced view of the options activities for Akamai Techs. However, upon closer examination, it seems to subtly sway the reader towards a bearish sentiment, possibly influencing their decisions. For instance, it mentions that "whales" with a lot of money to spend have taken a noticeably bearish stance on Akamai Techs. This statement could potentially influence readers to think negatively about the company and its options, despite the article's claim of neutrality. Additionally, the use of the term "whales" to describe large investors may evoke negative associations with greed and speculation, further influencing readers' perceptions. The article also presents data on options activities and trends, but some of the information appears to be outdated or irrelevant, leading to confusion. Overall, while the article provides valuable insights into Akamai Techs' options activities, its presentation could benefit from greater clarity and objectivity.
Positive
There is a noticeable positivity in the Smart Money being actively involved in betting big on Akamai Tech's options. While there is indeed a bearish stance from certain investors, the overall prediction of price range and the increase in trading volume and open interest indicate a positive sentiment.
According to the article, "Smart Money Is Betting Big In AKAM Options", investors are taking a bearish stance on Akamai Technologies (AKAM). The options activity associated with AKAM suggests a potential price range between $80.0 to $120.0. The trading volume for AKAM is high at 1,411,780, with a price drop of -0.77%, currently positioned at $95.05. The stock's RSI indicators show it may be approaching overbought. Earnings announcement is expected in 20 days. Two professional analysts have given their take on this stock in the last 30 days, setting an average price target of $111.0. An analyst from Scotiabank has revised its rating downward to Sector Outperform, adjusting the price target to $110. An analyst from Piper Sandler continues to hold a Overweight rating for Akamai Techs, targeting a price of $112. Options are a riskier asset compared to just trading the stock, but they have higher profit potential.
AKAM's significant options trades detected include:
1. Symbol: AKAM
2. Trade Type: PUT
3. Trade Sentiment: SWEEP
4. Expected Date (DTE): 59.2K
5. Ask Price: 1.2K
6. Bid Price: $95.05
7. Strike Price: $95.00
8. Total Trade Price: $166,057
9. Open Interest: 1.2K
10. Volume: 4
1. Symbol: AKAM
2. Trade Type: CALL
3. Trade Sentiment: SWEEP
4. Expected Date (DTE): 50.2K
5. Ask Price: 1.4K
6. Bid Price: $95.05
7. Strike Price: $95.00
8. Total Trade Price: $143,885
9. Open Interest: 1.4K
10. Volume: 4
1. Symbol: AKAM
2. Trade Type: PUT
3. Trade Sentiment: SWEEP
4. Expected Date (DTE): 38.4K
5. Ask Price: N/A
6. Bid Price: N/A
7. Strike Price: $95.00
8. Total Trade Price: $34,300
9. Open Interest: N/A
10. Volume: 4
1. Symbol: AKAM
2. Trade Type: CALL
3. Trade Sentiment: SWEEP
4. Expected Date (DTE): 36.2K
5. Ask Price: 1.1K
6. Bid Price: $95.05
7. Strike Price: $95.00
8. Total Trade Price: $36,200
9. Open Interest: 1.1K
10. Volume: