Some people with a lot of money think that a company called Synopsys will not do well in the future, so they are buying something called options that lets them sell the company's stock at a certain price. This means they can make money if the stock price goes down. But other people think the company will do well, so they are buying options that lets them buy the stock at a lower price. This means they can make money if the stock price goes up. Read from source...
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The article provides detailed analysis of market data, options history, and expert opinions on Synopsys, a provider of electronic design automation software and intellectual property. It covers the sentiment, price range, open interest, volume, and key trades for Synopsys options, as well as the company's current market status, earnings, and analyst ratings. The article also discusses the risks and rewards of options trading and highlights Benzinga's tools and services for smarter investing.