Celsius Holdings Unusual Options Activity For July 09 Celsius Holdings, Analyst from Stifel, Analyst from Wedbush, Benzinga Staff Writer, Analyst from TD Cowen, Analyst from Jefferies, Analyst from Morgan Stanley by https://www.benzinga.com/
AI Insights:
Simple Explanation:
the article is about a company called celsius holdings and some unusual options activity for july 9. this means that some people bought or sold options, which are like bets on the price of celsius holdings' stock. the article talks about what kind of bets people made and what it might mean for the future price of celsius holdings' stock. Read from source...
Critical Perspective:
"Celsius Holdings Unusual Options Activity For July 09" by Benzinga Insights. The article claims 28 unusual trades with 21% of traders bullish and 60% bearish. However, this information is ambiguous and not supported by any evidence. The article also mentions a price range from $45.0 to 80.0 but provides no justification for this claim. Overall, the article lacks logical reasoning, objectivity, and transparency.
Investment Analysis:
We are not financial advisors. It's always essential for you to consult with a financial advisor and do your research before making any decisions about investments.
1. Based on the unusual options activity for July 09, traders seem to be targeting a price range for Celsius Holdings between $45.0 to $80.0. The mean open interest for Celsius Holdings options trades is 873.25 with a total volume of 9,289.00.
2. The options trading for CELH indicates a bearish sentiment, with 60% of traders showing bearish tendencies. Out of all the trades, 15 were puts, with a value of $984,898, and 13 were calls, valued at $661,243.
3. The stock is currently trading at $55.95, with a volume of 7,069,029. The Relative Strength Index (RSI) readings suggest that the stock may be approaching oversold. The anticipated earnings release is in 28 days.
4. The consensus target price among the 5 market experts is $79.8. Analysts from Wedbush, Jefferies, TD Cowen, Morgan Stanley, and Stifel hold Outperform, Buy, and Equal-Weight ratings for Celsius Holdings, targeting prices between $68 and $98.
5. Traders manage risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Real-time alerts from Benzinga Pro can help traders stay informed about the latest Celsius Holdings options trades.
Overall, investment recommendations should take into account the unusual options activity, market sentiment, current stock price, and target prices set by market experts. Investors should also consider the risks and potential rewards associated with trading options.