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This Is What Whales Are Betting On Spotify Technology

Benzinga ·  Sep 30 16:15

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...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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