Financial giants have made a conspicuous bullish move on Duolingo. Our analysis of options history for Duolingo (NASDAQ:DUOL) revealed 18 unusual trades.
Delving into the details, we found 44% of traders were bullish, while 38% showed bearish tendencies. Out of all the trades we spotted, 16 were puts, with a value of $2,199,277, and 2 were calls, valued at $95,144.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $100.0 to $400.0 for Duolingo over the recent three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Duolingo’s options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Duolingo’s whale activity within a strike price range from $100.0 to $400.0 in the last 30 days.
Duolingo 30-Day Option Volume & Interest Snapshot
This post was originally published here
