Decoding Lyft's Options Activity: What's the Big Picture?
Investors are showing a bullish stance on Lyft (NASDAQ:LYFT), with significant options activity indicating potential price movements between $12.0 and $30.0 over the next three months. Recent trades reveal a split sentiment among big-money traders, with 50% bullish and 40% bearish. Lyft's current price is $17.2, up 3.63%, and analysts suggest a target price of $21.0. The upcoming earnings report is expected in 12 days, and traders are advised to stay informed and strategic in their trading approaches.
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