Innodata's Options: A Look at What the Big Money is Thinking - Innodata (NASDAQ:INOD)

Core Insights - Significant investors have adopted a bullish stance on Innodata, with 42% of trades being bullish and 42% bearish, indicating a balanced sentiment among traders [1] - Projected price targets for Innodata range from $33.0 to $100.0 based on recent trading activity [2] - The trading volume for Innodata stands at 1,636,808, with the stock price currently at $75.45, reflecting a decrease of 2.05% [14] Options Trading Activity - A total of 14 trades were detected for Innodata, with 4 puts amounting to $432,400 and 10 calls totaling $409,611 [1] - Significant options trades include a bearish put trade with a total price of $276.1K at a strike price of $70.00 and a bullish call trade priced at $78.6K with a strike price of $33.00 [7] Company Overview - Innodata Inc is a data engineering company focused on deploying and integrating AI into operations and products, classified into three segments: Digital Data Solutions (DDS), Synodex, and Agility [8][9] - The DDS segment is the primary revenue generator, providing AI data preparation services and various data engineering support services [9] Analyst Ratings - Analysts have set an average price target of $100.0 for Innodata, with one analyst from Wedbush maintaining an Outperform rating and a target price of $90, while another from BWS Financial has a Buy rating with a target of $110 [11][12]