Core Insights - Investors are showing a bullish stance on Lyft, with significant options activity indicating potential upcoming developments [1][2] - The overall sentiment among large traders is mixed, with 50% bullish and 37% bearish positions observed [2] - A notable price range of $12.0 to $25.0 has been identified for Lyft based on recent options trading [3][4] Options Activity - In the last trading session, 16 options trades were recorded for Lyft, with a total of 15 call options valued at $1,233,705 and only 1 put option worth $78,262 [2][10] - The average open interest for Lyft options is 9,390.1, with total volume reaching 47,619.00 over the past 30 days [4] Market Position and Analyst Ratings - Lyft is currently the second-largest ride-sharing service provider in the US and Canada, offering various transportation options [12] - Recent analyst ratings for Lyft show a consensus target price of $23.4, with individual targets ranging from $20 to $30 from different analysts [14][15] - The current stock price of Lyft is $24.49, reflecting a slight decrease of -0.33% [17]
Lyft Unusual Options Activity For November 13 - Lyft (NASDAQ:LYFT)