Spotlight on Intuit: Analyzing the Surge in Options Activity - Intuit (NASDAQ:INTU)

Core Insights - Deep-pocketed investors are showing a bullish sentiment towards Intuit (NASDAQ:INTU), indicating potential significant developments ahead [1] - The options activity for Intuit is unusually high, with 60% of investors leaning bullish and 30% bearish [2] Options Activity - A total of 10 extraordinary options activities were highlighted, with 5 puts totaling $230,942 and 5 calls amounting to $298,974 [2] - The average open interest for Intuit options is 1066.7, with total volume reaching 236.00, indicating strong trading interest [4] Price Targets - Whales have targeted a price range for Intuit between $560.0 and $780.0 over the last three months [3] - Recent expert ratings suggest an average target price of $843.75, with individual targets ranging from $810 to $875 [10][11] Company Overview - Intuit provides accounting software QuickBooks, online marketing platform Mailchimp, retail tax filing tool TurboTax, and personal finance platform Credit Karma, holding a dominant market share in the US for small-to-midsize business accounting [9]