Lyft Unusual Options Activity For January 21 - Lyft (NASDAQ:LYFT)

Core Insights - Investors with significant capital have adopted a bearish stance on Lyft, indicating potential insider knowledge of upcoming events [1] - The overall sentiment among large investors is 31% bullish and 62% bearish, with a notable amount of put options traded [2] Trading Activity - A total of 16 uncommon options trades for Lyft were identified, with 7 puts amounting to $823,268 and 9 calls totaling $778,073 [2] - The predicted price range for Lyft over the last three months is between $10.0 and $35.0 [3] Options Volume and Open Interest - Analyzing the volume and open interest of Lyft's options can provide insights into liquidity and investor interest within the price range of $10.0 to $35.0 over the past 30 days [4] Noteworthy Options Activity - Specific trades include a bearish put option with a total trade value of $521.3K at a strike price of $18.00, and a bullish call option with a total trade value of $128.5K at the same strike price [7] Company Overview - Lyft is the second-largest ride-sharing service provider in the US and Canada, offering various ride options and expanding into bike- and scooter-share markets [8] Market Standing - The consensus target price for Lyft is $21.0, with a Neutral rating maintained by analysts [9] - Lyft's current trading volume is 5,168,180, with a price increase of 1.48% to $18.45, indicating a neutral RSI status [10]