What the Options Market Tells Us About Align Technology - Align Technology (NASDAQ:ALGN)

Group 1 - Financial giants have shown a bullish sentiment towards Align Technology, with 33% of traders being bullish and 11% bearish, indicating a positive outlook on the stock [1] - The predicted price range for Align Technology over the recent three months is between $160.0 and $180.0, suggesting significant investor interest in this price territory [2] - The mean open interest for Align Technology options trades is 111.0, with a total volume of 1,172.00, reflecting active trading and interest in the stock [3] Group 2 - An industry analyst has set an average target price of $200.0 for Align Technology, with a specific analyst from Mizuho maintaining an Outperform rating and the same target price [4] - The current trading volume for Align Technology is 425,991, with the stock price increasing by 1.5% to reach $159.41, indicating a slight upward trend [5] - Current RSI values suggest that Align Technology's stock is neutral, positioned between overbought and oversold conditions, which may indicate potential for future movement [5]