What the Options Market Tells Us About Pinterest

Whales with a lot of money to spend have taken a noticeably bullish stance on Pinterest.

Looking at options history for Pinterest PINS we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 37% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $206,566 and 5, calls, for a total amount of $244,611.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $27.0 to $45.0 for Pinterest over the last 3 months.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of Pinterest stands at 1316.0, with a total volume reaching 5,145.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Pinterest, situated within the strike price corridor from $27.0 to $45.0, throughout the last 30 days.

Pinterest Option Activity Analysis: Last 30 Days

Options Call Chart

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
PINS PUT SWEEP BEARISH 02/21/25 $1.13 $1.12 $1.13 $28.00 $112.5K 2.5K 1.0K
PINS CALL SWEEP BULLISH 05/16/25 $6.05 $5.95 $6.05 $28.00 $79.2K 29 132
PINS CALL TRADE NEUTRAL 01/16/26 $6.9 $6.7 $6.8 $30.00 $68.0K 1.3K 207
PINS PUT SWEEP NEUTRAL 01/10/25 $0.5 $0.49 $0.49 $31.00 $56.2K 541 1.0K
PINS CALL TRADE BULLISH 01/24/25 $2.1 $1.94 $2.1 $30.00 $37.8K 337 185

About Pinterest

Pinterest is a social media platform with a focus on product and idea discovery. Pinterest users, or pinners, can leverage the platform as they go about gathering ideas on topics such as home improvement, fashion, cooking, and travel. The company has more than 500 million monthly active users, two thirds of whom are female. Pinterest generates revenue by selling digital ads on its platform. While the platform's user base spans the globe, the vast majority of its revenue stems from ads shown to North American users.

In light of the recent options history for Pinterest, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is Pinterest Standing Right Now?

  • With a volume of 4,872,245, the price of PINS is up 1.64% at $31.08.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 34 days.

Professional Analyst Ratings for Pinterest

2 market experts have recently issued ratings for this stock, with a consensus target price of $42.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Piper Sandler downgraded its action to Neutral with a price target of $36. * In a cautious move, an analyst from RBC Capital downgraded its rating to Outperform, setting a price target of $48.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Pinterest, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
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