Meanwhile, Facebook said its Data for Good program, which uses data from the company’s application collection to inform university research used to understand and fight coronavirus, has released three new maps predicting the spread of the virus. and showing where people practice quarantine regionally.
The company’s busy day of stocks attracts bullish options. Calls are twice as common today, with 165,000 contracts on the band to date, compared to 75,000 put. The most popular calls are the weekly strike calls 4/9 180 and 175, with new positions open to both.
Taking a broader look, the shows have gained popularity in recent weeks. On the International Securities Exchange (ISE), Cboe Options Exchange (CBOE) and NASDAQ OMX PHLX (PHLX), FB sports a 10-day sales / call ratio of 0.74, which is higher than all other statements from the past year. This means that long put has not been more popular in the past 12 months.
Schaeffer’s put / call open interest rate from FB is 0.84. This ratio is in the high 84th percentile of its annual range, which means that short-term options have rarely been heavier during this same 12-month period.
analyst feeling remains extremely optimistic. Of the 27 covers, 26 call FB a “purchase” or better, with no sales to see. In addition, the 12-month consensus price target of $ 226.53 represents a healthy premium of 32.9% over current levels. & Nbsp; “data-reactid =” 17 “> Conversely, analyst feeling remains extremely optimistic. Of the 27 covers, 26 call FB a “purchase” or better, with no sales to see. In addition, the 12-month consensus price target of $ 226.53 is a good 32.9% premium over current levels.
Today, the FB stock has reached its highest level in almost a month, with the recent support of its 10-day moving average, which has helped move the stock away from its annual lows of mid-March. While the stock is still down 16.6% in 2020, it is already up 10.6% for the week, and is poised to reverse its 30-day moving average since its February peak.