Bullish Options Positioning in Pinterest (PINS) Targets 54% Upside in Shares Through January 2022 -Susquehanna
Susquehanna options strategist Alison Edwards notes long-term bullish positioning in Pinterest (NYSE: PINS), as an opening investor in purchased 11k Jan2022 110 Calls for $11.40 up to $11.75. This investor opens upside exposure through early 2022, breaking even on a ~54% rally in the underlying.