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.

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