Weibo Corp (WB) PT Raised to $60.80 at CLSA
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Put Buying Activity in Weibo (WB) Targets Over 7% Downside in Shares Through April -Susquehanna
March 22, 2021 2:46 PM EDTSusquehanna options strategist Alison Edwards notes put buying activity in Weibo (NASDAQ: WB), as an opening investors purchased 2.6k Apr 48 Puts for $1.25. These investors open downside protection to a move below $48 (-7.9%) through mid-Apr, breaking even on a ~10% move lower.
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