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Barchart
Barchart
Josh Enomoto

Beyond Meat (BYND) Options Imply a Possible Scalping Opportunity

It’s not something that investors averse to risk should consider. However, plant-based food specialist Beyond Meat (BYND) looks intriguing when you consider the action in the derivatives market. In addition, heavy short interest against BYND stock could send shares surprisingly soaring northward.

Of course, a cursory glance at Beyond Meat’s performance on the charts offers little to no indication of a recovery. At the moment, Wall Street analysts rate BYND stock a consensus Moderate Sell. Usually, market experts prefer to be diplomatic with their criticisms. However, among the 13 voices, six of them issued Strong Sell recommendations. The other seven represented holds.

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