Large-scale investors signaled a bearish outlook for Duolingo through unusual options activity on February 6, 2026. Benzinga's options scanner flagged 26 uncommon trades, marking an abnormal level of activity for the company.
Sentiment among these high-capital traders skewed heavily negative, with 57% of trades identified as bearish. Only 26% of the activity reflected bullish sentiment.
The transactions included 23 put options with a total value of $1,673,518. In contrast, traders executed only three call options totaling $181,217. This concentrated volume of bearish positions suggests that major investors anticipate a decline in Duolingo's share price.