Amgen Unusual Options Activity For June 01
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Amgen (NASDAQ:AMGN) with a bearish stance. Benzinga's options scanner spotted 11 uncommon options trades, with 72% being bearish and 27% bullish. Whales have been targeting a price range of $200 to $300 for Amgen over the last 3 months.

June 01, 2023 | 7:49 pm
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Amgen has seen unusual options activity with a predominantly bearish stance. Whales have targeted a price range of $200 to $300 for the stock over the last 3 months.
The unusual options activity with a predominantly bearish stance suggests that there may be a negative sentiment among big-money traders. This could potentially lead to a short-term downward pressure on the stock price. Additionally, the targeted price range of $200 to $300 indicates that the stock may experience price fluctuations within this range.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100