Snowflake Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bearish stance on Snowflake (NYSE:SNOW), with 75% of the detected unusual options trades being bearish. Whales have been targeting a price range of $100 to $220 for Snowflake over the last 3 months. The stock is currently down 0.67% at $172.22.
June 22, 2023 | 2:20 pm
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A whale has taken a bearish stance on Snowflake, with 75% of the detected unusual options trades being bearish. The stock is currently down 0.67% at $172.22.
The article highlights that a whale has taken a bearish stance on Snowflake, with 75% of the detected unusual options trades being bearish. This indicates that the majority of the big money is expecting the stock price to go down in the short term. The stock is currently down 0.67% at $172.22, which supports the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100