Snowflake Unusual Options Activity For August 07
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Snowflake (NYSE:SNOW), with a large position indicating a bullish stance. The overall sentiment of these big-money traders is split between 50% bullish and 50% bearish. The whales have been targeting a price range from $150.0 to $200.0 for Snowflake over the last 3 months. Several experts have upgraded their ratings on Snowflake, with price targets ranging from $173 to $220.
August 07, 2023 | 2:16 pm
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Unusual options activity indicates a bullish stance on Snowflake. The sentiment is split between 50% bullish and 50% bearish. Price targets range from $150 to $200.
The unusual options activity, with a large position indicating a bullish stance, suggests that there may be significant movement in Snowflake's stock price in the near future. The split sentiment indicates uncertainty, but the price targets suggest a potential upside. This, combined with the upgrades from experts, could have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100