Snowflake Unusual Options Activity For September 05
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Snowflake (NYSE:SNOW), with a majority of investors taking a bullish stance. The trades include 3 puts amounting to $95,445 and 7 calls amounting to $2,852,570. Whales have been targeting a price range from $160.0 to $250.0 for Snowflake over the last 3 months. The current price of SNOW is up 0.41% at $157.73. Analysts have mixed opinions, with price targets ranging from $144 to $220.
September 05, 2023 | 4:30 pm
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Snowflake has seen significant unusual options activity, with a majority of investors taking a bullish stance. The current price of SNOW is up 0.41% at $157.73. Analysts have mixed opinions, with price targets ranging from $144 to $220.
The unusual options activity, majority of which is bullish, indicates a potential increase in the stock price. The current price increase and the wide range of analyst price targets suggest uncertainty, but overall, the news is likely to have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100