This Is What Whales Are Betting On Novo Nordisk
Portfolio Pulse from Benzinga Insights
A large bearish position has been taken on Novo Nordisk (NYSE:NVO), as observed in publicly available options history. The overall sentiment of these big-money traders is split between 31% bullish and 68% bearish. The whales have been targeting a price range from $160.0 to $210.0 for Novo Nordisk over the last 3 months. The price of NVO is currently down -1.82% at $193.16.
September 13, 2023 | 5:46 pm
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NEGATIVE IMPACT
A large bearish position has been taken on Novo Nordisk, indicating potential downward pressure on the stock. The current price is down -1.82% at $193.16.
The large bearish position taken on Novo Nordisk indicates that big-money traders expect the stock price to decrease. This could put downward pressure on the stock in the short term. The current price is already down -1.82%.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100