Looking At Workday's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner identified significant options activity on Workday (NASDAQ:WDAY), with over 12 transactions totaling $389,110. Analysts have set price targets between $220 and $290, with an average target of $315. The stock is currently trading at $256.69, down 0.48%, and is approaching overbought territory. Earnings are expected in 3 days.
May 20, 2024 | 3:46 pm
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Workday has seen significant options activity, with over 12 transactions totaling $389,110. Analysts have set price targets between $220 and $290, with an average target of $315. The stock is currently trading at $256.69, down 0.48%, and is approaching overbought territory. Earnings are expected in 3 days.
The significant options activity and bullish sentiment from analysts suggest a positive short-term outlook for Workday. The upcoming earnings release could further impact the stock price.
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IMPORTANCE 80
RELEVANCE 100