Unpacking the Latest Options Trading Trends in Snowflake
Portfolio Pulse from Benzinga Insights
Recent options trading trends in Snowflake (NYSE:SNOW) show a balanced sentiment among investors, with significant trades in both calls and puts. The stock is currently trading at $164.87, up by 1.86%, and has an upcoming earnings release in 2 days. Analysts have mixed ratings with a consensus target price of $218.33.
May 20, 2024 | 4:16 pm
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Options trading trends for Snowflake show a balanced sentiment with significant trades in both calls and puts. The stock is currently trading at $164.87, up by 1.86%, with an upcoming earnings release in 2 days. Analysts have mixed ratings with a consensus target price of $218.33.
The balanced sentiment in options trading, combined with the stock's recent price increase and upcoming earnings release, suggests a positive short-term outlook. Analysts' mixed ratings with a consensus target price higher than the current price also support a likely upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100