Unpacking the Latest Options Trading Trends in Novavax
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Novavax (NASDAQ: NVAX) show a bearish sentiment among financial giants, with 50% of trades being bearish. The stock is currently down 2.2% at $17.82, and analysts have mixed ratings with price targets ranging from $10 to $29.
June 04, 2024 | 3:01 pm
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Novavax has seen a significant bearish sentiment in recent options trading, with 50% of trades being bearish. The stock is currently down 2.2% at $17.82. Analysts have mixed ratings, with price targets ranging from $10 to $29.
The bearish sentiment in options trading, combined with the stock's recent decline and mixed analyst ratings, suggests a negative short-term outlook for Novavax. The high volume of bearish trades indicates a lack of confidence among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100