Decoding Workday's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish sentiment towards Workday (NASDAQ:WDAY) through significant options activity. Analysis reveals 61% of traders are bullish, with a price target range of $200 to $240. Expert analysts maintain high target prices, indicating positive market sentiment.
June 05, 2024 | 6:01 pm
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POSITIVE IMPACT
Workday has seen significant bullish options activity, with 61% of traders showing positive sentiment. Analysts maintain high target prices, suggesting a positive outlook for the stock.
The majority of options trades are bullish, with significant call options activity. Analysts' high target prices further support a positive short-term outlook for Workday.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100