Behind the Scenes of Workday's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have adopted a bearish approach towards Workday (NASDAQ:WDAY), as revealed by Benzinga's options scanner. The majority of the options activities are bearish, with significant trades in both puts and calls. Analysts have mixed ratings on Workday, with price targets ranging from $255 to $320.
June 11, 2024 | 7:16 pm
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Deep-pocketed investors are showing a bearish trend towards Workday (NASDAQ:WDAY) with significant options activity. Analysts have mixed ratings with price targets between $255 and $320.
The majority of the options activities are bearish, with significant trades in both puts and calls. This suggests that investors are expecting a potential decline in Workday's stock price. Additionally, the mixed analyst ratings indicate uncertainty about the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100