Behind the Scenes of ServiceNow's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish trend towards ServiceNow (NYSE:NOW) based on recent options activity. Benzinga's options scanner highlighted 46 significant options trades, with a notable amount of puts and calls. The price range focus is between $600 and $850, with a mean open interest of 180.22 and a total volume of 1,577. The stock is currently trading at $725.5, down by 0.42%.
June 17, 2024 | 8:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
ServiceNow (NYSE:NOW) has seen significant bearish options activity, with a notable amount of puts and calls. The stock is currently trading at $725.5, down by 0.42%.
The significant bearish options activity, with a higher number of puts compared to calls, suggests that investors are expecting a decline in ServiceNow's stock price. The current price drop of 0.42% further supports this bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100