Workday's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Investors with significant capital have shown a mixed sentiment towards Workday (NASDAQ:WDAY) through options trading. Benzinga's options scanner identified 12 unusual options trades, split evenly between bullish and bearish sentiments. The trades suggest a price window of $210 to $290 for WDAY. The stock is currently trading at $218.32, down 0.35%, with an RSI indicating it may be approaching overbought territory. Wells Fargo maintains an Overweight rating with a $275 price target.
June 24, 2024 | 7:01 pm
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Significant options trading activity in Workday (NASDAQ:WDAY) shows mixed sentiment among big-money investors. The stock is currently trading at $218.32, down 0.35%. Wells Fargo maintains an Overweight rating with a $275 price target.
The mixed sentiment in options trading suggests uncertainty among big-money investors. The stock's current price and RSI indicate it may be approaching overbought territory. Wells Fargo's maintained Overweight rating with a $275 target provides a positive outlook, balancing the overall neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100