Market Whales and Their Recent Bets on SNOW Options
Portfolio Pulse from Benzinga Insights
Market whales have shown a bullish stance on Snowflake (NYSE:SNOW) with significant options activity. Out of 28 trades, 26 were calls amounting to $1,484,825, and 2 were puts totaling $260,000. Analysts have mixed ratings, with price targets ranging from $183 to $235. The stock is currently trading at $134.7, up by 0.58%.
June 28, 2024 | 5:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Market whales have shown a bullish stance on Snowflake with significant options activity. Analysts have mixed ratings, with price targets ranging from $183 to $235. The stock is currently trading at $134.7, up by 0.58%.
The significant bullish options activity indicates strong investor confidence in Snowflake's short-term performance. Mixed analyst ratings with high price targets further support a positive outlook. The current price increase and high trading volume also suggest positive momentum.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100