Snowflake Unusual Options Activity For July 02
Portfolio Pulse from Benzinga Insights
Whales have shown a bullish stance on Snowflake (NYSE:SNOW) with 61% of options trades being bullish. The trades include 13 calls and 5 puts, with a total trade value of $621,715 and $304,342 respectively. Analysts have mixed ratings with an average target price of $204.6. The stock is currently down 0.72% at $141.74.
July 02, 2024 | 3:32 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Whales have shown a bullish stance on Snowflake with 61% of options trades being bullish. Analysts have mixed ratings with an average target price of $204.6. The stock is currently down 0.72% at $141.74.
The significant bullish options activity indicates strong investor confidence in Snowflake's short-term performance. Despite mixed analyst ratings, the average target price is significantly higher than the current price, suggesting potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100