A Closer Look at Amgen's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Investors have shown significant interest in Amgen's options market, with a mix of bullish and bearish trades. The options activity suggests a targeted price range of $280 to $340 for Amgen. Analysts have mixed ratings, with price targets ranging from $303 to $340.
July 15, 2024 | 8:01 pm
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Significant options activity in Amgen suggests a targeted price range of $280 to $340. Analysts have mixed ratings, with price targets from $303 to $340. The stock is currently trading at $330.69, with an earnings announcement expected in 17 days.
The substantial options activity, combined with mixed analyst ratings and an upcoming earnings announcement, suggests potential volatility and interest in Amgen's stock. The targeted price range and current trading price indicate a bullish sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100