Unpacking the Latest Options Trading Trends in Amgen
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Amgen (NASDAQ:AMGN) show a bearish sentiment among financial giants, with 38% of trades being bearish. The stock is currently trading at $334.07, up by 1.19%, but analysts have mixed ratings with target prices ranging from $303 to $340. The next earnings report is due in 16 days.
July 16, 2024 | 3:01 pm
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Amgen has seen a bearish sentiment in recent options trading, with 38% of trades being bearish. The stock is currently trading at $334.07, up by 1.19%. Analysts have mixed ratings with target prices ranging from $303 to $340. The next earnings report is due in 16 days.
The bearish sentiment in options trading suggests that investors are expecting a decline in Amgen's stock price. Despite the current price increase, the mixed analyst ratings and the upcoming earnings report add uncertainty to the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100