Unpacking the Latest Options Trading Trends in Snowflake
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish trend in options trading for Snowflake (NYSE:SNOW), with 55% of trades being bearish. The major market movers are focusing on a price range between $120.0 and $190.0. Currently, SNOW is trading at $130.19, down by -1.82%. Analysts have mixed ratings with target prices ranging from $165 to $220.
July 24, 2024 | 2:46 pm
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Options trading trends indicate a bearish sentiment for Snowflake with 55% of trades being bearish. The stock is currently trading at $130.19, down by -1.82%. Analysts have mixed ratings with target prices ranging from $165 to $220.
The majority of options trades are bearish, indicating a negative sentiment among traders. The stock is currently down, and mixed analyst ratings suggest uncertainty about its short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100