Market Whales and Their Recent Bets on AMGN Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Amgen (NASDAQ:AMGN) with significant options activity. Benzinga's options scanner highlighted 12 extraordinary options activities, with 58% bullish and 33% bearish. The major market movers are focusing on a price band between $270.0 and $400.0 for Amgen. The current price of AMGN is $336.0, up 0.12%. Analysts have mixed ratings with an average target price of $321.5.

July 25, 2024 | 3:06 pm
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Deep-pocketed investors are showing a bullish sentiment towards Amgen (NASDAQ:AMGN) with significant options activity. Benzinga's options scanner highlighted 12 extraordinary options activities, with 58% bullish and 33% bearish. The major market movers are focusing on a price band between $270.0 and $400.0 for Amgen. The current price of AMGN is $336.0, up 0.12%. Analysts have mixed ratings with an average target price of $321.5.
The significant options activity, with a majority being bullish, suggests that investors expect positive movement in Amgen's stock price. The focus on a price band between $270.0 and $400.0 indicates a broad range of potential upside. The current price is $336.0, and analysts have mixed ratings with an average target price of $321.5, which is slightly below the current price but within the expected range.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100