Snowflake Unusual Options Activity For July 29
Portfolio Pulse from Benzinga Insights
Whales have shown unusual options activity for Snowflake (NYSE:SNOW), with a mix of bullish and bearish trades. Analysts have set a consensus target price of $198.33, with individual targets ranging from $165 to $220. The stock is currently trading at $128.96, down by 0.03%, and may be approaching oversold territory.
July 29, 2024 | 3:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Whales have shown unusual options activity for Snowflake, with a mix of bullish and bearish trades. Analysts have set a consensus target price of $198.33, with individual targets ranging from $165 to $220. The stock is currently trading at $128.96, down by 0.03%, and may be approaching oversold territory.
The mixed options activity indicates significant interest from large investors, which could lead to increased volatility. The consensus target price from analysts suggests potential upside. The current price and RSI indicate the stock may be oversold, presenting a buying opportunity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100