Snowflake Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
The article discusses the recent options trading activity for Snowflake (NYSE:SNOW), highlighting a bullish sentiment among investors. A significant portion of the trades are calls, indicating positive expectations. Analysts have issued various ratings, with a consensus target price of $152.0.
September 03, 2024 | 2:32 pm
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POSITIVE IMPACT
Snowflake's options trading shows a bullish sentiment with 58% of trades being calls. Analysts have set a consensus target price of $152.0, indicating potential upside.
The majority of options trades are bullish, with a significant amount of capital involved in call options. Analysts' target prices are above the current trading price, indicating potential for price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100