Market Whales and Their Recent Bets on WDAY Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bearish sentiment towards Workday (NASDAQ:WDAY) options, with 75% of the activity being bearish. This unusual activity suggests potential significant movements in WDAY's stock price. Analysts have mixed ratings, with target prices ranging from $260 to $315.
September 09, 2024 | 7:30 pm
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Workday (NASDAQ:WDAY) is experiencing unusual bearish options activity, with 75% of the trades being bearish. This suggests potential downward pressure on the stock. Analysts have mixed ratings, with target prices ranging from $260 to $315.
The significant bearish sentiment in options trading suggests that investors expect a decline in WDAY's stock price. The mixed analyst ratings provide a range of potential price targets, but the bearish options activity is a strong indicator of short-term downward pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100