A Closer Look at ServiceNow's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
ServiceNow (NYSE:NOW) has seen significant bullish options activity, with 17 notable trades indicating potential price movements between $400 and $900. Despite a slight current price dip, investor sentiment remains largely positive.
September 17, 2024 | 4:46 pm
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ServiceNow has experienced unusual options activity, with a majority of trades being bullish. This suggests potential upward price movement, despite a current slight price dip.
The article highlights significant bullish options activity for ServiceNow, with 15 out of 17 trades being calls. This suggests that investors are expecting the stock price to rise. The current price is slightly down, but the overall sentiment from options traders is positive, indicating a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100