What the Options Market Tells Us About Amgen
Portfolio Pulse from Benzinga Insights
The options market shows a mixed sentiment towards Amgen (NASDAQ:AMGN), with 40% of trades being bullish and 40% bearish. Whales are targeting a price range of $280 to $340. Amgen's stock is currently down by 0.24% at $336.58, with an RSI indicating a potential overbought condition. The next earnings report is due in 36 days.
September 23, 2024 | 2:45 pm
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Amgen's options market activity shows mixed sentiment with significant trades in both bullish and bearish directions. Whales are targeting a price range of $280 to $340. The stock is currently slightly down, and RSI suggests it may be overbought.
The options market shows a balanced sentiment with equal bullish and bearish trades, indicating uncertainty. The targeted price range by whales suggests potential volatility. The current stock price is slightly down, and RSI indicates a possible overbought condition, which could lead to a price correction. The upcoming earnings report could also impact the stock price.
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