Snowflake Unusual Options Activity For September 25
Portfolio Pulse from Benzinga Insights
High-rolling investors are showing unusual options activity in Snowflake (NYSE:SNOW), with a majority being bullish. This suggests potential insider information and a projected price target between $111 and $135. The stock is currently trading at $115.23, with a 2.43% increase.
September 25, 2024 | 2:30 pm
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Unusual options activity in Snowflake indicates a bullish sentiment among major investors, with a projected price target between $111 and $135. The stock is currently trading at $115.23, up 2.43%.
The unusual options activity, with a majority of trades being bullish, suggests that significant investors are optimistic about Snowflake's short-term price movement. The projected price target range and the current price increase support this sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100