ServiceNow's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
ServiceNow has seen a surge in options trading, with a bearish sentiment prevailing among investors. The stock is currently down 1.69% at $879.31, and experts have set a price target of $900. Recent options trades show a mix of bullish and bearish positions, with a focus on a price range of $760 to $1200.
October 01, 2024 | 3:16 pm
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ServiceNow's options trading shows a bearish sentiment, with the stock currently down 1.69% at $879.31. Analysts have set a price target of $900, indicating potential for a slight rebound. The options market is targeting a wide price range of $760 to $1200.
The article highlights a bearish sentiment in ServiceNow's options trading, with a majority of trades being bearish. The stock is currently down, and the price target set by analysts is slightly above the current price, suggesting limited upside. The wide range of targeted prices in options indicates uncertainty in the market.
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