Looking At ServiceNow's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
ServiceNow (NYSE:NOW) has seen unusual options activity, with significant trades indicating a mixed sentiment among investors. The options trades suggest a price range of $700 to $970 for the stock over the next three months. Analysts maintain a positive outlook with target prices ranging from $1000 to $1100.
October 21, 2024 | 7:00 pm
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ServiceNow has experienced unusual options activity, with a mix of bullish and bearish trades. Analysts maintain a positive outlook with target prices between $1000 and $1100, despite the stock currently trading at $900.
The unusual options activity indicates significant interest and potential volatility in ServiceNow's stock. The mixed sentiment among traders suggests uncertainty, but the positive analyst ratings and high target prices provide a bullish outlook. The stock's current price of $900, combined with the predicted range and analyst targets, suggests potential upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100