Market Whales and Their Recent Bets on NVO Options
Portfolio Pulse from Benzinga Insights
Financial giants have made bearish moves on Novo Nordisk (NYSE:NVO) through options trading, with 65% of trades being bearish. The stock is currently trading at $111.62, down 0.66%. Analysts have set price targets between $156 and $160, with mixed ratings.
October 29, 2024 | 5:00 pm
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Novo Nordisk has seen a significant bearish sentiment in options trading, with 65% of trades being bearish. The stock is currently trading at $111.62, down 0.66%. Analysts have set price targets between $156 and $160, with mixed ratings.
The article highlights a bearish sentiment in the options market for Novo Nordisk, with 65% of trades being bearish. This suggests a negative short-term outlook. The stock's current price is $111.62, and analysts have set higher price targets, indicating potential for recovery. However, the immediate sentiment is negative, likely impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100