share_log

Market Whales and Their Recent Bets on NOW Options

Benzinga ·  Aug 21 09:46

Whales with a lot of money to spend have taken a noticeably bullish stance onServiceNow.

Looking at options history for ServiceNow (NYSE:NOW) we detected 13 trades.

If we consider the specifics of each trade, it is accurate to state that 69% of the investors opened trades with bullish expectations and 23% with bearish.

From the overall spotted trades, 9 are puts, for a total amount of $429,800 and 4, calls, for a total amount of $631,770.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $740.0 and $800.0 for ServiceNow...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment