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ServiceNow's Options Frenzy: What You Need to Know

Benzinga ·  13:01

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

Looking at options history for ServiceNow (NYSE:NOW) we detected 16 trades.

If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 43% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $265,400 and 11, calls, for a total amount of $712,486.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $690.0 to $1220.0 for ServiceNow over the recent three...

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
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