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Decoding ServiceNow's Options Activity: What's the Big Picture?

Benzinga ·  Nov 11 10:30

Investors with a lot of money to spend have taken a bullish stance onServiceNow(NYSE:NOW).

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NOW, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 11 options trades forServiceNow.

This isn't normal.

The overall sentiment of these big-money traders is split between 36% bullish and 27%, bearish.

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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