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A Closer Look at Snowflake's Options Market Dynamics

Benzinga ·  Dec 24, 2024 00:15

Financial giants have made a conspicuous bearish move on Snowflake. Our analysis of options history for Snowflake (NYSE:SNOW) revealed 21 unusual trades.

Delving into the details, we found 23% of traders were bullish, while 47% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $149,740, and 17 were calls, valued at $1,233,994.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $65.0 to $210.0 for Snowflake over the recent three months.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into...

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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