Monetary giants have made a conspicuous bullish transfer on ServiceNow. Our evaluation of choices historical past for ServiceNow NOW revealed 38 uncommon trades.
Delving into the main points, we discovered 39% of merchants had been bullish, whereas 28% confirmed bearish tendencies. Out of all of the trades we noticed, 8 had been places, with a price of $394,047, and 30 had been calls, valued at $2,480,134.
Anticipated Value Actions
After evaluating the buying and selling volumes and Open Curiosity, it is evident that the main market movers are specializing in a value band between $520.0 and $1000.0 for ServiceNow, spanning the final three months.
Insights into Quantity & Open Curiosity
In immediately’s buying and selling context, the typical open curiosity for choices of ServiceNow stands at 150.58, with a complete quantity reaching 1,748.00. The accompanying chart delineates the development of each name and put possibility quantity and open curiosity for high-value trades in ServiceNow, located inside the strike value hall from $520.0 to $1000.0, all through the final 30 days.
ServiceNow Possibility Exercise Evaluation: Final 30 Days
Largest Choices Trades Noticed:
| Image | PUT/CALL | Commerce Kind | Sentiment | Exp. Date | Ask | Bid | Value | Strike Value | Whole Commerce Value | Open Curiosity | Quantity |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NOW | CALL | TRADE | BEARISH | 01/16/26 | $193.0 | $184.1 | $187.25 | $860.00 | $936.2K | 25 | 50 |
| NOW | CALL | SWEEP | BULLISH | 01/17/25 | $33.8 | $30.6 | $32.0 | $1000.00 | $153.6K | 289 | 50 |
| NOW | CALL | TRADE | BEARISH | 12/20/24 | $37.8 | $37.0 | $37.0 | $950.00 | $148.0K | 127 | 40 |
| NOW | PUT | SWEEP | BULLISH | 10/25/24 | $22.7 | $21.0 | $21.4 | $890.00 | $102.7K | 78 | 68 |
| NOW | PUT | SWEEP | NEUTRAL | 10/25/24 | $27.0 | $25.5 | $27.0 | $910.00 | $91.8K | 79 | 43 |
About ServiceNow
ServiceNow Inc offers software program options to construction and automate varied enterprise processes through a SaaS supply mannequin. The corporate primarily focuses on the IT perform for enterprise prospects. ServiceNow started with IT service administration, expanded inside the IT perform, and extra not too long ago directed its workflow automation logic to useful areas past IT, notably customer support, HR service supply, and safety operations. ServiceNow additionally gives an software growth platform as a service.
In mild of the current choices historical past for ServiceNow, it is now acceptable to give attention to the corporate itself. We intention to discover its present efficiency.
The place Is ServiceNow Standing Proper Now?
- Buying and selling quantity stands at 738,362, with NOW’s value down by -1.48%, positioned at $904.41.
- RSI indicators present the inventory to be could also be approaching overbought.
- Earnings announcement anticipated in 0 days.
Skilled Analyst Rankings for ServiceNow
5 market specialists have not too long ago issued rankings for this inventory, with a consensus goal value of $987.0.
Flip $1000 into $1270 in simply 20 days?
20-year professional choices dealer reveals his one-line chart method that exhibits when to purchase and promote. Copy his trades, which have had averaged a 27% revenue each 20 days. Click on right here for entry.
* An analyst from Morgan Stanley has revised its score downward to Equal-Weight, adjusting the worth goal to $960.
* An analyst from Wells Fargo has determined to take care of their Chubby score on ServiceNow, which at the moment sits at a value goal of $1025.
* An analyst from Evercore ISI Group has determined to take care of their Outperform score on ServiceNow, which at the moment sits at a value goal of $950.
* Sustaining their stance, an analyst from Mizuho continues to carry a Outperform score for ServiceNow, concentrating on a value of $980.
* An analyst from Oppenheimer has determined to take care of their Outperform score on ServiceNow, which at the moment sits at a value goal of $1020.
Choices buying and selling presents increased dangers and potential rewards. Astute merchants handle these dangers by frequently educating themselves, adapting their methods, monitoring a number of indicators, and holding an in depth eye on market actions. Keep knowledgeable in regards to the newest ServiceNow choices trades with real-time alerts from Benzinga Professional.
Market Information and Information dropped at you by Benzinga APIs
© 2024 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.
