Financial giants have made a conspicuous bullish move on ServiceNow. Our analysis of options history for ServiceNow (NYSE:NOW) revealed 21 unusual trades.

Delving into the details, we found 38% of traders were bullish, while 28% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $291,605, and 16 were calls, valued at $1,797,618.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $350.0 to $1030.0 for ServiceNow over the recent three months.

Volume & Open Interest Trends

In today's trading context, the average open interest for options of ServiceNow stands at 102.29, with a total volume reaching 599.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in ServiceNow, situated within the strike price corridor from $350.0 to $1030.0, throughout the last 30 days.

ServiceNow 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

About ServiceNow

Current Position of ServiceNow

• Currently trading with a volume of 344,302, the NOW's price is up by 1.04%, now at $953.21.
• RSI readings suggest the stock is currently may be approaching overbought.
• Anticipated earnings release is in 79 days.

Expert Opinions on ServiceNow

In the last month, 5 experts released ratings on this stock with an average target price of $984.0.

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