Amgen Options Market Dynamics: Whale Activity Suggests Bullish Sentiment
AI Summary1 min read
TL;DR
Whale investors show strong bullish sentiment on Amgen via options trades, with 75% of major traders betting on price gains from $290 to $400. This signals potential upward movement for the biotech leader.
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Amgen
High-rolling investors have positioned themselves bullish on Amgen (NASDAQ:AMGN) through significant options trades, signaling potential price movements from $290.0 to $400.0. The activity is notable, with 75% of major traders being bullish and only one put trade. Amgen is a biotechnology leader with a portfolio of drugs for various diseases, including cancer, inflammatory diseases, and rare diseases.
