Deep-pocketed buyers have adopted a bearish strategy in the direction of ServiceNow NOW, and it is one thing market gamers should not ignore. Our monitoring of public choices data at Benzinga unveiled this vital transfer at this time. The identification of those buyers stays unknown, however such a considerable transfer in NOW normally suggests one thing huge is about to occur.
We gleaned this info from our observations at this time when Benzinga’s choices scanner highlighted 36 extraordinary choices actions for ServiceNow. This stage of exercise is out of the bizarre.
The overall temper amongst these heavyweight buyers is split, with 33% leaning bullish and 44% bearish. Amongst these notable choices, 7 are places, totaling $749,704, and 29 are calls, amounting to $1,810,506.
Predicted Value Vary
Primarily based on the buying and selling exercise, it seems that the numerous buyers are aiming for a worth territory stretching from $550.0 to $1200.0 for ServiceNow over the latest three months.
Analyzing Quantity & Open Curiosity
By way of liquidity and curiosity, the imply open curiosity for ServiceNow choices trades at this time is 105.67 with a complete quantity of 665.00.
Within the following chart, we’re capable of observe the event of quantity and open curiosity of name and put choices for ServiceNow’s huge cash trades inside a strike worth vary of $550.0 to $1200.0 over the past 30 days.
ServiceNow 30-Day Choice Quantity & Curiosity Snapshot
Largest Choices Noticed:
| Image | PUT/CALL | Commerce Sort | Sentiment | Exp. Date | Ask | Bid | Value | Strike Value | Whole Commerce Value | Open Curiosity | Quantity |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NOW | CALL | SWEEP | BULLISH | 07/25/25 | $150.0 | $142.0 | $147.99 | $875.00 | $694.4K | 1 | 47 |
| NOW | PUT | SWEEP | NEUTRAL | 11/21/25 | $91.0 | $89.2 | $91.0 | $1040.00 | $546.0K | 33 | 60 |
| NOW | CALL | TRADE | BEARISH | 08/15/25 | $97.7 | $94.7 | $94.75 | $960.00 | $113.7K | 302 | 12 |
| NOW | CALL | TRADE | BEARISH | 07/18/25 | $16.0 | $15.0 | $15.0 | $1025.00 | $75.0K | 183 | 135 |
| NOW | CALL | TRADE | NEUTRAL | 07/18/25 | $17.0 | $15.0 | $16.02 | $1025.00 | $64.0K | 183 | 175 |
About ServiceNow
ServiceNow Inc gives software program options to construction and automate numerous enterprise processes by way of a SaaS supply mannequin. The corporate primarily focuses on the IT operate for enterprise prospects. ServiceNow started with IT service administration, expanded inside the IT operate, and extra not too long ago directed its workflow automation logic to practical areas past IT, notably customer support, HR service supply, and safety operations. ServiceNow additionally gives an software improvement platform as a service.
ServiceNow’s Present Market Standing
- At the moment buying and selling with a quantity of 522,746, the NOW’s worth is down by -2.18%, now at $1012.43.
- RSI readings counsel the inventory is at present is at present impartial between overbought and oversold.
- Anticipated earnings launch is in 15 days.
What The Consultants Say On ServiceNow
Within the final month, 4 consultants launched scores on this inventory with a mean goal worth of $1003.5.
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* Sustaining their stance, an analyst from Morgan Stanley continues to carry a Equal-Weight ranking for ServiceNow, concentrating on a worth of $1040.
* Constant of their analysis, an analyst from Mizuho retains a Outperform ranking on ServiceNow with a goal worth of $1100.
* An analyst from DA Davidson downgraded its motion to Purchase with a worth goal of $1150.
* An analyst from Guggenheim downgraded its motion to Promote with a worth goal of $724.
Choices buying and selling presents larger dangers and potential rewards. Astute merchants handle these dangers by regularly educating themselves, adapting their methods, monitoring a number of indicators, and maintaining an in depth eye on market actions. Keep knowledgeable in regards to the newest ServiceNow choices trades with real-time alerts from Benzinga Professional.
