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Synopsys Options Trading: A Deep Dive Into Market Sentiment

Benzinga ·  May 24 01:01

Deep-pocketed investors have adopted a bullish approach towards Synopsys (NASDAQ:SNPS), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in SNPS usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 18 extraordinary options activities for Synopsys. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 50% leaning bullish and 22% bearish. Among these...

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