Whales with a lot of money to spend have taken a noticeably bearish stance onAmgen.

Looking at options history for Amgen (NASDAQ:AMGN) we detected 28 trades.

If we consider the specifics of each trade, it is accurate to state that 42% of the investors opened trades with bullish expectations and 46% with bearish.

From the overall spotted trades, 16 are puts, for a total amount of $2,256,910 and 12, calls, for a total amount of $503,085.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $185.0 to $380.0 for Amgen over the recent three...