Smart Money Is Betting Big In AXON Options - Axon Enterprise (NASDAQ:AXON)

Core Insights - Investors with significant capital have adopted a bearish outlook on Axon Enterprise (NASDAQ:AXON) as indicated by recent options trading activity [1][2] - The overall sentiment among large investors is 27% bullish and 54% bearish, suggesting a cautious approach towards the stock [3] Options Trading Activity - Benzinga's options scanner identified 11 unusual options trades for Axon Enterprise, with a total of $217,450 in puts and $939,418 in calls [2][3] - The significant investors are targeting a price range of $390.0 to $690.0 for Axon Enterprise over the past three months based on trading activity [4] Volume and Open Interest - The mean open interest for Axon Enterprise options trades is 106.88, with a total volume of 92.00, indicating a moderate level of trading activity [5] Recent Market Performance - The stock price of AXON is currently at $605.33, reflecting an increase of 1.87% with a trading volume of 277,444 [14] - The next earnings report for Axon Enterprise is scheduled for 64 days from now, which may influence future trading activity [14] Analyst Ratings - A total of 1 professional analyst has set an average price target of $713.0 for Axon Enterprise, maintaining an Overweight rating [11][12]