Holy Cow, A lot of Big Option Purchases Coming In!

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First price target for January is $90 and it could happen soon.

Be careful as spike downs tend to have a lower low formed prior to reversal, this would create bullish divergence on RSI, MACD and more which is another to double down.

Options chain for calls expiring 1/10/2025 show the $90 strike has 1,522 calls bought on Friday at .87 per contract.

Not huge, bot overall the bias on NVO is buy the dip. long term target of well over 100
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lets see the reaction on $86 and go from there
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