ServiceNow falls amid large bearish options bet

|About: ServiceNow (NOW)|By:, SA News Editor

optionMONSTER observes a trader bought 4K ServiceNow (NOW -4.9%) April 60 puts this morning at a price of $1.50, and sold 4K March 65 puts at a price of $0.90. ServiceNow's daily average options volume is just 1,184.

Shares are at their lowest levels since March 6. They're still up over 70% over the last 12 months.