Streetbeat News

Assets

A significant amount of bearish options activity has been observed for Home Depot (NYSE:HD), with 70% of investors opening trades with bearish expectations. The majority of the trades are puts, totaling $799,155, compared to calls totaling $51,646. Whales have been targeting a price range from $280.0 to $375.0 for Home Depot over the last 3 months. The current price of HD is $287.04, up 0.09%. Analysts from Truist Securities, HSBC, and Telsey Advisory Group have maintained their ratings on Home Depot, with price targets of $341, $365, and $330 respectively.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 6:00 pm

HES

Hess (NYSE:HES) has outperformed the market over the past 5 years by 12.43% on an annualized basis, producing an average annual return of 21.6%. If an investor had bought $1000 of HES stock 5 years ago, it would be worth $2,595.41 today.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 6:00 pm

Sea (NYSE:SE) has outperformed the market over the past 5 years, producing an average annual return of 27.83%. If an investor had bought $100 of SE stock 5 years ago, it would be worth $339.77 today.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 6:00 pm

ETHUSD

A total of 2,041.98 Ether (ETH) worth $3,287,042 was burned from Ethereum transactions on Thursday. This follows the implementation of the Ethereum improvement proposal EIP-1159 in August 2021, which changed the fee model and burns a variable base fee from each transaction. Ethereum is currently issuing new Ether at a rate of 4% per year, expected to decrease to around 0.5-1% with the Ethereum 2.0 upgrade. The net annualized issuance rate for Ether was 0.59% yesterday.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 6:00 pm

ABNB

ANF

LEN

MNRO

RIVN

TSLA

VSCO

Benzinga's options activity scanner has identified significant options activity in the Consumer Discretionary sector. Notable trades include bullish call options for Tesla (TSLA) and General Motors (GM), bearish call options for Victoria's Secret (VSCO) and Airbnb (ABNB), and bearish put options for Lennar Corporation (LEN), Monro (MNRO), and Abercrombie & Fitch (ANF). Neutral sentiment was observed for Wayfair (W) and Rivian (RIVN).

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 5:35 pm

AAL

BWXT

CAT

CHPT

CHRW

IEP

JCI

LMT

NOC

The article reports on the options activity of 10 industrial stocks, including AAL, CHPT, CAT, BA, BWXT, CHRW, IEP, JCI, NOC, and LMT. The options activity is tracked by Benzinga's options activity scanner, which monitors the transactions of entities with large sums of money, known as 'whales'. The article provides detailed information on the type of options activity (put/call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume for each stock.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 5:35 pm

CMG

Unusual options activity has been observed for Chipotle Mexican Grill (NYSE:CMG), with 17 uncommon trades spotted. The sentiment among these big-money traders is split between 52% bullish and 47% bearish. The trades include 12 puts amounting to $516,288 and 5 calls amounting to $204,000. The targeted price range for CMG over the last 3 months is from $1380.0 to $2200.0. Analysts from Oppenheimer, Wedbush, Stephens & Co., Deutsche Bank, and Raymond James have given their ratings and price targets for CMG.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 5:30 pm

NOW

ServiceNow (NYSE:NOW) has seen unusual options activity, with a mix of bullish and bearish trades. Whales have been targeting a price range from $460.0 to $690.0 for ServiceNow over the last 3 months. The company's stock price is currently down by 2.79% at $544.36. Analysts from Citigroup, Stifel, JMP Securities, Guggenheim, and Needham have given varied price targets for the stock.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 5:30 pm

KKR

KKR & Co (NYSE:KKR) has outperformed the market over the past 5 years, producing an average annual return of 18.94%. If an investor had bought $1000 of KKR stock 5 years ago, it would be worth $2,304.89 today. The company currently has a market capitalization of $47.27 billion.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 5:30 pm

NDAQ

Over the past 10 years, Nasdaq (NASDAQ:NDAQ) has outperformed the market by 6.41% on an annualized basis, producing an average annual return of 15.64%. If an investor had bought $100 of NDAQ stock 10 years ago, it would be worth $428.92 today.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 5:30 pm