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APH

A large bearish position has been taken on Amphenol (NYSE:APH), as observed in publicly available options history. Benzinga's options scanner spotted 10 uncommon options trades for Amphenol, with 80% being bearish. Whales have been targeting a price range from $65.0 to $80.0 for Amphenol over the last 3 months. The price of APH is currently down -1.09% at $79.33. Truist Securities maintains their Buy rating on Amphenol with a price target of $97.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 6:32 pm

JPM

JPMorgan Chase & Co CEO and Chairman Jamie Dimon plans to sell a part of his stake in the company starting in 2024, according to a recent filing. The filing states that Dimon and his family plan to sell one million shares for financial diversification and tax-planning purposes. This would represent around 9% of Dimon's total ownership if fully vested. The shares are worth around $137 million as of Friday. This has sparked rumors that Dimon could be looking to retire from the bank.

Portfolio Pulse from Chris Katje

October 27, 2023 | 6:27 pm

A significant amount of unusual options activity has been observed for Estee Lauder Cos (NYSE:EL), indicating a bullish stance by a large investor or institution. The options trades are split 50% bullish and 50% bearish, with 5 puts and 7 calls. The price target for Estee Lauder Cos over the last 3 months has been between $100.0 to $170.0. The company's stock price is currently down by 4.34% at $128.4. Several financial institutions have maintained their ratings on Estee Lauder, with price targets ranging from $148 to $185.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 6:16 pm

A significant bearish stance has been taken on Deere (NYSE:DE) by a large investor or institution, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 27% bullish and 72% bearish. The whales have been targeting a price range from $270.0 to $410.0 for Deere over the last 3 months. The price of DE is currently up 1.19% at $373.95.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 6:01 pm

ETHUSD

A total of 5,251.58 Ether (ETH) worth $9,251,124 was burned from Ethereum transactions on Thursday. This follows the Ethereum blockchain's upgrade known as EIP-1159, which changed the fee model and burns a 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 -4.77% yesterday.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 6:00 pm

AAPL

AMD

ARM

CRWD

INTC

IONQ

MSFT

NVDA

ORCL

SMCI

The article reports on the options activity of 10 Information Technology stocks in today's session. The stocks mentioned are NVDA, AAPL, INTC, MSFT, ARM, AMD, SMCI, IONQ, ORCL, and CRWD. The article provides details on the type of trade, sentiment, expiration date, strike price, total trade price, open interest, and volume for each stock. The sentiment for NVDA, AAPL, and CRWD is bearish, while for INTC, MSFT, ARM, AMD, SMCI, and IONQ it is bullish. The sentiment for ORCL is neutral.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 5:35 pm

UNG

USO

The total count of U.S. oil and natural gas rigs has increased by one to 625 for the week ending October 27. This could potentially impact the prices of related ETFs such as UNG and USO.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 5:11 pm

HES

A significant amount of unusual options activity has been detected for Hess Corporation (NYSE:HES), with a majority of investors taking a bearish stance. Of the 20 strange trades detected, 55% were bearish and 45% bullish. The total amount for puts was $2,537,816 and for calls was $340,635. Whales have been targeting a price range from $60.0 to $170.0 for Hess over the last 3 months. The current price of HES is down -1.62% at $150.7.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 5:02 pm

BTCUSD

COIN

ETHUSD

LTCUSD

MARA

SJIM

SOLUSD

SPY

Jim Cramer, a television host known for his controversial takes on the stock market, had warned against investing in cryptocurrencies in December 2022. However, those who ignored his advice and invested in Bitcoin, Ethereum, Solana, Litecoin, and Coinbase Global would have seen significant returns over the last 10 months. An ETF that tracks Cramer's recommendations inversely, the Inverse Cramer Tracker ETF, was also launched earlier this year.

Portfolio Pulse from Chris Katje

October 27, 2023 | 4:55 pm

PSX

Phillips 66 (PSX) has announced plans to monetize non-core assets, with internally identified assets ready for sale. The announcement was made during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 4:48 pm