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GOOGL

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Benzinga's options activity scanner has identified significant options activity in nine communication services stocks. The stocks include Meta Platforms (META), Snap Inc. (SNAP), Netflix Inc. (NFLX), Telephone and Data Systems Inc. (TDS), Alphabet Inc. (GOOGL and GOOG), Charter Communications Inc. (CHTR), Roblox Corporation (RBLX), and Comcast Corporation (CMCSA). The options activity ranges from bullish call options to bearish put options, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 5:35 pm

AAPL

AMD

MSFT

MSTR

NVDA

PLTR

RIOT

TSM

VMW

Benzinga's options activity scanner has identified significant options activity in 10 Information Technology stocks. The stocks include AAPL, NVDA, MSFT, RIOT, TSM, PLTR, MU, VMW, AMD, and MSTR. The options activity includes both put and call options, with varying sentiments of bullish and bearish. The expiration dates of these options range from October 20, 2023, to January 19, 2024.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 5:35 pm

BTCUSD

PYPL

PZZA

The article discusses the history of Bitcoin (BTC) since its inception in 2009 by Satoshi Nakamoto. It highlights key events such as the first-ever recognized Bitcoin transaction on PayPal Holdings Inc (NASDAQ:PYPL) and the famous Bitcoin-pizza transaction involving Papa John’s International Inc (NASDAQ:PZZA). The article also provides hypothetical scenarios of the returns if one had invested $1,000 in Bitcoin during these early transactions. It concludes with the current market capitalization of Bitcoin, which is over $500 billion.

Portfolio Pulse from Chris Katje

October 16, 2023 | 5:33 pm

NOW

ServiceNow (NYSE:NOW) has seen unusual options activity, with a mix of bullish and bearish trades. The majority of the trades are puts, with a total amount of $391,905, and the remaining are calls, amounting to $129,660. Whales have been targeting a price range from $400.0 to $610.0 for ServiceNow over the last 3 months. Stifel and JMP Securities have downgraded their actions to Buy and Market Outperform respectively, with price targets of $640 and $665.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 5:31 pm

MCO

Moody's (NYSE:MCO) has outperformed the market over the past 15 years, producing an average annual return of 18.84%. If an investor had bought $100 of MCO stock 15 years ago, it would be worth $1,233.49 today.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 5:30 pm

ORCL

Over the past 10 years, Oracle (NYSE:ORCL) has outperformed the market by 3.17% on an annualized basis, producing an average annual return of 12.72%. If an investor had bought $100 of ORCL stock 10 years ago, it would be worth $330.68 today.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 5:30 pm

CME

XFIV

XTEN

XTWO

XTWY

Economists are increasingly optimistic about the U.S. economy, with a lowered recession probability forecast for the next year. They believe that the Federal Reserve has concluded its current cycle of interest rate hikes. Economists also predict improvements in inflation and lower Treasury yields. This could impact Treasury ETFs, which move inversely to yields. The performance of ETFs such as BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSE:XTWO), BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSE:XFIV), BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSE:XTEN), and BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSE:XTWY) could be affected by these yield changes.

Portfolio Pulse from Piero Cingari

October 16, 2023 | 5:23 pm

LTCUSD

Litecoin (LTC) experienced volatility, trading higher by as much as 6% to $65.51 during Monday's session, amid false rumors of the iShares Bitcoin Spot ETF receiving approval. BlackRock denied the false information, stating that their Bitcoin ETF application is still under review. The false rumors can lead to increased trading activity and investment in Litecoin due to its perceived connection with Bitcoin.

Portfolio Pulse from Henry Khederian

October 16, 2023 | 5:22 pm

A significant amount of unusual options activity has been detected for Block (NYSE:SQ), with a majority of investors taking a bullish stance. Of the 23 strange trades detected, 56% were bullish and 43% were bearish. The total amount for puts was $757,051 and for calls was $379,232. Whales have been targeting a price range from $27.5 to $75.0 for Block over the last 3 months. The price of SQ is currently up 3.82% at $44.82.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 5:16 pm

BABA

A significant amount of unusual options activity has been observed for Alibaba Group Holding (NYSE:BABA), with a majority of investors taking a bearish stance. Of the 45 unusual trades detected, 64% were bearish and 35% bullish. The total amount for puts was $1,720,836 and for calls was $898,806. Whales have been targeting a price range from $75.0 to $180.0 for Alibaba over the last 3 months. The current price of BABA is up 0.94% at $84.81. Benchmark has downgraded its action to Buy with a price target of $180.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 5:16 pm