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Assets

Unusual options activity has been observed for Procter & Gamble (NYSE:PG), with a large position indicating a bullish stance. The options scanner at Benzinga spotted 11 uncommon trades, with 63% bullish and 36% bearish sentiment. The whales have been targeting a price range from $150.0 to $160.0 for Procter & Gamble over the last 3 months. Deutsche Bank, Morgan Stanley, Citigroup, and RBC Capital have maintained their ratings and price targets for PG.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 7:45 pm

OPUSD

Optimism's (CRYPTO: OP) price rose 4.64% to $1.78 in the past 24 hours, continuing its positive trend over the past week with a 6.0% gain. The coin's all-time high is $3.22. The trading volume for the coin has decreased 52.0% over the past week, while the overall circulating supply of the coin has increased 4.95% to over 716.71 million. The current market cap ranking for OP is #41 at $1.28 billion.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 7:00 pm

UBER

A significant amount of unusual options activity has been observed for Uber Technologies (NYSE:UBER), with a mix of bullish and bearish expectations. Of the 22 strange trades detected, 5 were puts amounting to $1,957,926 and 17 were calls amounting to $1,009,387. Whales have been targeting a price range from $30.0 to $60.0 for Uber over the last 3 months. Several financial institutions have maintained their positive ratings on Uber, with price targets ranging from $51 to $60.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 6:45 pm

PARA

An option alert has been issued for Paramount Global, with 1250 calls at the ask price of $1.81 for January 19th, $17.5. This is compared to an open interest of 11740. The company's earnings will be announced after close on August 7th. The reference price is $16.005.

Portfolio Pulse from Charles Gross

August 07, 2023 | 6:22 pm

ETHUSD

On Sunday, 3,087.63 Ether (ETH) worth $5,592,687 was burned from Ethereum transactions. 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 yesterday was -1.68%.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 6:00 pm

IKNA

Ikena Oncology Inc (NASDAQ:IKNA) has acquired Pionyr Immunotherapeutics Inc in an all-stock transaction. The deal includes all of Pionyr's assets, including approximately $43 million in net cash, in exchange for shares of IKNA stock. The transaction strengthens Ikena's financial position and allows it to advance its oncology programs. Analysts from William Blair and HC Wainwright view the acquisition positively.

Portfolio Pulse from Vandana Singh

August 07, 2023 | 5:40 pm

CVS

There has been a significant purchase of CVS Health's October 20 $75 call options. A total of 2500 contracts were bought at the ask price of $2.63, compared to the open interest of 366 contracts. The reference price for CVS Health is $73.565.

Portfolio Pulse from Charles Gross

August 07, 2023 | 5:38 pm

ALLK

AMGN

AVDL

CVS

HIMS

HZNP

JNJ

NVAX

PFE

TNDM

Benzinga's options activity scanner has identified unusual options activity in the Health Care sector. The stocks involved are Pfizer (PFE), Hims & Hers Health (HIMS), Johnson & Johnson (JNJ), Allakos (ALLK), Horizon Therapeutics (HZNP), Novavax (NVAX), CVS Health (CVS), Avadel Pharmaceuticals (AVDL), Tandem Diabetes Care (TNDM), and Amgen (AMGN). The options activity ranges from neutral to bullish, with one bearish sentiment observed for TNDM.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 5:35 pm

AAP

CHWY

MBLY

PLNT

RIVN

RRR

SKX

TOL

TSLA

Benzinga's options activity scanner has identified significant trading activity in the options of 10 consumer discretionary stocks. The stocks include Tesla (TSLA), Chewy (CHWY), Planet Fitness (PLNT), Red Rock Resorts (RRR), Toll Brothers (TOL), Rivian (RIVN), Li Auto (LI), Mobileye (MBLY), Advance Auto Parts (AAP), and Skechers (SKX). The options activity, which includes both call and put options, indicates varying levels of bullish and bearish sentiment among traders.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 5:35 pm

AAPL

AMD

DDOG

ENPH

MARA

MSFT

NVDA

PLTR

RIOT

Benzinga's options activity scanner has identified significant options activity in the Information Technology sector. The stocks involved are Apple (AAPL), Palantir Technologies (PLTR), NVIDIA (NVDA), Marathon Digital Holdings (MARA), Riot Blockchain (RIOT), Microsoft (MSFT), Zoom Video Communications (ZM), Advanced Micro Devices (AMD), Enphase Energy (ENPH), and Datadog (DDOG). The options activity ranges from bearish to bullish and neutral sentiments.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 5:35 pm