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AAPL

GLD

GOOG

IWM

JPM

MSFT

QQQ

SPY

TLT

WFC

The article discusses potential strategies for traders to profit from the Fitch downgrade of US bonds, similar to the 2011 downgrade by Standard & Poor's. It suggests shorting SPY, QQQ, and IWM, buying puts, and trading volatility. It also mentions that stocks like AAPL, GOOG, JPM, WFC, and MSFT fell significantly after the 2011 downgrade. The article suggests that TLT, GLD, and VIX could be profitable trades in the current scenario.

Portfolio Pulse from Sandra Stone

August 04, 2023 | 11:53 am

ENLC

TSLA

VWAGY

XOM

Exxon Mobil Corporation is in the news for several reasons. EnLink Midstream has published its 2022 Sustainability Report, which is relevant to Exxon's environmental risk. ExxonMobil is in early-stage discussions with major carmakers Tesla, Ford, and Volkswagen regarding lithium supply chains for electric vehicle batteries. The company recently purchased drilling rights in Arkansas, a region believed to have significant lithium deposits. A recent report provides a comprehensive overview of the lubricants market, where Exxon Mobil Corporation is a major player.

Portfolio Pulse from Mohit Manghnani

August 04, 2023 | 11:53 am

AAPL

INTC

IOT

MTSI

NVDA

PANW

PLTR

QCOM

TER

The article reports on the options activity of 10 Information Technology stocks, including NVDA, AAPL, IOT, PLTR, INTC, MTSI, TER, PANW, QCOM, and ZM. 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 of the mentioned stocks.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:52 am

BKNG

CVNA

CZR

DASH

LULU

NIO

RIVN

SBUX

TSLA

Benzinga's options activity scanner has identified unusual trading activity in 10 consumer discretionary stocks. The stocks include Tesla (TSLA), Carvana (CVNA), Rivian (RIVN), Starbucks (SBUX), NIO Inc. (NIO), DoorDash (DASH), Caesars Entertainment (CZR), Goodyear Tire & Rubber (GT), Booking Holdings (BKNG), and Lululemon Athletica (LULU). The article provides detailed information about the options activity, including the type of option (put or call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:51 am

AAL

AMSC

CAT

GNRC

PAYC

RTX

SPR

SPWR

UPS

The article reports on significant options activity in the Industrials sector. Ten companies are highlighted: SPWR, CAT, AAL, AMSC, SPR, UPS, BA, PAYC, RTX, and GNRC. Most of the options trades are bearish, indicating a potential decrease in the stock prices of these companies. However, PAYC and GNRC have bullish trades, suggesting a potential increase in their stock prices.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:51 am

IBM

Unusual options activity has been observed for IBM, with a bearish stance taken by a large investor. Benzinga's options scanner spotted 11 options trades for IBM, with sentiment split between 36% bullish and 63% bearish. Whales have been targeting a price range from $120.0 to $145.0 for IBM over the last 3 months. The price of IBM is up 0.53% at $144.09, with RSI indicators suggesting the stock may be overbought. Analysts have mixed ratings on IBM, with price targets ranging from $135 to $160.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:50 am

A significant amount of unusual options activity has been observed for Procter & Gamble (NYSE:PG), with a bearish stance taken by a 'whale' investor. Of the 27 strange trades detected, 48% were bullish and 51% were bearish. The total amount for puts was $811,975 and for calls was $2,419,675. Whales have been targeting a price range from $115.0 to $165.0 for Procter & Gamble over the last 3 months. The current price of PG is up 0.69% at $157.34. Citigroup, B of A Securities, Morgan Stanley, and Wells Fargo have all given price targets above the current price.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:50 am

SHW

Sherwin-Williams's (NYSE:SHW) short percent of float has risen 10.43% since its last report, with 3.02 million shares sold short, which is 1.27% of all regular shares available for trading. It would take traders 2.68 days to cover their short positions on average. The company has less short interest than most of its peers, with the average for its peer group being 3.75%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 11:49 am

RIVN

Rivian Automotive has seen a significant option alert for October 20 $35 calls, with 2320 contracts traded near the ask price at $1.3, compared to an open interest of 2758 contracts. The company is set to announce its earnings on August 8, after market close. The reference price is $25.5.

Portfolio Pulse from Charles Gross

August 04, 2023 | 11:49 am

BIG

Traders are circulating rumors of a 27% short interest in Big Lots, which is causing an increase in trading volume for the company's shares.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 11:48 am