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WFC

A whale has taken a bullish stance on Wells Fargo (NYSE:WFC) with 14 unusual options trades detected. 50% of investors opened trades with bullish expectations and 50% with bearish. Whales have been targeting a price range of $35 to $45 for Wells Fargo over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 3:31 pm

ADBE

Unusual options activity has been observed in Adobe (NASDAQ:ADBE), with 80% bullish and 20% bearish sentiment. Whales have been targeting a price range of $300 to $500 for Adobe over the last 3 months. Adobe's stock price is up 0.59% at $436.72, and RSI indicators suggest it may be overbought.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 3:30 pm

PYPL

A recent analysis of PayPal Holdings' (NASDAQ:PYPL) unusual options activity reveals a bearish stance by a whale investor. Of the 12 strange trades detected, 41% were bullish and 58% were bearish. The total trade amounts were $541,980 for puts and $563,901 for calls. Whales have been targeting a price range of $50.0 to $72.5 for PayPal over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 3:16 pm

AIRC

Apartment Income REIT Corp (AIRC) has formed two joint ventures with real estate investors to recapitalize 11 properties valued at $1.2 billion. AIRC will hold a 53% stake in the first JV and a 30% stake in the second. The company will receive $600 million in proceeds and anticipates annual margins of $2.5 million from asset and property management fees.

Portfolio Pulse from Akanksha Bakshi

June 06, 2023 | 3:07 pm

PANW

Unusual options activity has been observed for Palo Alto Networks (NASDAQ:PANW), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 15 uncommon options trades, with 66% being bearish and 33% bullish. The targeted price range for PANW over the last 3 months is $133.33 to $260.0.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 3:03 pm

CYBN

IXHL

PSIL

REUN

Cybin Inc. (NYSE:CYBN) has entered into a common share purchase agreement with institutional investor Lincoln Park Capital Fund for the sale of up to $30 million of its common shares. Reunion Neuroscience (NASDAQ:REUN) is set to enter an acquisition agreement with MPM BioImpact for $13.1 million. Incannex Healthcare (NASDAQ:IXHL) adds psychedelics experts to its new Australian clinical venture. AdvisorShares Psychedelics ETF (NYSE:PSIL) shows a consistent upward trend.

Portfolio Pulse from Lara Goldstein

June 06, 2023 | 2:57 pm

BA

Unusual options activity has been observed for Boeing (NYSE:BA), with 15 uncommon options trades spotted, 66% bullish and 33% bearish. Whales have been targeting a price range of $195 to $230 for Boeing over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 2:31 pm

INTC

Unusual options activity has been observed for Intel (NASDAQ:INTC), with 14 uncommon options trades spotted. The sentiment is split between 50% bullish and 50% bearish, with a price target range of $27.0 to $40.0 for Intel over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 2:16 pm

PLTR

A large investor has taken a bullish stance on Palantir Technologies (NYSE:PLTR), with Benzinga's options scanner spotting 10 uncommon options trades. The sentiment of these big-money traders is split 50% bullish and 50% bearish. Whales have been targeting a price range of $5.0 to $30.0 for Palantir Technologies over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 2:02 pm

AMD

Unusual options activity has been observed for Advanced Micro Devices (NASDAQ:AMD), with 13 options trades spotted, 76% bullish and 23% bearish. Whales have been targeting a price range of $90 to $150 for AMD over the last 3 months. The stock is currently up 0.2% at $118.17.

Portfolio Pulse from Benzinga Insights

June 06, 2023 | 1:46 pm