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HD

A whale has taken a bullish stance on Home Depot (NYSE:HD) with 54% of investors opening trades with bullish expectations and 45% with bearish. Whales have been targeting a price range of $250 to $375 for Home Depot over the last 3 months. The stock is currently down 0.76% at $293.69.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 5:17 pm

ALL

Allstate Corp has stopped selling new home, condo, and commercial insurance policies in California, citing worsening climate and higher building costs. This follows a similar decision by State Farm last week. The combined moves may lead more property owners to rely on the FAIR Plan.

Portfolio Pulse from Anusuya Lahiri

June 05, 2023 | 4:54 pm

UBER

Unusual options activity has been observed for Uber Technologies (NYSE:UBER), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 20 uncommon options trades, with 40% bullish and 60% bearish sentiment. Whales have been targeting a price range of $35.0 to $42.5 for Uber over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 4:46 pm

BLPH

CIR

CSTL

FRZA

GETY

MNK

TMBR

TZOO

U.S. stocks traded mixed with Nasdaq Composite gaining around 70 points on Monday. ISM Services PMI dropped to 50.3 in May from 51.9 in April. Communication services shares jumped by 1.3%, while industrials shares fell by 0.5%. Oil traded up 1.5% to $72.81, and gold traded up 0.4% at $1,976.50.

Portfolio Pulse from Lisa Levin

June 05, 2023 | 4:22 pm

DUST

FNV

GOLD

NEM

NUGT

Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) rose more than 1% on Tuesday, in line with spot gold, amid warnings of a possible recession. The ETF has been trading sideways since June 1, forming a double inside bar pattern on the daily chart, which leans bullish.

Portfolio Pulse from Melanie Schaffer

June 05, 2023 | 4:17 pm

BUD

Benzinga's options scanner detected over 13 options trades for Anheuser-Busch InBev (NYSE:BUD) totaling $514,234. Whales have been targeting a price range of $50 to $70 for the stock over the last 3 months. The price of BUD is down 0.52% at $54.56, and RSI indicators suggest it may be oversold.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 4:02 pm

INTU

A whale investor has taken a bearish stance on Intuit (NASDAQ:INTU), with 69% of detected trades being bearish and 30% bullish. The total amount for puts is $570,090, while calls amount to $178,756. Whales have been targeting a price range of $350 to $470 for Intuit over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:47 pm

BP

A whale investor has taken a bearish stance on BP (NYSE:BP), with 100% of detected trades having bearish expectations. Whales have been targeting a price range of $27.0 to $42.0 for BP over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:46 pm

F

A large investor has taken a bullish stance on Ford Motor (NYSE:F), with Benzinga's options scanner spotting 12 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 $10.0 to $15.0 for Ford Motor over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:17 pm

MU

A whale has taken a bearish stance on Micron Technology (NASDAQ:MU), with 60% of detected unusual options trades being bearish. The total amount for puts is $477,334, while calls amount to $432,216. Whales have been targeting a price range of $15 to $70 for Micron Technology over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:17 pm