Streetbeat News

Assets

CVS

Unusual options activity has been observed for CVS Health (NYSE:CVS), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 10 uncommon options trades, with 60% being bearish and 40% bullish. The targeted price range for CVS Health over the last 3 months is $50.0 to $95.0.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 5:16 pm

SPY

UNG

USO

The U.S. Baker Hughes gas rig count remained unchanged at 137, while the oil rig count decreased by 15 to 555 from last week.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 5:06 pm

ISRG

NVDA

UBOT

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares (UBOT) experienced a 3% increase in trading on Friday, following a strong rally in AI and tech stocks. UBOT is a double-leveraged fund that offers 2x daily leverage to bullish movements in the robotics, AI, and automation sector, with holdings in companies like NVIDIA Corporation (NVDA) and Intuitive Surgical, Inc (ISRG).

Portfolio Pulse from Melanie Schaffer

June 02, 2023 | 4:55 pm

FE

FirstEnergy's subsidiary, American Transmission Systems, has completed a $50 million transmission line upgradation project in eastern Ohio. The project will enhance service reliability, improve system resiliency, and adapt to rising electricity demand for Ohio Edison customers.

Portfolio Pulse from Lekha Gupta

June 02, 2023 | 4:46 pm

NEM

A large bearish position on Newmont (NYSE:NEM) has been observed, with 12 uncommon options trades spotted. The overall sentiment of these big-money traders is split between 41% bullish and 58% bearish. Whales have been targeting a price range from $35.0 to $47.5 for Newmont over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 4:45 pm

SPY

Fed-linked swaps indicate a 25 basis point rate hike fully priced in by the July meeting, according to Reuters. This may impact the SPY ETF.

Portfolio Pulse from Happy Mohamed

June 02, 2023 | 4:31 pm

DIS

A large bearish position on Walt Disney (NYSE:DIS) has been spotted on Benzinga's options scanner, with 14 uncommon options trades identified. The overall sentiment of these big-money traders is split between 42% bullish and 57% bearish, with whales targeting a price range of $70 to $100 for Walt Disney over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 4:16 pm

MRVL

Unusual options activity has been observed for Marvell Tech (NASDAQ:MRVL), with a large position indicating a bullish stance. Benzinga's options scanner spotted 15 uncommon options trades, with 60% bullish and 40% bearish sentiment. Whales have been targeting a price range of $30 to $65 for Marvell Tech over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 4:16 pm

BABA

A large bearish position on Alibaba Group Holding (NYSE:BABA) has been spotted, with 51 uncommon options trades identified. The sentiment of these big-money traders is split between 43% bullish and 56% bearish. Whales have been targeting a price range from $75.0 to $270.0 for Alibaba over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 4:15 pm

CRWD

Unusual options activity has been observed for CrowdStrike Holdings (NASDAQ:CRWD), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 29 uncommon options trades, with 37% bullish and 62% bearish sentiment. Whales have been targeting a price range of $90 to $165 for CRWD over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 4:01 pm