Streetbeat News

Assets

CRWD

Unusual options activity has been observed for CrowdStrike Holdings (NASDAQ:CRWD), with 146 uncommon options trades spotted, split between 41% bullish and 58% bearish. Whales have been targeting a price range of $50 to $250 for CRWD over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 6:46 pm

PYPL

Unusual options activity has been detected for PayPal Holdings (NASDAQ:PYPL), with a whale taking a bearish stance. 42% of the investors opened trades with bullish expectations and 57% with bearish. Whales have been targeting a price range from $47.5 to $90.0 for PayPal over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 6:31 pm

DHI

A large bearish position on D.R. Horton (NYSE:DHI) has been spotted, with 23 options trades identified, 22 of which are puts totaling $850,331 and 1 call totaling $45,160. Whales have been targeting a price range of $65 to $115 for D.R. Horton over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 6:16 pm

ETHUSD

A total of 7,796.31 Ether (ETH) worth $14M was burned from Ethereum transactions on Monday. This follows the implementation of the EIP-1159 upgrade on August 5th, which changed the fee model and introduced a variable base fee that is burned, lowering the supply of Ether.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 6:00 pm

MRVL

A whale has taken a bearish stance on Marvell Tech (NASDAQ: MRVL) with 67% of detected unusual options trades being bearish. Whales have been targeting a price range of $40 to $75 for Marvell Tech over the last 3 months. The stock is currently down 2.9% at $63.61.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:45 pm

SPY

Richmond Fed President Barkin stated that corporate real estate stress is concentrated in B and C quality office buildings in downtown areas, rather than the entire sector.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 5:44 pm

ABBV

A whale has taken a bearish stance on AbbVie (NYSE:ABBV), with 58% of detected unusual options trades being bearish. Whales have been targeting a price range of $70 to $155 for AbbVie over the last 3 months. The stock is currently down 0.79% at $136.47, and RSI indicators suggest it may be oversold.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:15 pm

DDOG

A whale has taken a bearish stance on Datadog (NASDAQ:DDOG), with 57% of recent unusual options activity being bearish. Of the 14 strange trades detected, 9 are puts totaling $1,160,133 and 5 are calls totaling $207,124. Whales have been targeting a price range of $80 to $120 for Datadog over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 5:04 pm

IEP

Carl Icahn sought to reorganize Icahn Enterprises before a critical short-seller report by Hindenburg Research, which led to a 60% drop in the company's stock price. The reorganization plans are now on hold due to pressure from shareholders and prosecutors.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 4:54 pm

XLE

XLF

In a conversation with Tornado, cross-asset strategist John Normand shares his three-stage process for applying macro to investing, emphasizing the importance of understanding the macro economy and its impact on company fundamentals. He also highlights the significance of monitoring the Fed's decisions and the monthly ISM survey as key macro indicators.

Portfolio Pulse from Tornado

May 30, 2023 | 4:22 pm