Streetbeat News

Assets

WFC

A whale has taken a bullish stance on Wells Fargo (NYSE:WFC) with 55% of investors opening trades with bullish expectations and 44% with bearish. The total amount for puts is $376,501 and for calls is $558,948. Whales have been targeting a price range of $30.0 to $42.5 for Wells Fargo over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 7:46 pm

AXP

A large bearish position on American Express (NYSE:AXP) has been spotted, with 11 uncommon options trades identified. The sentiment of these big-money traders is split between 36% bullish and 63% bearish. Whales have been targeting a price range from $120 to $170 for American Express over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 7:01 pm

MEGL

Chen Sze Hon Johnson has reported a 25.9% stake in Magic Empire Global Limited (MEGL) according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 6:24 pm

ETHUSD

A total of 7,221.44 Ether (ETH) worth $13M was burned from Ethereum transactions on Sunday. 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 22, 2023 | 6:00 pm

FTTUSD

USDCUSD

Crypto trading platform Hotbit announced it will cease operations on May 22 due to worsening business environment, declining cash flow, and cybersecurity breaches. The fall of FTX (CRYPTO: FTT) and the USD Coin (CRYPTO: USDC) de-pegging event were cited as key factors.

Portfolio Pulse from Murtuza Merchant

May 22, 2023 | 5:40 pm

UBER

A whale has taken a bearish stance on Uber Technologies (NYSE: UBER), with 60% of detected unusual options trades being bearish. Whales have targeted a price range of $30 to $55 for Uber over the last 3 months. The stock is currently up 0.97% at $39.56, with RSI indicators suggesting it may be overbought.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 5:31 pm

LEN

A whale has taken a bearish stance on Lennar (NYSE:LEN), with 64% of detected unusual options trades being bearish. 11 puts amounting to $440,023 and 3 calls amounting to $237,753 were spotted. Whales have been targeting a price range of $110 to $130 for Lennar over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 5:31 pm

UNH

A whale has taken a bearish stance on UnitedHealth Group (NYSE:UNH), with 57% of recent unusual options activity being bearish. The total trade amounts are $186,311 for puts and $295,305 for calls, targeting a price range of $380 to $590 over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 5:16 pm

XOM

A whale investor has taken a bearish stance on Exxon Mobil (NYSE:XOM) with 16 unusual options trades detected. Of these, 62% have bearish expectations, with 10 puts totaling $576,315 and 6 calls totaling $474,282. The targeted price range for Exxon Mobil over the last 3 months is $90 to $130.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 5:06 pm

MS

A whale has taken a bearish stance on Morgan Stanley (NYSE:MS), with 60% of detected unusual options trades being bearish. The total amount for puts is $485,759, while calls amount to $210,246. Whales have been targeting a price range of $70.0 to $97.5 for Morgan Stanley over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 5:03 pm