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Recent options trading activity indicates a bearish stance on Boeing (NYSE:BA) by significant investors, with a split of 40% bullish and 60% bearish sentiment. Benzinga's options scanner revealed 45 unusual trades, with puts outnumbering calls. The trading suggests a price range target of $135 to $300 for Boeing in the next three months. Analysis of volume and open interest for Boeing's options shows significant activity. Boeing's current stock price is down 0.81% at $168.18, with RSI indicators suggesting it may be approaching oversold territory. Analysts have set an average price target of $225, with ratings ranging from Neutral to Buy.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 5:46 pm

VLO

Valero Energy (NYSE:VLO) has seen unusual options activity, with a bearish sentiment dominating among significant investors. The options scanner revealed 8 trades, heavily skewed towards bearish positions with 75% bearish and 25% bullish sentiment. The largest trades include a mix of calls and puts, aiming for a price range of $135.0 to $185.0 for VLO over the next three months. This activity comes amidst a backdrop of Valero being one of the largest independent refiners in the US, with its stock price currently down by -1.78% at $170.45. Analysts have mixed ratings on VLO, with target prices ranging from $165 to $198.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 5:46 pm

BAC

CMA

COIN

HOOD

WFC

Today's session highlighted significant options activity for 8 financial stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions and can signal shifts in market sentiment. The stocks involved include HOOD, WFC, GL, BAC, GS, BX, CMA, and COIN, with various bullish, bearish, and neutral sentiments expressed through call and put options across different expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 5:35 pm

AMZN

BABA

BYON

CPRI

CVNA

DKNG

PDD

PSNY

RIVN

TSLA

Today's session highlighted significant options activity for 10 consumer discretionary stocks, indicating varied sentiments among traders. Notable movements include bearish put options for TSLA, PSNY, CVNA, and RIVN, and bullish call options for BABA and PDD. Other stocks like DKNG, BYON, CPRI, and AMZN also saw notable options trades, suggesting investors are actively speculating on these stocks' future movements based on market conditions and company performance.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 5:35 pm

ALAB

AMAT

AMD

BILL

CRM

NVDA

SMCI

SNOW

WDC

Today's session highlighted significant options activity in the Information Technology sector, with notable movements in stocks like AMD, NVDA, CRM, BILL, MU, SMCI, SNOW, ALAB, AMAT, and WDC. The activity ranged from bullish to neutral and bearish sentiments, involving both call and put options with various expiration dates and strike prices. This could indicate traders' expectations for these stocks' future movements.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 5:35 pm

PDD

PDD Holdings (NASDAQ:PDD) has seen a significant surge in options activity, with a bearish stance from big-money investors. Benzinga's options scanner revealed 24 unusual trades, showing a split sentiment of 45% bullish and 54% bearish. The trades target a price range of $100 to $210 for PDD over the next 3 months. Currently, PDD's stock is slightly down by -0.33%, trading at $115.12, with analysts maintaining a positive outlook, setting an average price target of $186.8.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 5:31 pm

$100 invested in Visa (NYSE:V) 15 years ago would now be worth $1,987.05, showcasing an average annual return of 21.53% and outperforming the market by 8.86% annually. Visa's current market capitalization stands at $553.43 billion.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 5:30 pm

CRM

DIA

QQQ

SCHW

SPY

TLT

TSLA

Wall Street experienced a mixed day with major indices showing varied performance after strong retail sales data and easing Middle East tensions. The iShares 20+ Year Treasury Bond ETF (TLT) dropped 1.8% due to a surge in bond yields. The SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average (DIA), and Invesco QQQ Trust (QQQ) saw slight movements. Tesla (TSLA) and Salesforce (CRM) stocks fell after company-specific news, while Goldman Sachs (GS) and Charles Schwab (SCHW) rose following positive earnings reports.

Portfolio Pulse from Piero Cingari

April 15, 2024 | 5:25 pm

BLK

Smart money investors have shown a significant bearish stance on BlackRock (NYSE:BLK), with options trading data revealing 75% bearish sentiment among high-value trades. A total of 16 unusual options trades were spotted, with puts outnumbering calls, indicating expectations of a price movement between $550 and $1030. BlackRock, the world's largest asset manager with $10.008 trillion in AUM, has seen its stock price slightly increase, with analysts giving mixed reviews and target prices ranging from $767 to $1025.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 5:16 pm

LMT

NOC

RTX

Members of Congress have been purchasing shares in defense companies such as Lockheed Martin, RTX Corp, Northrop Grumman, and General Dynamics amid escalating Middle East tensions. This activity raises concerns about potential conflicts of interest as the U.S. considers its response to recent attacks in the region. The trading activity, highlighted by Benzinga and Unusual Whales, includes transactions by Reps. Kevin Hern, Kathy Manning, Josh Gottheimer, and Sen. Markwayne Mullin, among others.

Portfolio Pulse from Chris Katje

April 15, 2024 | 5:09 pm