Streetbeat News

Order Imbalances

KLAC

Deep-pocketed investors have shown a bullish stance towards KLA (NASDAQ:KLAC) with significant options activity detected. The options scanner highlighted 8 unusual trades, with a majority being calls. The price range focus is between $470.0 and $860.0. KLA's current trading volume is 257,165, with a slight price increase to $828.0. Analysts have mixed ratings with target prices ranging from $765 to $875.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 7:31 pm

CSCO

Recent options trading activity for Cisco Systems (NASDAQ:CSCO) shows a predominantly bearish sentiment among large investors, with 75% of trades being puts. This suggests potential downward pressure on the stock price. The trading volume and open interest indicate a focus on a price range between $42.5 and $55.0.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 5:16 pm

UPS

High-rolling investors have shown a bearish sentiment towards United Parcel Service (NYSE:UPS) through significant options activity. Benzinga's options scanner identified 9 trades, with a mix of bullish and bearish sentiments. The stock is currently down 1.31% at $134.64, and analysts have an average target price of $156.0.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 5:01 pm

GFI

Deep-pocketed investors have shown unusual options activity in Gold Fields (NYSE:GFI), with a bearish sentiment prevailing. The options activity includes significant trades with a focus on a price range of $12.0 to $15.0. The stock is currently down 11.74% at $13.98, and analysts have set a target price of $18.0.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 4:46 pm

STX

Seagate Tech Hldgs (NYSE:STX) has seen a 4.43% increase in its short percent of float, now at 6.6% of all regular shares available for trading. This is higher than the peer group average of 5.98%. It would take traders 4.76 days to cover their short positions on average.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 4:30 pm

ZM

Recent options trading trends indicate a bearish sentiment among wealthy investors towards Zoom Video Comms (NASDAQ:ZM). Benzinga's options scanner detected 10 significant trades, with 7 puts and 3 calls, suggesting a price target range of $55.0 to $65.0. The stock is currently trading at $58.8, down by 2.85%. Analysts have mixed ratings, with a consensus target price of $75.4.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 4:01 pm

AMAT

Deep-pocketed investors have shown significant options activity in Applied Materials (NASDAQ:AMAT), with a mix of bullish and bearish sentiments. The stock is currently neutral with a slight decline, and analysts have mixed ratings with price targets ranging from $185 to $250.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 3:30 pm

CLSK

High-rolling investors have shown a bearish sentiment towards Cleanspark (NASDAQ:CLSK) through significant options trades. The sentiment is split with 36% bullish and 45% bearish. The stock is currently trading at $17.08, down by 0.99%. Analysts have mixed ratings with a consensus target price of $19.75.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 3:16 pm

CHE

Chemed's (NYSE:CHE) short interest has risen by 15.52%, with 350,000 shares sold short, representing 2.68% of its float. This increase in short interest could indicate bearish sentiment among investors. However, Chemed's short interest is still lower than the peer group average of 10.76%.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 2:45 pm

AFRM

Affirm Holdings (AFRM) saw a significant option activity with a sweep of 803 contracts for the July 19 $50 calls at $0.45, which is above the ask price. This indicates a bullish sentiment among traders, as the current stock price is $36.04.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:44 pm