Streetbeat News

Order Imbalances

OXY

Investors have taken a bullish stance on Occidental Petroleum (NYSE:OXY) as Benzinga's options scanner detected 8 uncommon options trades. The sentiment is split with 50% bullish and 25% bearish. The price range eyed by big players is between $60.0 to $75.0. Analysts have mixed ratings with an average target price of $69.8.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 8:46 pm

BIG

Big Lots (NYSE:BIG) has seen a 13.11% decrease in its short percent of float, now at 23.2%. This indicates a shift in market sentiment, with fewer shares being shorted. It would take traders 3.4 days to cover their short positions. Compared to its peers, Big Lots has a higher short interest percentage.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 7:45 pm

AGNC

BAC

BX

C

COIN

GS

JPM

LU

SQ

V

The article highlights significant options activity for several financial stocks, indicating potential trading opportunities. Notable bullish sentiment is observed for COIN, JPM, and V, while bearish sentiment is noted for BAC, AGNC, C, SQ, BX, LU, and GS.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 5:35 pm

HUBS

The options market for HubSpot (NYSE:HUBS) shows a predominantly bearish sentiment among large investors, with 60% of trades being bearish. The price range eyed by these investors is between $570.0 and $720.0. HubSpot's current trading volume is 512,730, with the stock price down by 2.8% to $630.05. Analysts have mixed ratings, with price targets ranging from $575 to $730.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 5:15 pm

TXN

Market whales have taken a bearish position on Texas Instruments (NASDAQ:TXN), with 40% of the options transactions being bearish. The average price target from analysts is $182.0, with mixed ratings. The stock is currently trading at $194.84, down by -0.04%.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 4:35 pm

RS

Reliance (NYSE:RS) has seen a 10.23% increase in its short percent of float, now at 2.37% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, Reliance's short interest is still lower than its peer group average of 6.28%.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 3:30 pm

AMAT

High-rolling investors have shown significant bearish options activity on Applied Materials (NASDAQ:AMAT), with 55% of the trades being bearish. This unusual activity suggests that some investors might have privileged information. The stock is currently trading at $216.48, down by 1.17%, and analysts have mixed ratings with price targets ranging from $210 to $255.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 3:16 pm

ROOT

Root's (NYSE:ROOT) short interest has fallen by 13.92%, with 1.12 million shares sold short, representing 11.87% of its float. This decrease in short interest could indicate a shift in market sentiment towards a more bullish outlook.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 3:00 pm

AMR

Alpha Metallurgical (NYSE:AMR) has seen a 9.28% increase in its short percent of float, now at 15.66%. This indicates a bearish sentiment among investors, as it would take 6.76 days to cover these short positions. The company's short interest is significantly higher than its peers, whose average is 5.50%.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 1:45 pm

KMI

Kinder Morgan's (NYSE:KMI) short interest has risen by 7.49%, with 47.13 million shares sold short, representing 2.44% of its float. This increase in short interest could indicate bearish sentiment, although it is lower than the peer group average of 4.13%.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 1:45 pm