Streetbeat News

Order Imbalances

SMCI

Deep-pocketed investors are showing significant interest in Super Micro Computer (NASDAQ:SMCI), with a notable increase in options activity. The sentiment among these investors is mixed, with a slight lean towards bullishness. The trading activity suggests a price range of $500 to $1220 for SMCI over the next three months. Analysts have mixed ratings on the stock, with price targets ranging from $800 to $1300.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 8:01 pm

EVGO

EVgo's short interest has risen by 8.9%, with 34.94 million shares sold short, representing 34.88% of its float. This is significantly higher than its peers' average short interest of 12.09%. It would take traders 6.99 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 7:45 pm

MTN

Vail Resorts (NYSE:MTN) has seen a 4.75% increase in its short percent of float, now at 7.72%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 16.33%. Traders should be aware of the increased short interest.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 7:45 pm

HUBS

HubSpot's short interest has risen by 12.1%, with 1.76% of its float sold short. This is lower than the peer group average of 4.04%. The increase in short interest may indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 7:01 pm

MS

Wealthy investors have taken a predominantly bearish stance on Morgan Stanley (NYSE:MS), as evidenced by 22 significant options trades detected by Benzinga's options scanner. The sentiment is split with 72% bearish and 9% bullish. The trades suggest a price range of $85.0 to $105.0 for MS over the next three months. Currently, MS is trading at $97.22, down by 1.47%.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 6:31 pm

U

Recent options trading trends indicate a bearish sentiment among big-money investors towards Unity Software (NYSE:U). Benzinga's options scanner identified 19 unusual options trades, with 57% being bearish. The trades suggest a price window of $15.0 to $30.0 for Unity Software in the near term.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 6:15 pm

CAT

Financial giants have shown a bearish sentiment towards Caterpillar (NYSE:CAT) through unusual options activity, with 66% of trades being bearish. The stock is currently trading at $340.62, down by 1.69%, and analysts have set an average target price of $360.0.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 6:15 pm

NKE

Financial giants have shown significant bullish interest in Nike (NYSE:NKE) through unusual options activity. Analysis reveals 22 unusual trades with a mix of bullish and bearish sentiments. The price range focus is between $80.0 and $115.0. Nike's stock is currently priced at $92.31, up 0.34%, with RSI indicators suggesting it may be approaching overbought territory. Analysts have a consensus target price of $115.0, with Wedbush recently downgrading its rating to Outperform.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 6:15 pm

ASTS

BILI

DIS

DJT

GOOGL

META

NFLX

PARA

SNAP

TTWO

The article highlights significant options activity for 10 communication services stocks, indicating potential trading opportunities. The stocks mentioned include META, ASTS, SNAP, GOOGL, DIS, NFLX, DJT, PARA, TTWO, and BILI, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 5:35 pm

BX

Investors have taken a bearish stance on Blackstone (NYSE:BX), with significant options trades indicating a potential price range of $115.0 to $125.0. The sentiment is predominantly bearish, with 66% of the trades being puts. Blackstone's stock is currently down by 3.32%, trading at $117.18.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 3:01 pm