Streetbeat News

Order Imbalances

UNH

Deep-pocketed investors have shown unusual options activity in UnitedHealth Group (NYSE:UNH), with a significant bearish sentiment. Benzinga's options scanner highlighted 23 extraordinary options activities, with 65% of the sentiment being bearish. The trading activity suggests a price range of $350.0 to $570.0 for UNH over the next three months.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 3:01 pm

GWAV

Greenwave Tech Solns (NYSE:GWAV) has seen a 54.17% increase in its short percent of float, now at 0.74% of all regular shares. This indicates a rise in bearish sentiment among investors. However, its short interest is still lower than the peer group average of 2.67%.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 2:15 pm

PANW

Financial giants have shown a bearish sentiment towards Palo Alto Networks (NASDAQ:PANW) through unusual options activity. Analysis revealed 83% of trades were bearish, with significant put options indicating a potential price range of $240.0 to $400.0. The stock is currently trading at $307.64, down by -0.12%. Analysts have mixed ratings with a consensus target price of $365.8.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 2:01 pm

GLW

Corning (NYSE:GLW) has seen a 15.71% increase in its short percent of float, now at 1.62% of all regular shares available for trading. This indicates a rise in bearish sentiment, although it has less short interest compared to its peers. It would take traders 2.85 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 1:45 pm

SPG

Simon Property Group's (NYSE:SPG) short interest has fallen by 3.28%, with 4.42 million shares sold short, representing 2.36% of its float. This is lower than the peer group average of 5.18%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

May 29, 2024 | 1:45 pm

CRWD

Deep-pocketed investors have shown a bearish sentiment towards CrowdStrike Holdings (NASDAQ:CRWD) based on significant options activity. Benzinga's options scanner highlighted 78 extraordinary options activities, with 55% of the sentiment being bearish. The trading activity suggests a price target range of $80.0 to $430.0. The current market status shows CRWD down by -1.44% at $346.4, with RSI indicators hinting it may be overbought. Analysts have mixed opinions, with price targets ranging from $400 to $422.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:45 pm

C

Investors have taken a predominantly bearish stance on Citigroup (NYSE:C) as evidenced by 53 uncommon options trades, with 62% being bearish. The price range focus is between $44.0 and $90.0. Citigroup's stock is currently down 1.75% at $62.47, with an RSI indicating potential overbought conditions. Oppenheimer maintains an Outperform rating with a target price of $86.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:45 pm

NEE

Investors with significant capital have taken a bearish stance on NextEra Energy (NYSE:NEE), as observed through recent options market activities. Benzinga's options scanner detected 10 trades, with a mix of bullish and bearish sentiments. The majority of trades were calls, totaling $9.7M, while one put trade amounted to $315K. Analysts maintain positive ratings with target prices ranging from $78 to $95.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:15 pm

EQT

EQT's short interest has risen by 6.34%, with 34.08 million shares sold short, representing 10.06% of its float. This is higher than the peer group average of 7.03%. It would take traders 6.26 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:00 pm

MUSA

Murphy USA (NYSE:MUSA) has seen a 4.01% increase in its short percent of float, now at 7.01%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 13.25%. It would take traders 3.71 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 7:45 pm