Streetbeat News

Order Imbalances

AMAT

Deep-pocketed investors have shown a bearish sentiment towards Applied Materials (NASDAQ:AMAT) based on significant options activity. The options market indicates a price target range of $175 to $300, with a notable volume and open interest. Analysts have mixed ratings, with an average target price of $240.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 8:45 pm

FFIE

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) shares experienced significant volatility on Friday, initially rising but then closing down 37.58% at $1.03. The stock has been part of a retail-fueled meme stock rally, with trading volume reaching over 1.2 billion shares, far exceeding its 100-day average. 85.71% of FFIE shares are being sold short.

Portfolio Pulse from Erica Kollmann

May 17, 2024 | 8:07 pm

MDT

Medtronic (NYSE:MDT) has seen significant unusual options activity, with 23 notable trades. 47% of traders were bullish, while 34% were bearish. The trades included 9 puts valued at $396,514 and 14 calls valued at $1,150,650. The price targets range from $80.0 to $87.5. Medtronic's stock is currently trading at $85.93, with an RSI indicating it may be overbought. Earnings are expected in 6 days.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 8:00 pm

PSX

Financial giants have shown a bullish sentiment towards Phillips 66 (NYSE:PSX) with 77% of unusual options trades being bullish. The price target for PSX ranges from $90 to $175, with significant open interest and volume in recent trades. Analysts have mixed ratings with an average target price of $157.33.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 7:46 pm

ALNY

Alnylam Pharmaceuticals (NYSE:ALNY) has seen a 4.82% increase in its short percent of float, now at 2.39% of all regular shares available for trading. This indicates a rise in bearish sentiment, although the company's short interest is still below the peer group average of 6.12%.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 7:30 pm

KOSS

Koss (NYSE:KOSS) has seen a 4.55% increase in its short percent of float, now at 0.23% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, Koss's short interest is still lower than its peer group average of 5.79%.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 7:30 pm

SBUX

Recent options trading activity for Starbucks (NASDAQ:SBUX) shows a significant interest from big-money investors, with a mix of bullish and bearish sentiments. The options trades indicate a targeted price range of $70 to $95 for the stock. Analysts have mixed ratings, with price targets ranging from $80 to $100.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 7:16 pm

ARDX

BPMC

CYTK

INSM

IQV

MRK

MRNA

NVO

TDOC

VKTX

Today's session saw significant options activity in the healthcare sector, with notable trades involving MRK, INSM, MRNA, IQV, BPMC, ARDX, VKTX, CYTK, NVO, and TDOC. These trades, tracked by Benzinga's options activity scanner, indicate varying sentiments from bearish to bullish among large investors, or 'whales'.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 5:35 pm

Recent options trading activity on Morgan Stanley (NYSE:MS) shows a bearish sentiment among big-money traders, with 54% of trades being bearish. A total of 22 options trades were spotted, with a significant focus on a price band between $90.0 and $115.0. The stock is currently trading at $99.99, up 0.41%, but RSI indicators suggest it may be overbought.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 5:01 pm

CRKN

FFIE

GWAV

Greenwave Technology Solutions, Inc. (NASDAQ:GWAV) shares are trading higher due to increased attention from retail traders on Reddit. The stock is experiencing heavy trading volume, significantly above its 100-day average. This trend is part of a broader movement where retail traders are focusing on smaller-cap stocks as interest in meme stocks like GameStop and AMC Entertainment wanes.

Portfolio Pulse from Erica Kollmann

May 17, 2024 | 4:59 pm