Streetbeat News

Order Imbalances

GWAV

Greenwave Technology Solutions shares are trading higher amid abnormally-high volume, driven by interest from retail investors on social media.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 6:10 pm

AMZN

BABA

FFIE

FIVE

GME

HGV

VFS

WYNN

XPEV

Today's session saw significant options activity in the consumer discretionary sector, with notable trades involving companies like FFIE, BABA, AMZN, JD, VFS, HGV, WYNN, XPEV, GME, and FIVE. These trades, tracked by Benzinga's options activity scanner, indicate varying sentiments from bullish to bearish among large investors.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 5:35 pm

AMD

ARM

FRSH

IREN

MRVL

MSFT

NVDA

PANW

PLTR

SMCI

The article highlights significant options activity for several IT stocks, indicating potential trading opportunities. Notable mentions include NVDA, AMD, SMCI, MSFT, IREN, FRSH, MRVL, PLTR, ARM, and PANW, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 5:35 pm

DKNG

High-rolling investors have shown significant bullish interest in DraftKings (NASDAQ:DKNG) through options trading, with 62% of the trades being bullish. The options activity suggests a targeted price range of $34.0 to $47.5. Analysts have given DKNG an average target price of $53.2, with ratings mostly being positive.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 4:08 pm

QCOM

Deep-pocketed investors are showing significant interest in Qualcomm (NASDAQ:QCOM) options, with a notable bearish sentiment. Benzinga's options scanner highlighted 12 extraordinary options activities, with 33% bullish and 41% bearish. The trading activity suggests a price target range of $140.0 to $200.0 for QCOM over the next three months. Current market status shows QCOM trading at $193.33, down by -0.66%, with an RSI indicating potential overbought conditions. Analysts have mixed ratings with an average target price of $188.0.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 2:49 pm

VRT

The article discusses the recent options trading activity for Vertiv Holdings (NYSE: VRT), highlighting a bearish sentiment among large investors. It details the volume and open interest of options, the predicted price range, and expert ratings on the stock.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 2:16 pm

TSM

Market whales have taken a bullish stance on Taiwan Semiconductor (NYSE:TSM), with 21 options trades spotted by Benzinga's scanner. The sentiment is split with 47% bullish and 38% bearish. The major market movers are focusing on a price band between $100.0 and $165.0. Trading volume stands at 1,965,632, with TSM's price down by -0.73%, positioned at $154.45. Analysts have mixed ratings with a consensus target price of $159.0.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 2:16 pm

TTD

Wealthy investors are showing a strong interest in Trade Desk (NASDAQ:TTD) with significant options trades detected. The sentiment is split between bullish and bearish, with a notable volume of calls and puts. Analysts have set an average price target of $106.2, with the stock currently trading at $94.55.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 2:16 pm

BYND

Beyond Meat's short interest has risen by 10.62%, with 25.36 million shares sold short, representing 40.82% of its float. This is significantly higher than its peers' average short interest of 5.59%. It would take traders 13.61 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 1:45 pm

TER

Teradyne's short interest has fallen by 7.88%, with 5.23 million shares sold short, representing 3.86% of its float. This is lower than the peer group average of 6.52%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 1:15 pm