Streetbeat News

Order Imbalances

DASH

A significant bearish stance has been taken on DoorDash (NYSE:DASH) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 20% bullish and 80% bearish. The whales have been targeting a price range from $68.0 to $110.0 for DoorDash over the last 3 months. The current price of DASH is down -2.18% at $83.6. Several financial institutions have maintained their ratings on DoorDash, with price targets ranging from $88 to $125.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 8:15 pm

SPY

The market on close imbalance is leaning towards the sell-side with $1.8 billion. This could potentially impact the overall market sentiment and the SPY ETF.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 7:52 pm

SPY

The market on close imbalance is leaning towards the sell-side with $155 million. This could potentially impact the SPY ETF.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 7:33 pm

WBD

A significant bearish stance has been taken on Warner Bros. Discovery (NASDAQ:WBD) by a large investor, as observed in the unusual options activity. The overall sentiment of these big-money traders is split between 46% bullish and 53% bearish. The whales have been targeting a price range from $2.5 to $15.0 for Warner Bros. Discovery over the last 3 months. The price of WBD is up 6.94% at $13.79, with RSI indicators hinting at an overbought situation.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 4:02 pm

SPY

The market on close imbalance is leaning towards the buy side with $592M. This could potentially impact the SPY ETF.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 2:36 pm

SPY

The market on close imbalance is leaning towards the buy-side with $592M. This could potentially impact the overall market sentiment and the SPY ETF.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 2:30 pm

SOTK

Sono-Tek Corporation (NASDAQ:SOTK) has received a $2.19 million order from an existing clean energy customer, marking the largest order in the company's history. The order is for three production scale systems and is expected to be shipped in the first half of fiscal 2025. This follows an earlier order for one production scale system due to ship in the current fiscal year. The company expects additional orders from this customer and sees potential benefits from higher average selling prices for these systems.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 1:03 pm

SPY

The market on close imbalance is leaning towards the sell-side with $1.5 billion. This could potentially impact the overall market sentiment and the SPY ETF.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 12:06 pm

SPY

The market on close imbalance is leaning towards the buy-side with $445M. This could potentially impact the SPY ETF.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 12:04 pm

BP

A significant amount of unusual options activity has been observed for BP (NYSE:BP), with a split sentiment of 50% bullish and 50% bearish. The activity includes 14 uncommon options trades, with 8 puts and 6 calls. The whales have been targeting a price range from $20.0 to $50.0 for BP over the last 3 months. The current price of BP is down -2.45% at $36.05. Raymond James has maintained their Outperform rating on BP, with a price target of $45.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 12:04 pm