Streetbeat News

Order Imbalances

MSTR

MicroStrategy (NASDAQ:MSTR) has seen a surge in options activity, with a significant bearish sentiment among big-money traders. The options trades are predominantly bearish, with 80% of the activity reflecting this sentiment. The trading volume and open interest suggest a focus on a price range between $30.0 and $125.0. Analysts have recently revised their ratings, with price targets ranging from $146 to $194.

Portfolio Pulse from Benzinga Insights

September 10, 2024 | 1:48 pm

CLOV

Clover Health Investments (NYSE:CLOV) has seen a 9.75% decrease in its short percent of float, now at 7.31%. This indicates a potential shift in market sentiment as fewer shares are being shorted. Despite this, CLOV's short interest remains higher than its peers, which average 2.91%.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 7:45 pm

WOLF

Recent options trading activity for Wolfspeed (NYSE:WOLF) shows a bearish sentiment among big-money investors, with 59% of trades being bearish. The stock is currently trading at $7.56, down 8.14%, with a neutral RSI. Analysts have mixed ratings, with target prices ranging from $14 to $25.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 6:30 pm

VZ

Investors are showing a bullish stance on Verizon Communications (NYSE:VZ) with significant options activity. Benzinga's options scanner identified 8 uncommon trades, with a sentiment split of 62% bullish and 37% bearish. The price range focus is between $38.0 and $46.0. Verizon's stock is currently up 3.0% at $42.38, with analysts setting an average price target of $43.0.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 5:15 pm

RIOT

Wealthy investors are showing a bearish sentiment towards Riot Platforms (NASDAQ:RIOT) with 69% of recent options trades being puts. The trading activity suggests a focus on a price range between $5.0 and $18.0. Riot Platforms' stock is currently trading at $6.58, up by 3.13%, with analysts setting price targets between $9 and $23.

Portfolio Pulse from Benzinga Insights

September 09, 2024 | 4:30 pm

PM

Philip Morris Intl's short interest has increased by 9.26%, with 9.12 million shares sold short, representing 0.59% of its float. This is lower than the peer group average of 2.96%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 7:15 pm

AVGO

DIA

IWM

NVDA

QQQ

SMCI

SOXX

SPY

The U.S. stock market experienced a significant downturn due to disappointing August jobs data, with major indices dropping over 1%. The Nasdaq 100 faced its worst week in two years, heavily impacted by a slump in semiconductor stocks. The iShares Semiconductor ETF and Nvidia saw notable declines. Investors moved towards cash and bonds, while commodities and cryptocurrencies also suffered losses.

Portfolio Pulse from Piero Cingari

September 06, 2024 | 5:46 pm

ASTS

CMCSA

DIS

GOOGL

META

PARA

RBLX

SIRI

TTWO

VZ

The article highlights unusual options activity for several communication services stocks, indicating potential trading opportunities. Notable movements include bearish sentiment for META, RBLX, ASTS, CMCSA, PARA, TTWO, VZ, and DIS, while GOOGL and SIRI show bullish sentiment.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 5:35 pm

C

Recent options trading activity for Citigroup (NYSE:C) shows a bearish sentiment among big-money investors, with 58% of trades being bearish. The trading activity includes 12 uncommon options trades, with a focus on a price range between $50.0 and $70.0. Citigroup's stock is currently down 2.15% at $59.33, and RSI indicators suggest it may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 4:31 pm

BIRK

Birkenstock Holding (NYSE:BIRK) has seen a 14.57% increase in its short percent of float, now at 11.32%. This is higher than its peers' average of 5.88%. It would take traders 4.82 days to cover their short positions. Increased short interest can indicate bearish sentiment but may also present bullish opportunities.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 3:30 pm