Streetbeat News

Order Imbalances

KLAC

Deep-pocketed investors are showing a bearish sentiment towards KLA (NASDAQ:KLAC) as revealed by Benzinga's options scanner. The majority of options activity is bearish, with significant trades in both puts and calls. The projected price range for KLA is between $400 and $1220, with the stock currently trading at $744.51. Investors should be cautious as the stock may be approaching overbought levels.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 4:45 pm

BAC

Recent options trading activity for Bank of America (NYSE:BAC) shows a bearish sentiment among large investors, with 54% of trades being bearish. The trading volume and open interest suggest a focus on a price range between $37.0 and $50.0. The stock is currently trading at $40.52, down by 0.44%, and may be overbought according to RSI values.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 4:30 pm

MDB

Investors are showing a bullish sentiment towards MongoDB (NASDAQ:MDB) with significant options trading activity. The options trades are split between 50% bullish and 16% bearish, with a focus on a price range of $220 to $370. Analysts have mixed ratings, with an average target price of $317. MongoDB's stock is currently up 3.92% at $294.29.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 3:30 pm

AAOI

Applied Optoelectronics (NASDAQ:AAOI) has seen a surge in options activity, with a significant amount of bullish sentiment from big-money traders. The stock is currently trading at $13.45, up 9.71%, and analysts have mixed ratings with price targets ranging from $9 to $17. The options activity suggests a focus on a price range between $10 and $17.5.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 3:15 pm

KBH

KB Home (NYSE:KBH) has seen a 7.14% increase in its short percent of float, now at 12.6%, indicating a bearish sentiment compared to its peers with an average of 5.51%. This could signal potential volatility in the stock's price.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 2:45 pm

MUR

Murphy Oil's short interest has increased by 18.07%, with 7.05 million shares sold short, representing 6.73% of its float. This is higher than its peers' average of 5.54%. The rise in short interest suggests bearish sentiment, but it could also be a bullish indicator if the stock price rises.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 2:00 pm

LLY

Eli Lilly (NYSE:LLY) experienced a Power Inflow, indicating a shift from selling to buying, which is a positive signal for investors using order flow analytics. The stock rose from $958.10 to $965.94, suggesting potential upward momentum.

Portfolio Pulse from Finit

September 04, 2024 | 1:02 pm

MPWR

Monolithic Power Systems (NASDAQ:MPWR) has seen a surge in options activity, with 71% of investors showing a bullish sentiment. The stock is currently down 9.23% at $848.38, but analysts maintain a Buy rating with price targets up to $1100. Significant options trades suggest a price range of $820 to $930.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 8:45 pm

MKSI

MKS Instruments (NYSE:MKSI) has seen a 14.38% decrease in its short percent of float, now at 5.06%. This is lower than its peers' average of 6.58%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 7:15 pm

CEG

Unusual options activity has been detected for Constellation Energy (NASDAQ:CEG), with a mix of bullish and bearish trades. The stock is currently down by 8.58% at $179.82. Analysts have set an average price target of $214.4, with mixed ratings ranging from Neutral to Buy.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 6:30 pm