Streetbeat News

Order Imbalances

PLTR

High-rolling investors have shown a bearish sentiment towards Palantir Technologies (NYSE:PLTR) through significant options trades. Benzinga's options scanner identified 9 trades, with 55% being bearish. The stock is currently trading at $31.91, up by 2.19%, but analysts have mixed ratings with an average target price of $25.6.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 2:18 pm

TSM

Deep-pocketed investors have shown unusual options activity for Taiwan Semiconductor (NYSE:TSM), with a bearish sentiment prevailing. Benzinga's options scanner highlighted 20 significant options activities, with 60% of the sentiment being bearish. The price window eyed by these investors ranges from $135.0 to $220.0. The current trading volume is 1,666,130, with the stock price down by -0.26% to $173.5. Analysts have mixed ratings, with a consensus target price of $236.67.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 2:18 pm

MULN

Mullen Automotive's short interest has fallen by 20.55%, with 4.53 million shares sold short, representing 19.41% of its float. This is higher than the peer group average of 6.91%. The decrease in short interest may indicate a shift in market sentiment.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 2:00 pm

ADTX

Aditxt (NYSE:ADTX) has seen a significant rise in short interest, with 20.12% of its float sold short, up 81.59% since the last report. This is much higher than its peers' average of 5.20%. The increase in short interest could indicate bearish sentiment but also presents potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 2:00 pm

MSFT

Deep-pocketed investors are showing significant interest in Microsoft (NASDAQ:MSFT) options, with a notable increase in both call and put activities. The options activity suggests a potential price range of $400 to $505 for MSFT. Analysts have mixed ratings, with target prices ranging from $485 to $550.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 1:47 pm

OLED

Universal Display (NYSE: OLED) has seen a 22.16% increase in short interest, with 1.05 million shares sold short, representing 2.26% of its float. This is lower than the peer group average of 4.21%. The increase in short interest could indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 1:30 pm

IQV

IQVIA Holdings (NYSE:IQV) has seen an 8.98% increase in its short percent of float, now at 1.82% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, its short interest is still lower than the peer group average of 5.90%.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 1:00 pm

LOW

Financial giants have made significant bullish moves on Lowe's Companies (NYSE:LOW) through options trading. Analysis reveals 10 unusual trades with a mix of bullish and bearish sentiments. The projected price targets range from $200 to $260. Recent trading volume is high, and the stock price is up by 1.02%. Analysts have mixed ratings with price targets between $230 and $272.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 8:47 pm

LMT

Deep-pocketed investors have adopted a bearish approach towards Lockheed Martin (NYSE:LMT), as revealed by Benzinga's options scanner. The scanner highlighted 18 extraordinary options activities, with a mix of bullish and bearish sentiments. The trading volumes and open interest suggest a focus on a price band between $475.0 and $600.0. The stock is currently trading at $560.29, down by -0.52%, and is potentially overbought according to RSI values. Analysts have mixed ratings with target prices ranging from $505 to $600.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 8:32 pm

MSTX

Cryptocurrency markets are experiencing significant volatility, with major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin seeing notable declines. Bitcoin miners' profits have dipped, and long liquidations have spiked. Despite the downturn, some traders believe the market is nearing the end of its 'final weeks of pain.' Additionally, MSTX has launched as the first single-stock leveraged ETF for MicroStrategy stock, offering 175% exposure.

Portfolio Pulse from Khyathi Dalal

August 15, 2024 | 8:06 pm