Streetbeat News

Order Imbalances

VRT

Recent options trading activity for Vertiv Holdings (NYSE: VRT) indicates a bullish sentiment among big-money investors, with a notable volume of both calls and puts. The stock is currently trading at $81.73, up by 1.96%, and has received positive ratings from analysts.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 5:15 pm

CLS

High-rolling investors have shown a bearish sentiment on Celestica (NYSE:CLS) through significant options trades. Benzinga's options scanner identified 8 trades, with 75% being bearish. The price window targeted by these trades ranges from $45.0 to $62.5. Analysts have mixed ratings on Celestica, with a consensus target price of $63.25.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 4:47 pm

RTX

Deep-pocketed investors are showing a bullish sentiment towards RTX (NYSE:RTX), with significant options activity detected. The majority of the trades are calls, indicating a positive outlook. Analysts have mixed ratings, with target prices ranging from $104 to $142.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 4:31 pm

NOW

Significant options activity has been detected for ServiceNow (NYSE:NOW), with a majority of the trades being bearish. This unusual activity suggests that large investors are anticipating a potential decline in the stock price. The predicted price range for ServiceNow over the next three months is between $730.0 and $860.0. Despite this, analysts maintain a generally positive outlook on the stock with various buy and outperform ratings.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 3:46 pm

WYNN

Wynn Resorts (NYSE:WYNN) has seen a 24.6% increase in its short percent of float, now at 3.9%. This indicates a rise in bearish sentiment among investors. However, its short interest is still below the peer group average of 4.34%.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 3:30 pm

INTC

Intel has seen unusual options activity with a significant bearish sentiment. Analysis of 14 trades revealed 64% bearish and 14% bullish tendencies. The major market movers are focusing on a price range between $16.0 and $24.0. Intel's stock is currently up 2.33% at $20.39, with RSI indicators suggesting it may be oversold.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 3:02 pm

DKNG

Deep-pocketed investors have shown unusual options activity in DraftKings (NASDAQ:DKNG), with a significant bearish sentiment. Benzinga's options scanner highlighted 10 extraordinary options activities, with 50% of the sentiment being bearish. The predicted price range for DKNG is between $17.5 and $38.0 over the next three months. Analysts have mixed ratings, with an average target price of $51.4.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 2:47 pm

QCOM

Deep-pocketed investors are showing a bullish sentiment towards Qualcomm (NASDAQ:QCOM), with significant options activity detected. The majority of the trades are calls, indicating a positive outlook. The price target for QCOM is between $110.0 and $220.0, and the stock is currently trading at $172.94, up by 3.46%.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 2:17 pm

LLY

High-rolling investors have shown unusual options activity for Eli Lilly (NYSE:LLY), with a majority displaying bearish sentiment. This significant move suggests potential insider information. The stock is currently trading at $924.0, down by 0.69%, and experts have mixed ratings with an average target price of $1017.0.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 2:17 pm

PSTG

Pure Storage (NYSE:PSTG) has seen an 8.26% increase in its short percent of float, now at 3.67% 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 6.60%.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 1:45 pm