Streetbeat News

Order Imbalances

BAC

Recent options activity for Bank of America (NYSE:BAC) shows significant interest from large investors, with a mix of bullish and bearish trades. The options trades include 6 puts and 10 calls, with a total trade value of over $1.27 million. Analysts have mixed ratings on BAC, with price targets ranging from $39 to $48. The stock is currently trading at $38.35, up 0.48%, and may be oversold according to RSI readings.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 6:15 pm

TTD

The Trade Desk (NASDAQ:TTD) has seen a surge in options activity, with a mix of bullish and bearish trades. Analysts maintain positive ratings with an average target price of $115. The stock is currently trading at $98.06, up by 1.06%, and may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 6:15 pm

BPMC

EXAS

IBRX

MRK

NBIX

PFE

SAVA

VRNA

The article highlights unusual options activity for nine healthcare stocks: PFE, IBRX, VRNA, SAVA, NBIX, EW, MRK, BPMC, and EXAS. The sentiment for these options varies from neutral to bearish and bullish, indicating potential short-term price movements.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 5:35 pm

AAPL

AMD

CRM

INTC

MSFT

MSTR

NVDA

PLTR

SMCI

TSM

Today's session saw significant options activity in 10 major IT stocks, with a mix of bearish and bullish sentiments. Notable trades include bearish call options for NVDA, AAPL, INTC, MSTR, AMD, and CRM, a bullish call for TSM, a neutral call for PLTR, and bearish put options for SMCI and MSFT.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 5:35 pm

ETN

Eaton Corp's (NYSE:ETN) short interest has risen by 6.42%, with 4.60 million shares sold short, representing 1.16% of its float. This increase in short interest could indicate bearish sentiment among investors. However, Eaton's short interest is still lower than its peer group average of 11.33%.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 5:15 pm

ASML

Significant options activity has been detected for ASML Holding (NASDAQ:ASML), with a mix of bullish and bearish trades. The options trades suggest a price range of $710 to $1200 over the next three months. The stock is currently trading at $864.07, up 1.31%, and may be approaching oversold territory.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 4:16 pm

SPY

XLK

XLV

Institutional investors took advantage of early August market volatility to buy discounted stocks and equity ETFs, with significant inflows into tech and communication services sectors. The SPDR S&P 500 ETF Trust (SPY) and Technology Select Sector SPDR Fund (XLK) saw notable inflows, while the Health Care Select Sector SPDR Fund (XLV) experienced outflows.

Portfolio Pulse from Piero Cingari

August 13, 2024 | 4:12 pm

HIMS

Financial giants have made a bearish move on Hims & Hers Health (NYSE:HIMS) with 62% of options trades showing bearish tendencies. The major market movers are focusing on a price band between $11.0 and $30.0. The stock is currently trading at $16.18, up by 1.31%, with an average analyst price target of $21.33.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 3:47 pm

JPM

Deep-pocketed investors are showing a bullish trend towards JPMorgan Chase (NYSE:JPM), with significant options activity indicating potential big moves. Benzinga's options scanner highlighted 11 extraordinary options activities, with 54% bullish sentiment. Analysts have set price targets ranging from $215 to $226.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 3:16 pm

RBLX

Roblox's short interest has decreased by 8.39%, with 17.07 million shares sold short, representing 4.37% of its float. This is higher than the peer group average of 3.39%. It would take traders 3.72 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 13, 2024 | 3:00 pm