Streetbeat News

Order Imbalances

WDAY

Workday's (NYSE:WDAY) short interest has fallen by 12.17%, with 4.87 million shares sold short, representing 2.31% of its float. This is lower than the peer group average of 3.38%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 6:00 pm

PCAR

PACCAR's short interest has risen by 8.27%, with 13.62 million shares sold short, representing 3.01% of its float. This is lower than the peer group average of 5.74%. It would take traders 6.55 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 5:45 pm

ABNB

AMZN

BABA

CMG

LEN

LULU

OLLI

TPR

TSLA

The article highlights significant options activity for several consumer discretionary stocks, indicating potential trading opportunities. Notable mentions include TSLA, CMG, BABA, ABNB, AMZN, OLLI, TPR, LEN, LULU, and HD, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 5:35 pm

AAPL

AMD

ARM

AVGO

FSLY

HUBS

MSFT

MSTR

NVDA

SMCI

The article highlights significant options activity in the Information Technology sector, focusing on trades involving companies like NVDA, AAPL, SMCI, AMD, ARM, AVGO, MSFT, FSLY, HUBS, and MSTR. These trades, tracked by Benzinga's options activity scanner, indicate varying sentiments and potential short-term impacts on the stock prices of these companies.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 5:35 pm

VVV

Valvoline's short interest has risen by 13.64%, with 6.84 million shares sold short, representing 8.58% of its float. This increase in short interest suggests a more bearish sentiment among investors. However, Valvoline's short interest is still below the peer group average of 13.12%.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 5:30 pm

TJX

TJX Companies (NYSE:TJX) has seen a 10.48% decrease in its short percent of float, now at 1.11%. This indicates a more bullish sentiment compared to its peers, which have an average short interest of 18.52%. It would take traders 2.94 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 5:30 pm

MARA

Marathon Digital Holdings (NASDAQ:MARA) has seen unusual options activity with a bearish stance from large investors. Out of 33 trades, 54% were bearish and 39% bullish. The trades include 4 puts worth $174,428 and 29 calls worth $2,064,678. The price window eyed by big players ranges from $5.0 to $50.0. The stock is currently down 2.84% at $16.76 with a neutral RSI. An analyst from B. Riley Securities maintains a Neutral rating with a $20 target price.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 5:02 pm

AZEK

AZEK Co's short interest has fallen by 8.85%, with 5.44 million shares sold short, representing 3.81% of its float. This is lower than the peer group average of 4.04%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 4:30 pm

INTU

Investors with significant capital have taken a bearish stance on Intuit (NASDAQ:INTU), as evidenced by recent options activity. Benzinga's options scanner detected 10 trades, with 9 being puts and 1 call, indicating a 100% bearish sentiment. The total amount for puts is $502,660, while the call is $48,200. The target price range for these trades is $600 to $630. Intuit's stock is currently trading at $622.77, up by 1.71%, with a neutral RSI. The next earnings report is due in 15 days.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 4:02 pm

NFLX

Deep-pocketed investors have adopted a bearish approach towards Netflix (NASDAQ:NFLX), as revealed by Benzinga's options scanner. The scanner highlighted 42 extraordinary options activities, with 57% of the sentiment being bearish. Significant options trades include both puts and calls, with a notable volume and open interest. Analysts have mixed ratings on Netflix, with price targets ranging from $650 to $750. The stock is currently up 2.74% at $626.25.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 4:02 pm