Streetbeat News

Order Imbalances

GOOGL

Deep-pocketed investors have shown unusual bullish options activity towards Alphabet (NASDAQ: GOOGL), indicating potential significant movements. Benzinga's options scanner highlighted 41 extraordinary options activities, with a mix of bullish and bearish sentiments. The major market movers are focusing on a price band between $95.0 and $185.0 for Alphabet. The stock is currently trading at $161.64, up by 2.12%. Analysts have mixed ratings with target prices ranging from $196 to $222.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 2:16 pm

CVNA

Financial giants are making significant bearish moves on Carvana (NYSE:CVNA) through options trading. Analysis reveals 65% of trades are bearish, with a focus on a price range between $25.0 and $140.0. Current trading volume is 458,526, with the stock price down by -1.08% to $137.45. Analysts have mixed ratings, with target prices ranging from $110 to $200.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 2:01 pm

T

Deep-pocketed investors have shown a bearish sentiment towards AT&T (NYSE:T) through significant options activity. Benzinga's options scanner highlighted 10 extraordinary options activities for AT&T, with 50% of the sentiment being bearish. The trading volumes and open interest suggest a focus on a price range between $3.0 and $21.0. Analysts have mixed ratings on AT&T, with price targets ranging from $18 to $24.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 8:30 pm

CCI

Crown Castle (NYSE:CCI) has seen a 12.4% increase in its short percent of float, now at 1.45% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, compared to its peers, Crown Castle has a lower short interest percentage.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 7:45 pm

EG

Everest Group (NYSE:EG) has seen a 5.76% increase in its short percent of float, now at 2.94%. This indicates a bearish sentiment among investors, as it surpasses the peer group average of 1.41%. It would take traders 2.77 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 7:45 pm

TELL

Tellurian's (NYSE:TELL) short interest has fallen by 9.9%, with 96.91 million shares sold short, representing 11.38% of its float. This decrease in short interest could indicate a shift in market sentiment towards a more bullish outlook.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 7:00 pm

UPS

Significant options activity has been observed in United Parcel Service (NYSE:UPS), with a mix of bullish and bearish sentiment. Large-scale investors have targeted a price range of $130 to $160 over the last three months. The stock is currently trading at $125.71, down by 0.25%. Analysts have mixed ratings with an average target price of $148.8.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 6:30 pm

AXP

Recent options trading activity on American Express (NYSE:AXP) indicates a mixed sentiment among large investors, with a notable volume of both bullish and bearish trades. The price target range for AXP is between $180 and $260, with significant open interest and volume in the options market. Analysts have provided mixed ratings, with price targets ranging from $223 to $280.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 6:30 pm

HSY

Hershey's (NYSE:HSY) short interest has risen by 21.07%, with 4.71 million shares sold short, representing 3.62% of its float. This increase in short interest could indicate bearish sentiment, although Hershey's short interest is still below the peer group average of 4.46%.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 6:15 pm

SUM

Summit Materials (NYSE:SUM) has seen a 5.56% increase in its short percent of float, now at 4.18% of all regular shares available for trading. This is higher than the peer group average of 3.06%. It would take traders 4.93 days to cover their short positions on average.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 6:15 pm