Streetbeat News

Order Imbalances

CSX

CSX's short interest has fallen by 10.12%, with 29.49 million shares sold short, representing 1.51% of its float. This is lower than the peer group average of 7.28%. The decrease in short interest may indicate a more bullish sentiment towards CSX.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 4:45 pm

V

Financial giants have made notable bearish moves on Visa (NYSE:V) through options trading. Analysis shows 33% bearish and 22% bullish trades, with a price range target of $220 to $305. Visa's stock is currently neutral with a slight increase of 1.22% to $259.58. Analysts maintain a positive outlook with price targets averaging $311.2.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 4:31 pm

GME

Investors with significant capital are showing a bullish stance on GameStop (NYSE:GME) through options trading. Benzinga's options scanner identified 10 notable trades, with a majority being call options. The sentiment is mixed but leans bullish, with a focus on a price range between $10.0 and $20.0. GameStop's stock is currently priced at $20.65, with RSI indicators suggesting it may be approaching oversold territory.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 4:16 pm

SOFI

High-rolling investors have shown a bullish stance on SoFi Techs (NASDAQ:SOFI) through significant options trading activity. Benzinga's options scanner identified 8 trades, with 62% being bullish. The trades suggest a price range between $5.0 and $10.0 for SOFI. The stock is currently priced at $6.49, down 0.76%, with neutral RSI indicators. Analysts have mixed ratings with an average target price of $8.75.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 4:16 pm

MSTR

Deep-pocketed investors have shown a bullish interest in MicroStrategy (NASDAQ:MSTR) options, with significant trading activity noted. The options activity includes 66 calls and 35 puts, indicating a mixed sentiment but with a bullish tilt. Analysts maintain a Buy rating with target prices ranging from $1930 to $2150.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 4:01 pm

GS

The article discusses a bearish sentiment in options trading for Goldman Sachs Gr (NYSE:GS), with 45% of traders showing bearish tendencies. The major market movers are focusing on a price band between $300.0 and $520.0. The current price of GS is $465.75, up 1.47%. Analysts have mixed ratings with an average target price of $527.4.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 3:46 pm

ADSK

Recent options activity for Autodesk (NASDAQ:ADSK) shows a bearish sentiment among big-money traders, with 8 out of 9 trades being puts. The total amount for puts is $538,813, while the single call amounts to $54,500. The price range targeted by these trades is between $160.0 and $270.0. Autodesk's stock is currently trading at $231.5, up by 2.56%.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 3:31 pm

BABA

Deep-pocketed investors have shown unusual options activity in Alibaba Group Holdings (NYSE:BABA), with a significant number of both bullish and bearish trades. The stock is currently trading at $78.14, up by 1.51%, and is approaching overbought territory. Analysts have set an average target price of $116.0, with Jefferies maintaining a Buy rating.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 3:31 pm

GM

Financial giants have shown significant interest in General Motors (NYSE:GM) through unusual options activity. Analysis reveals a balanced sentiment with 37% bullish and 37% bearish trades. The major market movers are focusing on a price band between $40.0 and $47.0. Analysts have mixed ratings, with price targets ranging from $34 to $64.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 2:30 pm

W

Wayfair's (NYSE:W) short percent of float has risen 5.91% since its last report, with 21.82 million shares sold short, representing 32.25% of all regular shares available for trading. This increase in short interest suggests a bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 1:15 pm