Streetbeat News

Order Imbalances

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

GTLS

Chart Industries (NYSE:GTLS) has seen a 5.21% increase in its short percent of float, now at 19.19%. This indicates a bearish sentiment among investors, as it would take 13.01 days to cover the short positions. The company's short interest is significantly higher than its peers, whose average is 4.48%.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 1:15 pm

KBH

KB Home's (NYSE:KBH) short interest has risen by 21.06%, with 7.02 million shares sold short, representing 14.83% of its float. This is higher than the peer group average of 9.69%. It would take traders 4.83 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 1:15 pm

ISRG

Deep-pocketed investors have adopted a bearish approach towards Intuitive Surgical (NASDAQ:ISRG), as revealed by Benzinga's options scanner. The scanner highlighted 19 extraordinary options activities, with 52% of the sentiment being bearish. The stock is currently trading at $442.73, down by 1.56%. Analysts have mixed ratings, with an average price target of $490.4.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 8:30 pm

DVN

Devon Energy's (NYSE:DVN) short interest has risen by 4.2%, with 16.38 million shares sold short, representing 2.98% of its float. This increase in short interest suggests a more bearish sentiment among investors. However, Devon Energy's short interest is still lower than the peer group average of 6.38%.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 7:45 pm

NXST

Nexstar Media Group (NYSE:NXST) has seen a 4.35% increase in its short percent of float, now at 7.67%. This indicates a rise in bearish sentiment, although it is still below the peer group average of 9.68%. It would take traders 7.63 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 7:15 pm