Streetbeat News

Order Imbalances

AAPL

AMD

ARM

AVGO

DDOG

IBM

INTC

MSTR

NVDA

SMCI

The article highlights unusual options activity for several IT stocks, indicating potential trading opportunities. Notable mentions include bearish call sweeps for NVDA, SMCI, MSTR, and INTC, and bullish trades for AMD, AAPL, DDOG, IBM, and ARM.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 5:38 pm

MSTR

MicroStrategy's short interest has increased by 18.79%, with 16.82% of its shares sold short. This is significantly higher than its peers' average of 2.63%. The high short interest could indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 4:16 pm

ADBE

Deep-pocketed investors are showing a bearish sentiment towards Adobe (NASDAQ:ADBE) in the options market, with 56% of notable options activities being bearish. The stock is currently down 0.81% at $481.12, and analysts have set an average target price of $610.0. Unusual options activity suggests potential market movements.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 3:17 pm

HCC

Warrior Met Coal (NYSE:HCC) has seen a 3.74% increase in its short percent of float, now at 13.31%. This is higher than its peers' average of 4.11%. It would take traders 5.5 days to cover short positions. Increased short interest can indicate bearish sentiment but may also present bullish opportunities.

Portfolio Pulse from Benzinga Insights

October 24, 2024 | 1:00 pm

TMO

Thermo Fisher Scientific Inc. (NYSE:TMO) experienced a significant 'Power Inflow' event, indicating a potential uptrend in its stock price. This event, driven by institutional activity, suggests a bullish signal for traders using order flow analytics. The stock rose almost 2% following the alert.

Portfolio Pulse from Finit

October 23, 2024 | 10:48 pm

SAVE

Spirit Airlines (NYSE:SAVE) has seen a 12.96% increase in short interest, with 32.85% of its float sold short. This is significantly higher than its peers' average of 9.93%. The high short interest could indicate bearish sentiment, but it also presents potential for a short squeeze.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 6:45 pm

OXY

Deep-pocketed investors are showing a bearish sentiment towards Occidental Petroleum (NYSE:OXY), with 66% of options activity being bearish. The options activity is unusual, with significant trades in both puts and calls, suggesting a potential price range of $45 to $67.5. Analysts have mixed ratings, with price targets ranging from $55 to $77.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 6:31 pm

HOOD

Unusual options activity has been detected for Robinhood Markets (NASDAQ:HOOD), with a significant bullish sentiment from deep-pocketed investors. The options activity suggests a potential price movement, with a focus on a price range between $10.0 and $40.0. Despite a current price drop of -2.21% to $26.8, analysts maintain neutral to overweight ratings with target prices ranging from $22 to $27.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 4:45 pm

MCD

Recent unusual options activity for McDonald's (NYSE:MCD) shows a bearish sentiment among big-money investors, with 46% of trades being bearish. The stock is currently trading at $300.21, down 4.6%. Analysts have mixed ratings, with price targets ranging from $290 to $350.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 3:15 pm

Financial giants have shown a bearish sentiment towards Home Depot (NYSE:HD) through unusual options activity, with 66% of trades being bearish. The predicted price range for HD is between $375 and $500. Despite this, analysts maintain positive ratings with target prices averaging $444. The stock is currently trading at $403.12, up by 0.32%, and may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 2:15 pm