Streetbeat News

Order Imbalances

QCOM

Recent unusual options activity for Qualcomm (NASDAQ:QCOM) indicates a bearish sentiment among big-money investors, with 53% of trades being bearish. The stock is currently down by 4.93% and is approaching oversold territory. Analysts have mixed ratings, with price targets ranging from $200 to $250.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 5:01 pm

DE

Deep-pocketed investors have adopted a bearish approach towards Deere (NYSE:DE), with significant options trading activity indicating potential market movements. The majority of the options activity is bearish, focusing on a price range between $330.0 and $380.0. Analysts have mixed ratings on Deere, with target prices ranging from $375 to $448.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 4:32 pm

NFLX

Recent options activity for Netflix (NASDAQ:NFLX) shows a significant amount of bearish sentiment among big-money investors. Benzinga's options scanner identified 134 uncommon options trades, with 67 puts totaling $7.66 million and 67 calls totaling $4.62 million. The overall sentiment is split, with 46% bearish and 41% bullish. NFLX's stock is currently down by 0.7%, trading at $626.97. Analysts maintain a positive outlook with a consensus target price of $737.4.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 8:45 pm

ISRG

Significant options activity has been detected for Intuitive Surgical (NASDAQ:ISRG), with a notable bearish sentiment among large investors. The trading activity suggests a price range of $340 to $500 over the next three months. Analysts maintain a positive outlook with an average price target of $498.2.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 7:30 pm

SFM

High-rolling investors have shown unusual options activity for Sprouts Farmers Market (NASDAQ:SFM), with a majority of trades being bullish. This activity suggests potential privileged information and indicates a targeted price range of $80.0 to $95.0. The stock is currently down by 2.51% at $84.52, with mixed analyst ratings and an average price target of $80.5.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 7:16 pm

BLD

TopBuild's (NYSE:BLD) short interest has risen by 23.26%, with 839,000 shares sold short, representing 2.65% of its float. This increase in short interest could indicate bearish sentiment among investors. However, TopBuild's short interest is still lower than its peers' average of 10.24%.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 6:45 pm

SYK

Deep-pocketed investors have adopted a bearish approach towards Stryker (NYSE:SYK), with significant options activity detected. The majority of the options trades are puts, indicating a bearish sentiment. Analysts have mixed ratings on the stock, with price targets ranging from $350 to $372.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 6:31 pm

AMZN

CVNA

DASH

LCID

PDD

QS

RIVN

SBUX

TSLA

UPBD

The article highlights significant options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in stocks like TSLA, CVNA, LCID, SBUX, QS, RIVN, AMZN, UPBD, PDD, and DASH. These trades could indicate potential short-term price movements.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 5:35 pm

LRCX

Wealthy investors have taken a bearish stance on Lam Research (NASDAQ:LRCX), as indicated by 28 uncommon options trades detected by Benzinga's options scanner. The sentiment is split with 32% bullish and 46% bearish. The trading volumes and open interest suggest a price range between $760.0 and $1055.0. Lam Research's stock is currently up by 1.63% at $909.2, with an earnings announcement expected in 2 days.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 5:01 pm

CRM

Investors with significant capital have taken a bearish stance on Salesforce (NYSE:CRM), as observed through 29 uncommon options trades. The sentiment is split with 41% bullish and 48% bearish. The major market movers are focusing on a price range between $150.0 and $370.0 for Salesforce. The current trading volume is 1,845,289, with CRM's price at $264.08, up by 0.52%. An analyst from Piper Sandler maintains a Neutral rating with a target price of $250.

Portfolio Pulse from Benzinga Insights

July 29, 2024 | 4:45 pm