Streetbeat News

Order Imbalances

MMM

3M has seen unusual options activity with a bullish sentiment from financial giants. 64% of traders are bullish, targeting a price range of $134 to $150. The stock is currently down 1.92% at $132.25, with analysts giving mixed ratings and target prices ranging from $140 to $160.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 2:45 pm

LYFT

Lyft's short interest has increased by 4.16%, with 14.77% of its float sold short, indicating bearish sentiment. This is higher than its peers' average of 9.17%. It would take 4.38 days to cover these positions based on current trading volume.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 1:15 pm

AMD

Advanced Micro Devices, Inc. (AMD) experienced a significant Power Inflow, indicating a potential uptrend in its stock price. This event is seen as a bullish signal by traders using order flow analytics to track institutional activity. AMD's stock closed 2% higher at $157.94 after the Power Inflow was detected at $154.73.

Portfolio Pulse from Finit

October 21, 2024 | 10:53 pm

GLD

JDST

JNUG

Unusual options activity has been observed in the SPDR Gold Trust (GLD), with a bearish sentiment despite its recent gains. This has implications for Direxion's leveraged ETFs, JNUG and JDST, which are designed for short-term exposure to gold market movements. JNUG has performed well, while JDST has struggled.

Portfolio Pulse from Joshenomoto@benzinga.com

October 21, 2024 | 8:04 pm

FLR

Fluor (NYSE:FLR) has seen unusual options activity, with a significant amount of bearish sentiment from big-money traders. The options trades suggest a price window of $47.5 to $60.0. Despite this, an analyst from Truist Securities maintains a Buy rating with a target price of $66. FLR's stock is currently down 1.84% at $53.99.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 7:30 pm

SMCI

Unusual options activity has been detected for Super Micro Computer (NASDAQ:SMCI), with a significant number of bullish positions taken by unknown investors. This suggests potential positive developments for the company. The options activity includes 33 call options and 9 put options, with a price target range of $19.0 to $122.0. The stock is currently trading at $48.18, up by 1.95%, and is nearing overbought territory according to RSI indicators. Analysts have mixed ratings, with price targets ranging from $42 to $1000.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 4:45 pm

CEG

Constellation Energy (NASDAQ:CEG) has seen unusual options activity with a bearish sentiment from major investors. 52% of trades were bearish, with significant put options activity. The stock is currently trading at $270.12, down 0.4%, with an RSI indicating potential overbought conditions. Analysts have mixed ratings, with price targets ranging from $272 to $342.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 8:30 pm

PLTR

Unusual options activity has been observed for Palantir Technologies (NYSE:PLTR), with a significant amount of bullish sentiment among big-money investors. A total of 47 uncommon options trades were spotted, with 34 calls and 13 puts, indicating a potential price movement between $15.0 and $65.0. The stock is currently trading at $42.97, up by 2.31%, and may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 8:15 pm

DPZ

Domino's Pizza (NYSE:DPZ) has seen a 16.12% decrease in its short percent of float, now at 5.93%. This is lower than its peers' average of 11.12%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 7:45 pm

VALE

Vale's short interest has increased by 43.24%, with 90.41 million shares sold short, representing 2.12% of its float. This is below the peer group average of 4.59%. The rise in short interest suggests bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 18, 2024 | 7:30 pm