Streetbeat News

Order Imbalances

TMUS

Recent unusual options activity for T-Mobile US (NASDAQ:TMUS) shows a bearish sentiment among big-money investors, with 72% of trades being puts. The trading activity suggests a price range of $170.0 to $180.0 over the next three months. Analysts maintain a Buy rating with a target price of $195.0.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 8:46 pm

WMT

Financial giants have shown a bullish interest in Walmart (NYSE:WMT) through options trading, with 13 unusual trades identified. The trades are split evenly between bullish and bearish sentiments. Analysts maintain positive ratings with price targets ranging from $73 to $81. Walmart's stock is currently trading at $67.5, down by 0.56%.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 7:31 pm

VST

Deep-pocketed investors have shown significant bearish sentiment towards Vistra (NYSE:VST) through unusual options activity. Benzinga's options scanner highlighted 15 extraordinary options activities, with 60% of the sentiment being bearish. The stock price of VST is currently down by 3.57%, trading at $84.11.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 7:01 pm

CAT

Deep-pocketed investors have shown significant interest in Caterpillar (NYSE:CAT) options, with a notable increase in unusual options activity. The sentiment is mixed, with 48% bullish and 37% bearish. The price target range is $300 to $360, and the stock is currently trading at $332.11, up by 1.42%.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 6:16 pm

COST

Market whales have taken a bearish stance on Costco Wholesale (NASDAQ:COST) based on recent options trades. Out of 20 trades, 50% were bearish and 30% bullish. Analysts have mixed ratings with price targets ranging from $765 to $975. The stock is currently trading at $850.02 with an RSI indicating it may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 6:16 pm

IRM

Iron Mountain (NYSE:IRM) has seen a 17.24% increase in its short percent of float, now at 5.1% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, its short interest is still below the peer group average of 5.10%.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 6:00 pm

HIG

Hartford Financial Services Group (NYSE:HIG) has seen a 10.06% increase in short interest, now at 4.75 million shares or 1.86% of its float. This is lower than its peer group average of 2.21%. The rise in short interest could indicate bearish sentiment, but it doesn't necessarily mean the stock will fall.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 6:00 pm

DELL

Deep-pocketed investors are showing significant interest in Dell Technologies (NYSE:DELL) options, with a notable amount of bullish activity. Benzinga's options scanner highlighted 51 extraordinary options activities, with 38 calls and 13 puts. The trading volumes and open interest suggest a focus on a price band between $95.0 and $250.0. Analysts have mixed ratings on DELL, with target prices ranging from $97 to $175.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 5:46 pm

ORCL

High-rolling investors have shown significant interest in Oracle (NYSE:ORCL) options, with a notable split in sentiment: 41% bullish and 50% bearish. This unusual activity, detected by Benzinga's options scanner, includes 12 trades with a total of $605,192 in calls and puts. The price window for these options ranges from $115.0 to $165.0. Oracle's stock is currently trading at $142.38, up by 1.57%, but RSI readings suggest it may be overbought.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 3:16 pm

NTRS

Northern Trust's (NYSE:NTRS) short interest has risen by 97.1%, with 2.46 million shares sold short, representing 1.36% of its float. This increase in short interest could indicate bearish sentiment among investors. However, Northern Trust's short interest is still below the peer group average of 2.94%.

Portfolio Pulse from Benzinga Insights

June 28, 2024 | 2:45 pm