Streetbeat News

Order Imbalances

HRB

H&R Block's short interest has fallen by 3.74%, with 11.49 million shares sold short, representing 13.91% of its float. This is higher than the peer group average of 4.90%. It would take traders 7.49 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 1:00 pm

CPB

Campbell Soup (NYSE:CPB) has seen a 4.07% increase in its short percent of float, now at 8.96% of all regular shares available for trading. This is higher than the peer group average of 3.97%. It would take traders 8.61 days to cover their short positions on average.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 8:45 pm

CVX

Deep-pocketed investors are showing unusual options activity in Chevron (NYSE:CVX), with a significant number of bullish and bearish trades. The options activity suggests a potential price range of $135.0 to $180.0 for CVX. Analysts have mixed ratings, with target prices ranging from $166 to $205.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 6:46 pm

FCX

Recent options trading activity for Freeport-McMoRan (NYSE:FCX) shows a bearish sentiment among big-money investors, with 54% of trades being bearish. The trading volume and open interest indicate significant market interest, with a focus on a price range between $20.0 and $55.0. Analysts have mixed ratings, with price targets ranging from $54 to $60.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 6:31 pm

GME

Gamestop shares experienced a trading halt due to volatility, with the stock surging by 33.23%.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:39 pm

VST

Deep-pocketed investors have shown a bearish sentiment towards Vistra (NYSE:VST) based on recent options market activity. Benzinga's options scanner detected 28 significant options trades, with 53% of the sentiment being bearish. The stock price of VST is currently down 9.35% at $83.4, and RSI indicators suggest it may be approaching oversold territory. Analysts from Morgan Stanley, UBS, and BMO Capital maintain positive ratings with target prices around $110.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 4:31 pm

NEE

Unusual options activity has been observed for NextEra Energy (NYSE:NEE), with a majority of the trades being bearish. This could indicate that significant market movements are expected. The stock is currently trading at $77.66, with a slight increase of 0.79%. Analysts have mixed ratings, with a consensus target price of $84.0.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 3:46 pm

TXN

Investors have taken a bullish stance on Texas Instruments (NASDAQ:TXN) with significant options activity. Benzinga's options scanner detected 12 trades, mostly bullish, focusing on a price range of $180.0 to $190.0. The stock is currently down 0.13% at $195.82, with mixed analyst ratings and a consensus target price of $182.0.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 3:31 pm

LLY

Deep-pocketed investors have shown a bearish sentiment towards Eli Lilly and Co (NYSE:LLY) through significant options trading activities. Benzinga's options scanner highlighted 79 extraordinary options activities, with 43% of the sentiment being bearish. The major market movers are focusing on a price band between $390.0 and $1000.0 for LLY. Currently, LLY is trading at $839.07, up by 0.88%, with an RSI suggesting it may be overbought. An analyst from Argus Research maintains a Buy rating with a target price of $840.0.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 3:30 pm

SLB

Investors have taken a bearish stance on Schlumberger (NYSE:SLB) as indicated by recent options trading activity. Benzinga's options scanner identified 8 trades, with 7 being puts and 1 call, suggesting a negative market sentiment. The total amount for puts was $587,129, while the call was $35,100. The stock is currently trading at $42.98, down by 0.51%.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 3:02 pm