Streetbeat News

Order Imbalances

JNJ

Whales have taken a bearish stance on Johnson & Johnson (JNJ) with 55% of recent options trades being bearish. The major market movers are focusing on a price band between $120.0 and $160.0. JNJ's stock is currently neutral with a slight increase of 0.27% at $149.15. Analysts have mixed ratings with an average target price of $188.33.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 6:01 pm

MKSI

MKS Instruments (NYSE:MKSI) has seen a 28.68% rise in its short percent of float, now at 6.55%. This indicates increased bearish sentiment, although it has less short interest compared to its peers. It would take traders 3.98 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 5:45 pm

ABNB

AMZN

BABA

BIRK

CVNA

GME

LI

M

MCD

TSLA

The article highlights significant options activity for several consumer discretionary stocks, indicating potential trading opportunities. Notable mentions include AMZN, TSLA, BABA, LI, M, BIRK, MCD, CVNA, ABNB, and GME, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 5:35 pm

HAS

Hasbro's short interest has risen by 18.83%, with 7.95% of its float sold short. This is higher than its peers' average. Increased short interest can indicate bearish sentiment but can also be bullish if short sellers are forced to cover.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 5:15 pm

CEG

Deep-pocketed investors have shown unusual options activity for Constellation Energy (NASDAQ:CEG), with a mix of bullish and bearish sentiments. Significant options trades include both puts and calls, indicating a potential price window from $100 to $310. Analysts have mixed ratings, with target prices ranging from $218 to $249.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 5:01 pm

TNXP

Tonix Pharmaceuticals (NYSE:TNXP) has seen a significant rise in short interest, with a 3126.83% increase since its last report. The company now has 789 thousand shares sold short, representing 26.46% of its float. This high short interest could indicate bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 4:45 pm

LUNR

Intuitive Machines (NYSE:LUNR) has seen a 20.8% increase in its short percent of float, now at 22.3%. This indicates a bearish sentiment among investors, as it would take 3.72 days to cover short positions. The company's short interest is significantly higher than its peers, whose average is 5.94%.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 4:45 pm

RGTI

Rigetti Computing (NYSE:RGTI) has seen a 7.84% increase in its short percent of float, now at 14.03%. This indicates a bearish sentiment among investors, as it would take 5.33 days to cover these short positions. Compared to its peers, Rigetti has a higher short interest.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 4:45 pm

VST

Vistra (NYSE:VST) has seen a 20.45% increase in its short percent of float, now at 4.83% of all regular shares available for trading. This is higher than the peer group average of 1.94%. The increase in short interest could indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 4:30 pm

MRVL

Deep-pocketed investors have shown a bearish sentiment towards Marvell Tech (NASDAQ:MRVL), as revealed by Benzinga's options scanner. The significant options activity includes 9 notable trades, with 55% of the sentiment being bearish. The stock is currently down by 3.2% at $69.59, and analysts have mixed ratings with a consensus target price of $93.2.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 3:01 pm