"I'm wildly bullish, and I may be dead wrong, but I'm wildly bullish."
Walmart’s WMT stock is attracting attention as it prepares for a three-to-one stock split scheduled for Monday, February 26. Trading at $177 a share, the split is set to bring the opening price down to around $59. With over 400,000 associates involved in Walmart’s stock …
McDonald’s foray into artificial intelligence (AI) within its drive-thru infrastructure in the United States signals a rapid adoption of cutting-edge technology, a sentiment echoed by CNBC host Jim Cramer on Friday. The Scenario: During a recent segment of CNBC’s “Mad Money,” Cramer highlighted the significant …
U.S. Stock Market Overview The week concluded with a mixed performance from U.S. stocks, showcasing the Nasdaq Composite’s dip by approximately 0.2% on Friday. In contrast, the Dow saw a 0.23% incline to reach 39,158.52, while the NASDAQ experienced a 0.19% drop to 16,011.27. The …
Uncovering Market Trends When delving into the week-over-week changes in shares outstanding among the array of ETFs cataloged at ETF Channel, one particular standout emerges – the Invesco NASDAQ 100 ETF (Symbol: QQQM) reveals a significant approximate $147.9 million influx. This marks a 0.7% surge …
Crude Oil Futures Dip Amidst Hawkish Ripples This week saw a slight dip in crude oil futures following recent gains. The setback came in the wake of a Federal Reserve meeting that exuded hawkish undertones, causing a ripple effect. Fed Governor Chris Waller expressed a …
Excellent Year for Maoyan in the Rebounding China Box Office Thriving Amid Box Office Rebound The resurgent Chinese box office propelled Maoyan Entertainment to meteoric profit gains last year. Movie enthusiasts flocked back to cinemas in droves after the stringent pandemic restrictions in the country …
Microsoft Corp. MSFT has begun introducing innovative Generative AI-powered photo editing functionalities to the vast user base of Windows 10, with Windows 11 users set to receive support shortly. The Latest Advancements: Microsoft has enhanced the Windows Photos application with a “Generative erase” feature that …
As the world zoomed through the pandemic, Zoom Video Communications’ ZM stock took a hit, declining by 15% over the past year and 13.6% year-to-date. Currently trading at a forward P/E of 12.56, well below the sector median of 25.4, the San Jose-based company is …
February 23, 2024 4:50 AM | 2 min read U.S. stock futures were lower this morning, with the Dow futures trading lower by around 25 points on Friday. Shares of Ardelyx, Inc. ARDX fell sharply in today’s pre-market trading after the company reported mixed fourth-quarter …
Today’s session unveils substantial whale activities in the options market, igniting the intrigue of traders hunting for lucrative avenues.
Whales, characterized by their sizable financial footprint, are under the radar of Benzinga’s options activity scanner, which tracks their substantial transactions, delivering valuable insights to traders.
Traders are on the lookout for situations where the market value of an option veers significantly from its normalcy. Intense trading activities can drive option prices to extremes, either overestimating or underestimating their worth.
The following details the options activities taking place in today’s engrossing session:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|
Decoding the significant activity unfolding in today’s options market.
• Unveiling a bearish put option sweep for EMR (Emerson Electric Co.), expiring on June 21, 2024. A transfer of 126 contracts occurred at a $97.50 strike, resulting in a total trade price of $25.8K, with 944 contracts traded today.
• Noticing a bearish sentiment in a call option sweep for WM (Waste Management, Inc.) expiring on March 1, 2024. Parties traded 299 contracts at a $205.00 strike, with a total trade price of $43.3K, and 674 contracts traded today.
• Observing a bearish put option sweep for BLDR (Builders FirstSource, Inc.) expiring on March 15, 2024. A transfer of 438 contracts occurred at a $170.00 strike, amassing a total trade price of $175.2K, with 447 contracts traded today.
• Noting a bearish call option sweep for UBER (Uber Technologies, Inc.) expiring on February 23, 2024. A transfer of 320 contracts happened at a $74.00 strike, yielding a total trade price of $82.5K, with 437 contracts traded today.
• Identifying a bearish put option trade for BA (The Boeing Company) expiring on June 20, 2025. A transfer of 400 contracts occurred at a $135.00 strike, amassing a total trade price of $211.6K, with 400 contracts traded today.
• Recognizing a bearish call option trade for FDX (FedEx Corporation) expiring on March 15, 2024. A transfer of 100 contracts happened at a $240.00 strike, resulting in a total trade price of $52.0K, with 258 contracts traded today.
• Unveiling a bearish put option sweep for UAL (United Airlines Holdings, Inc.) expiring on January 16, 2026. A transfer of 1000 contracts occurred at a $60.00 strike, amassing a total trade price of $60.6K, with 120 contracts traded today.
• Noticing a bearish put option trade for PCTY (Paylocity Holding Corporation) expiring on March 15, 2024. A transfer of 10 contracts happened at a $170.00 strike, resulting in a total trade price of $33.0K, with 77 contracts traded today.
• Recognizing a neutral put option sweep for PAYC (Paycom Software, Inc.) expiring on April 19, 2024. Parties traded 20 contracts at a $185.00 strike, with a total trade price of $39.5K, and 39 contracts traded today.
• Noting a bullish call option sweep for CAR (Avis Budget Group, Inc.) expiring on August 16, 2024. Parties traded 38 contracts at a $110.00 strike, revealing a total trade price of $42.9K, and 29 contracts traded today.
Options Market Buzz 1822 open contracts were observed at a certain strike prior to today, with 258 contracts being bought and sold today. Unconventional Moves for UAL When it comes to UAL, there’s a call option sweep with bearish sentiment expiring in 695 days on …