Artec Global Media Stock (OTC:ACTL), Trade Ideas

Artec Global Media Inc is a US-based digital and mainstream marketing firm. It provides online marketing and reporting solutions to companies. It sells its marketing products based on a consultative approach to discover customer needs and build pricing and packages. It offers lead generation, performance media marketing, and affiliate marketing, as well as other related web services and consultation. The group generates revenue by providing marketing and advertising solutions for clients through direct sales and online marketing platform.

ACTL

DTPI

PPCO

Merger Arbitrage Mondays – November 08, 2010

Analyst Color

News

Analyst Ratings

MSCC

Microsemi Acquires Actel For $430M

Long Ideas

Intraday Update

Markets

Movers

Trading Ideas

ISLN

WYNN

Benzinga&#39;s Volume Movers (ACTL, MSCC, ISLN, WYNN)

ARTEC GLOBAL MEDIA INC by Artec Global Media, Inc.

Artec Global Media Inc

<p>JP Morgan  analyst Matthew Boss   maintains Boot Barn Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOOT#NYSE">BOOT</a>) with a Overweight and raises the price target from $85 to $115.</p>


Price Target

BOOT

JP Morgan Maintains Overweight on Boot Barn Holdings, Raises Price Target to $115

<p><a href="https://register.epo.org/application?number=EP17850424" title="https://register.epo.org/application?number=EP17850424">https://register.epo.org/application?number=EP17850424</a></p>


Biotech

General

Security Matters Has Received A Decision To Grant European Patent Number EP3516380 Titled "X-Ray Fluorescence System And Method For Detecting At Least One Material Carried By A Sample "

<p>JP Morgan  analyst Doug Anmuth   maintains Tripadvisor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRIP#NASDAQ">TRIP</a>) with a Underweight and lowers the price target from $25 to $17.</p>


TRIP

JP Morgan Maintains Underweight on Tripadvisor, Lowers Price Target to $17

Management

MASI

Politan Capital Management Proposes To Add Darlene Solomon And Bill Jellison To Masimo's Board Immediately

Politan Capital Management Responds To Masimo's Proposal That It Withdraw Nominations In Return For 1 Nominee On Masimo's Board; Says "Falls Well Short Of Resolving The Fundamental Governance Problems At Masimo, Needs A Majority Of Truly Independent Directors"; Will Not Oppose Re-Election Of Joe Kiani To The Board

<p>JP Morgan  analyst Doug Anmuth   maintains Airbnb (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>) with a Neutral and raises the price target from $140 to $145.</p>


ABNB

JP Morgan Maintains Neutral on Airbnb, Raises Price Target to $145

WIIM

Shares of companies in the Oil and Gas sector are trading higher amid a rise in the price of crude. Also, strength may be attributed to a year-over-year increase in China's April crude oil imports data.

<p>Scotiabank  analyst Orest Wowkodaw   maintains Ero Copper (TSX:<a class="ticker" href="https://www.benzinga.com/stock/ERO#TSX">ERO</a>) with a Sector Perform and raises the price target from C$30 to C$32.</p>


TSX:ERO

Scotiabank Maintains Sector Perform on Ero Copper, Raises Price Target to C$32

<p>Despite feeling overwhelmed by the growing number <a href="https://www.benzinga.com/news/24/01/36448164/is-the-streaming-bubble-bursting-significant-portion-of-users-cut-multiple-subscriptions">of streaming platforms,</a> Americans continue to subscribe, and a new survey reveals the most popular choices among middle-income levels compared to others.</p>
<p><strong>What Happened:</strong> Even as consumer face financial pressure to reduce spending on streaming subscriptions or switch to more affordable, ad-supported plans, leading streaming companies like Netflix and Disney continue to <a href="https://www.benzinga.com/topic/streaming-stocks">experience subscriber growth.</a></p>
<p>The leading streaming companies are thriving, with <strong>Netflix Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>)<a href="https://www.benzinga.com/news/earnings/24/04/38324337/netflix-q1-earnings-highlights-revenue-beat-eps-beat-9-33-million-paid-subs-added-ad-tier-plan-upda"> gaining 9.33 million</a> paid net new subscribers in the first quarter to bring the company to a total of 269.60 million. <strong>The Walt Disney Company</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) added 6.3 million Disney+ Core subscribers<a href="https://www.benzinga.com/news/earnings/24/05/38669929/walt-disney-q2-earnings-profit-beat-moderating-parks-growth-password-sharing-crackdown-and-more"> in the second quarter </a>to bring the company to a total of 117.6 million.</p>
<p>Other streaming companies are also seeing growth of their subscribers and operating income for their direct-to-consumer segments.</p>
<p>A <a href="https://pro.morningconsult.com/analysis/income-disparities-widen-consumer-spending">survey </a>from Morning Consult shows that Netflix was the streaming company most likely to be used across three income levels of &lt;$50,000, $50,000 to $99,999, and >$100,000.</p>
<p>Netflix was selected by 71% of the respondents in the $50,000 to $99,999 income level as a platform that they use, compared to 77% of the higher income earners and 62% of the low-income earners.</p>
<p>Hulu ranked second for middle income Americans at 53%. The platform is majority owned by Disney, which also had the third ranked streaming platform with Disney+ used by 47% of middle-income earners.</p>
<p>Peacock ranked fourth at 45% usage by middle-income earners. The streaming platform from <strong>Comcast Corporation </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) almost saw more middle-income American usage than high-income earners (46%).</p>
<p><strong>Roku Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) was selected by 43% of middle-income earners, which was higher than the 40% of high-income earners who said they use the platform. Low-income earners had the highest percentage for the streaming platform at 47%.</p>
<p><strong>Spotify Technology</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) was selected by 42% of middle-income earners, beating out rival music streaming platform <strong>Pandora </strong>(35%), which is owned by<strong> Sirius XM Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIRI#NASDAQ">SIRI</a>).</p>
<p>AppleTV+ from <strong>Apple Inc </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) ranked lower at 26% for middle-income earners and had wide gaps between low-income earners (18%) and high-income earners (37%).</p>
<p><em>Related Link: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38675021/disney-direct-to-consumer-segment-profits-in-q2-operating-income-modestly-ahead-of-">Disney Direct-To-Consumer Segment Profits In Q2, &#8216;Operating Income Modestly Ahead&#8217; Of Analyst Expectations</a></em></p>
<p><strong>Why It's Important</strong>: The survey shows that people are more likely to have more streaming platforms if they earn more, which shouldn't be a surprise.</p>
<p>Perhaps the biggest takeaway from the survey is the gaps for several platforms across income levels. For instance, Netflix shows a 15 percentage point difference in usage between low and high-income earners.</p>
<p>Hulu&#8217;s gap is narrower, at seven percentage points. Peacock displays the smallest discrepancy, with only a four percentage point gap and consistent usage across all income groups.</p>
<p>Roku was also a surprise in the survey, as the platform is more likely to be used with lower income earners than with higher income earners.</p>
<p>AppleTV+ had one of the widest gaps, with a 19-point gap from low-income to high-income earners. This could suggest that when it comes to picking a streaming platform, lower-income consumers would rather spend their money on other platforms. This could be perhaps due to Apple having a smaller content library and being one of the newer streaming platforms.</p>
<p>To help offset concerns of too many platforms and prices, several media companies are teaming up to offer bundles of streaming platforms. <strong>Warner Bros. Discovery</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) <a href="https://www.benzinga.com/general/entertainment/24/05/38723093/disney-warner-bros-discovery-to-offer-streaming-bundle-with-disney-hulu-max-this-summer-mor">is teaming up with Disney </a>to offer a bundle of Max, Hulu and Disney+.</p>
<p><em>Read Next: <a href="https://www.benzinga.com/general/entertainment/24/04/38321545/exclusive-streaming-platform-winner-picked-by-benzinga-readers-did-disney-netflix-amazon-pr">EXCLUSIVE: Streaming Platform Winner Picked By Benzinga Readers: Did Disney+, Netflix, Amazon Prime Video Or Max Take Top Honors?</a></em></p>
<p><em>Photo: Shutterstock</em></p>


Entertainment

AAPL

CMCSA

NFLX

ROKU

SIRI

SPOT

More Money, More Streams: Netflix, Disney+, AppleTV+ And Hulu See Higher Usage Among Wealthier Americans

<p>Scotiabank  analyst Ovais Habib   maintains B2Gold (TSX:<a class="ticker" href="https://www.benzinga.com/stock/BTO#TSX">BTO</a>) with a Sector Outperform and lowers the price target from C$5.5 to C$5.</p>


TSX:BTO

Scotiabank Maintains Sector Outperform on B2Gold, Lowers Price Target to C$5

<p>Scotiabank  analyst Kevin Krishnaratne   maintains Shopify (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) with a Sector Perform and lowers the price target from $80 to $75.</p>


SHOP

Scotiabank Maintains Sector Perform on Shopify, Lowers Price Target to $75

<p>Deep-pocketed investors have adopted a bearish approach towards T-Mobile US (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in TMUS usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for T-Mobile US. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 37% leaning bullish and 62% bearish. Among these notable options, 2 are puts, totaling $110,700, and 6 are calls, amounting to $215,505.</p>
<h3>Projected Price Targets</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $145.0 to $190.0 for T-Mobile US over the last 3 months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for T-Mobile US's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across T-Mobile US's significant trades, within a strike price range of $145.0 to $190.0, over the past month.</p>
<h3>T-Mobile US 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1715283999_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>TMUS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$2.63</td>
<td>$2.45</td>
<td>$2.6</td>
<td>$145.00</td>
<td>$78.0K</td>
<td>4.7K</td>
<td>300</td>
</tr>
<tr>
<td>TMUS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$5.1</td>
<td>$4.8</td>
<td>$5.02</td>
<td>$190.00</td>
<td>$48.1K</td>
<td>2.3K</td>
<td>134</td>
</tr>
<tr>
<td>TMUS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$0.74</td>
<td>$0.72</td>
<td>$0.73</td>
<td>$165.00</td>
<td>$42.6K</td>
<td>16.8K</td>
<td>1.4K</td>
</tr>
<tr>
<td>TMUS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$0.88</td>
<td>$0.77</td>
<td>$0.78</td>
<td>$165.00</td>
<td>$36.8K</td>
<td>16.8K</td>
<td>1.7K</td>
</tr>
<tr>
<td>TMUS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$15.5</td>
<td>$14.4</td>
<td>$14.4</td>
<td>$175.00</td>
<td>$36.0K</td>
<td>190</td>
<td>25</td>
</tr>
</tbody>
</table>
</p>
<h3>About T-Mobile US</h3>
<p>Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, and that firm merged with Sprint in 2020, creating the second-largest wireless carrier in the U.S. T-Mobile now serves 76 million postpaid and 22 million prepaid phone customers, equal to around 30% of the U.S. retail wireless market. The firm entered the fixed-wireless broadband market aggressively in 2021 and now serves nearly 5 million residential and business customers. In addition, T-Mobile provides wholesale services to resellers.</p>
<p>After a thorough review of the options trading surrounding T-Mobile US, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Current Position of T-Mobile US</h3>
<ul>
<li>With a trading volume of 2,538,471, the price of TMUS is up by 0.88%, reaching $164.27.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 77 days from now.</li>
</ul>
<h3>Expert Opinions on T-Mobile US</h3>
<p>A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $191.66666666666666.</p>
<ul>
<li>An analyst from TD Cowen persists with their Buy rating on T-Mobile US, maintaining a target price of $202. </li>
<li>An analyst from RBC Capital persists with their Outperform rating on T-Mobile US, maintaining a target price of $188. </li>
<li>Consistent in their evaluation, an analyst from Keybanc keeps a Overweight rating on T-Mobile US with a target price of $185. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for T-Mobile US, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

TMUS

Behind the Scenes of T-Mobile US's Latest Options Trends

<p>Benzinga's options scanner has just identified more than 11 option transactions on American Express (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>), with a cumulative value of $1,053,955. Concurrently, our algorithms picked up 3 puts, worth a total of 266,435.</p>
<h3>Predicted Price Range</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $200.0 to $260.0 for American Express over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for American Express's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across American Express's significant trades, within a strike price range of $200.0 to $260.0, over the past month.</p>
<h3>American Express Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1715283994_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$20.8</td>
<td>$19.8</td>
<td>$20.75</td>
<td>$260.00</td>
<td>$622.5K</td>
<td>5.7K</td>
<td style="text-align: right;">340</td>
</tr>
<tr>
<td>AXP</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$13.05</td>
<td>$13.0</td>
<td>$13.0</td>
<td>$230.00</td>
<td>$130.0K</td>
<td>1.4K</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>AXP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$5.15</td>
<td>$5.05</td>
<td>$5.05</td>
<td>$230.00</td>
<td>$102.5K</td>
<td>720</td>
<td style="text-align: right;">220</td>
</tr>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$39.2</td>
<td>$38.45</td>
<td>$38.9</td>
<td>$240.00</td>
<td>$38.9K</td>
<td>7.9K</td>
<td style="text-align: right;">12</td>
</tr>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$34.2</td>
<td>$33.75</td>
<td>$34.2</td>
<td>$250.00</td>
<td>$34.2K</td>
<td>246</td>
<td style="text-align: right;">20</td>
</tr>
</tbody>
</table>
</p>
<h3>About American Express</h3>
<p>American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.</p>
<p>Following our analysis of the options activities associated with American Express, we pivot to a closer look at the company's own performance.</p>
<h3>Present Market Standing of American Express</h3>
<ul>
<li>Currently trading with a volume of 2,320,276, the AXP's price is up by 0.97%, now at $238.53. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 71 days.</li>
</ul>
<h3>What Analysts Are Saying About American Express</h3>
<p>5 market experts have recently issued ratings for this stock, with a consensus target price of $240.4.</p>
<ul>
<li>Consistent in their evaluation, an analyst from RBC Capital keeps a Outperform rating on American Express with a target price of $263. </li>
<li>An analyst from Baird has decided to maintain their Underperform rating on American Express, which currently sits at a price target of $205. </li>
<li>Maintaining their stance, an analyst from Evercore ISI Group continues to hold a In-Line rating for American Express, targeting a price of $255. </li>
<li>An analyst from RBC Capital has decided to maintain their Outperform rating on American Express, which currently sits at a price target of $253. </li>
<li>An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on American Express, which currently sits at a price target of $226. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for American Express with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


American Express Unusual Options Activity For May 09

<p>Financial giants have made a conspicuous bearish move on First Solar. Our analysis of options history for First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) revealed 10 unusual trades.</p>
<p>Delving into the details, we found 30% of traders were bullish, while 60% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $136,435, and 6 were calls, valued at $424,970.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $85.0 to $240.0 for First Solar over the last 3 months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for First Solar options trades today is 513.3 with a total volume of 241.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for First Solar's big money trades within a strike price range of $85.0 to $240.0 over the last 30 days.</p>
<h3>First Solar 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1715283989_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$8.0</td>
<td>$7.7</td>
<td>$7.7</td>
<td>$230.00</td>
<td>$203.2K</td>
<td>541</td>
<td style="text-align: right;">3</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$41.25</td>
<td>$40.5</td>
<td>$40.5</td>
<td>$190.00</td>
<td>$81.0K</td>
<td>33</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$115.45</td>
<td>$111.5</td>
<td>$113.08</td>
<td>$85.00</td>
<td>$56.5K</td>
<td>45</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$29.35</td>
<td>$28.95</td>
<td>$29.35</td>
<td>$200.00</td>
<td>$41.0K</td>
<td>2.2K</td>
<td style="text-align: right;">14</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/10/24</td>
<td>$4.5</td>
<td>$4.15</td>
<td>$4.5</td>
<td>$192.50</td>
<td>$34.6K</td>
<td>511</td>
<td style="text-align: right;">88</td>
</tr>
</tbody>
</table>
</p>
<h3>About First Solar</h3>
<p>First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.</p>
<p>After a thorough review of the options trading surrounding First Solar, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Where Is First Solar Standing Right Now?</h3>
<ul>
<li>With a volume of 809,870, the price of FSLR is up 1.33% at $193.25. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 77 days.</li>
</ul>
<h3>What The Experts Say On First Solar</h3>
<p>A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $231.6.</p>
<ul>
<li>An analyst from Wells Fargo has elevated its stance to Overweight, setting a new price target at $250. </li>
<li>An analyst from Janney Montgomery Scott downgraded its action to Buy with a price target of $236. </li>
<li>Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on First Solar with a target price of $248. </li>
<li>An analyst from B of A Securities has decided to maintain their Buy rating on First Solar, which currently sits at a price target of $194. </li>
<li>An analyst from Roth MKM downgraded its action to Buy with a price target of $230. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for First Solar with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


FSLR

This Is What Whales Are Betting On First Solar

Oil is trading higher following a rise in China April crude imports.

<p>Scotiabank  analyst Cameron Bean   maintains National Fuel Gas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NFG#NYSE">NFG</a>) with a Sector Outperform and raises the price target from $72 to $75.</p>


Scotiabank Maintains Sector Outperform on National Fuel Gas, Raises Price Target to $75

Offerings

AGNC

AGNC Investment Corp Files For Mixed Shelf; Size Not Disclosed

Gold and silver are trading higher amid a drop in Treasury yields.

<p>GLJ Research  analyst Gordon Johnson   reiterates Sunrun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) with a Sell.</p>


Reiteration

GLJ Research Reiterates Sell on Sunrun

ABEV

AZUL

ITUB

Shares of US-listed Brazilian stocks are trading lower following Brazil's Central Bank decision.

Artec Global Media