 (CCETF), Quote.Headers.trade-ideas

Cal-Comp Electronics (Thailand) PCL is a Thailand-based company engaged in the manufacture of electronic products, such as computer and computer peripherals, telecommunication equipment, and automation equipment. The company has three reporting segments: Computer peripherals offer ink-jet printers, laser printers, multifunction printers, dot-matrix printers, external hard drives, and printed circuit board assemblies, Telecommunications products include set-top boxes and Bluetooth headsets, and Service income segment. Computer peripherals generate the majority of the company's revenue. The company serves markets in Thailand, the British Virgin Islands, Brazil, China, and the Philippines and the majority of its sales come from its customer base in Thailand.

Cal-Comp Electronics (Thailand) PCL Units Non-Voting Depository Receipt

Cal-Comp Electronics (Thailand) PCL

<p>Wells Fargo  analyst Michael Brown   maintains Hamilton Lane (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLNE#NASDAQ">HLNE</a>) with a Equal-Weight and raises the price target from $156 to $170.</p>


News

Price Target

Analyst Ratings

HLNE

Wells Fargo Maintains Equal-Weight on Hamilton Lane, Raises Price Target to $170

<p>Wells Fargo  analyst Michael Brown   maintains Franklin Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEN#NYSE">BEN</a>) with a Equal-Weight and lowers the price target from $20 to $19.</p>


Wells Fargo Maintains Equal-Weight on Franklin Resources, Lowers Price Target to $19

<p>O'Reilly Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>) has outperformed the market over the past 20 years by 14.38% on an annualized basis producing an average annual return of 22.92%. Currently, O'Reilly Automotive has a market capitalization of $68.61 billion. </p>
<p><strong>Buying $1000 In ORLY:</strong> If an investor had bought $1000 of ORLY stock 20 years ago, it would be worth <strong>$62,975.19</strong> today based on a price of $1182.14 for ORLY at the time of writing.</p>
<h3>O'Reilly Automotive's Performance Over Last 20 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1728487816_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Trading Ideas

ORLY

Here's How Much You Would Have Made Owning O'Reilly Automotive Stock In The Last 20 Years

<p>ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) has outperformed the market over the past 5 years by 13.52% on an annualized basis producing an average annual return of 27.51%. Currently, ServiceNow has a market capitalization of $190.31 billion. </p>
<p><strong>Buying $100 In NOW:</strong> If an investor had bought $100 of NOW stock 5 years ago, it would be worth <strong>$343.11</strong> today based on a price of $924.47 for NOW at the time of writing.</p>
<h3>ServiceNow's Performance Over Last 5 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1728487810_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


If You Invested $100 In This Stock 5 Years Ago, You Would Have $300 Today

<p>In the current market session, <strong>Commercial Metals Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMC#NYSE">CMC</a>)</strong> stock price is at $52.27, after a <strong>0.62%</strong> drop. However, over the past month, the company's stock increased by <strong>7.41%</strong>, and in the past year, by <strong>19.65%</strong>. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. </p>
<p>
</p><p><img src="https://www.benzinga.com/files/images/story/2024/1728487808_0.png" alt="Past Year Chart" /></p>

<h3>Evaluating Commercial Metals P/E in Comparison to Its Peers</h3>
<p>The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. </p>
<p>Commercial Metals has a lower P/E than the aggregate P/E of <strong>20.65</strong> of the Metals &amp; Mining industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. </p>
<p>
</p><p><img src="https://www.benzinga.com/files/images/story/2024/1728487808_1.png" alt="Guage" /></p>

<p>In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions. </p>


Intraday Update

Markets

Price Over Earnings Overview: Commercial Metals

CLIK

Click Holdings Shares Resume Trading

<p>Wells Fargo  analyst Michael Brown   maintains Brookfield Asset Mgmt (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAM#NYSE">BAM</a>) with a Underweight and raises the price target from $42 to $48.</p>


Wells Fargo Maintains Underweight on Brookfield Asset Mgmt, Raises Price Target to $48

<p>Wells Fargo  analyst Michael Brown   maintains Bridge Investment Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRDG#NYSE">BRDG</a>) with a Overweight and raises the price target from $11 to $11.5.</p>


BRDG

Wells Fargo Maintains Overweight on Bridge Investment Group, Raises Price Target to $11.5

<p>RBC Capital  analyst Brian Abrahams   maintains Vertex Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>) with a Sector Perform and raises the price target from $425 to $437.</p>


VRTX

RBC Capital Maintains Sector Perform on Vertex Pharmaceuticals, Raises Price Target to $437

<p>Wells Fargo  analyst Michael Brown   maintains Blue Owl Cap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OWL#NYSE">OWL</a>) with a Equal-Weight and raises the price target from $18.5 to $21.</p>


Wells Fargo Maintains Equal-Weight on Blue Owl Cap, Raises Price Target to $21

Click Holdings Ltd Shares Halted On Circuit Breaker To The Downside

<p><strong>Bitwise</strong> Chief Investment Officer <strong>Matt Hougan</strong> has outlined a &#8220;playbook&#8221; for <strong>Bitcoin</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) to reach $80,000 by the end of 2024, highlighting key factors that could drive the cryptocurrency <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41172369/bitcoin-not-a-safe-haven-but-rising-trump-odds-could-fuel-a-rally-standard-chartered">to new heights</a>.</p>
<p><strong>What Happened</strong>: In his <a href="https://experts.bitwiseinvestments.com/cio-memos/the-q4-melt-up-a-playbook-to-80k-bitcoin-and-beyond">memo</a> on Wednesday, Hougan reaffirms his prediction from last year, emphasizing that this forecast is conditional on several factors, primarily related to political, economic and crypto-specific developments.</p>
<p>Regarding the <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41214859/this-polymarket-trader-holds-6-4-million-in-donald-trump-election-bets-if-not-musk-definit">U.S. election</a>, Hougan suggests that any outcome other than a Democratic sweep would be favorable for Bitcoin. He notes, &#8220;To thrive, bitcoin doesn&#8217;t need politicians. It just needs them to get out of the way.&#8221; </p>
<p>Hougan cites Polymarket data showing a 20% probability of a Democratic sweep.</p>
<p>On the economic front, Hougan believes <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41223041/ny-fed-president-remains-confident-in-well-positioned-economy-for-soft-landing-amid">two rate cuts</a> from the Federal Reserve and additional global stimulus, particularly <a href="https://www.benzinga.com/markets/24/10/41207862/stimulus-fueled-china-stock-rally-set-to-fizzle">from China</a>, could propel Bitcoin&#8217;s growth. He points out that the market is already anticipating &#8220;an additional 50 bps in easing from the Federal Reserve by year&#8217;s end, and additional fiscal stimulus from China as well.&#8221;</p>
<p>The third crucial factor Hougan identifies is the absence of major negative surprises in the crypto space, such as <a href="https://www.benzinga.com/markets/asia/24/09/40712420/north-korean-hackers-escalate-crypto-heists-funds-stolen-double-to-1-6b">significant hacks</a> or lawsuits. He states, &#8220;If we can make it through the end of the year without similar shocks, I&#8217;d expect new all-time highs and beyond.&#8221;</p>
<p><figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/27091545/Benzinga-conference.gif" alt="Benzinga future of digital assets conference" class="wp-image-267246" /></a></figure></p>
<p><strong>Read Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41247885/maxine-waters-fuels-optimism-for-stablecoin-legislation-deal-with-chairman-mchenry-before-">Maxine Waters Fuels Optimism For Stablecoin Legislation Deal With Chairman McHenry Before 2024 Ends</a></strong></p>
<p>Hougan also suggests that a broader rally in the altcoin market could contribute to Bitcoin&#8217;s rise, potentially pushing it towards $100,000 in a short period. He draws parallels to the &#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/21/07/22198442/defi-summer-is-here-the-blockchain-is-heating-up">DeFi Summer</a>&#8221; of 2020, which generated excitement across the crypto sector.</p>
<p>Hougan concludes by highlighting Bitcoin&#8217;s strong performance in 2024 so far, noting its 49% increase and significant <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40916462/michael-saylor-bitcoin-to-hit-13m-by-2045-will-get-us-to-a-different-place">institutional adoption</a>. He remains confident in Bitcoin&#8217;s long-term prospects, stating, &#8220;All this suggests to me that we&#8217;ll get to $80,000 (and much more) next year, almost regardless of news developments.&#8221;</p>
<p><strong>What's Next:&nbsp;</strong>The influence of the election outcome on the cryptocurrency sector will be a central topic at the upcoming Benzinga&nbsp;<a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a>&nbsp;event on Nov. 19.</p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/41053101/maxine-waters-says-crypto-is-inevitable-other-countries-are-way-ahead-of-the-united-states">Maxine Waters Says &#8216;Crypto Is Inevitable,&#8217; Other Countries Are &#8216;Way Ahead&#8217; Of The United States</a></strong></li>
</ul>
<p><em>Image: Shutterstock</em></p>


Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

Bitcoin 'Playbook' Revealed: $80K By Year-End, Says Investment Expert

<p>Wells Fargo  analyst Michael Brown   maintains Blackstone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) with a Overweight and raises the price target from $163 to $169.</p>


Wells Fargo Maintains Overweight on Blackstone, Raises Price Target to $169

<p>Wells Fargo  analyst Michael Brown   maintains BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) with a Overweight and raises the price target from $1000 to $1070.</p>


Wells Fargo Maintains Overweight on BlackRock, Raises Price Target to $1070

<p>Wells Fargo  analyst Michael Brown   maintains Ares Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARES#NYSE">ARES</a>) with a Equal-Weight and raises the price target from $156 to $172.</p>


ARES

Wells Fargo Maintains Equal-Weight on Ares Management, Raises Price Target to $172

<p>RBC Capital  analyst Matthew Swanson    reiterates Zeta Global Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>) with a Outperform and maintains $34 price target.</p>


Reiteration

ZETA

RBC Capital Reiterates Outperform on Zeta Global Holdings, Maintains $34 Price Target

<p>Wells Fargo  analyst Michael Brown   maintains Apollo Global Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) with a Overweight and raises the price target from $148 to $149.</p>


Wells Fargo Maintains Overweight on Apollo Global Management, Raises Price Target to $149

<p>Financial giants have made a conspicuous bullish move on Delta Air Lines. Our analysis of options history for Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) revealed 17 unusual trades.</p>
<p>Delving into the details, we found 35% of traders were bullish, while 29% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $934,055, and 9 were calls, valued at $441,764.</p>
<h3>Predicted Price Range</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $35.0 and $75.0 for Delta Air Lines, spanning the last three months.</p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for Delta Air Lines options trades today is 1808.2 with a total volume of 10,139.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Delta Air Lines's big money trades within a strike price range of $35.0 to $75.0 over the last 30 days.</p>
<h3>Delta Air Lines 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1728487047_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>DAL</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$2.0</td>
<td>$1.96</td>
<td>$1.98</td>
<td>$50.00</td>
<td>$396.0K</td>
<td>5.4K</td>
<td>3.4K</td>
</tr>
<tr>
<td>DAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$3.2</td>
<td>$3.15</td>
<td>$3.2</td>
<td>$52.50</td>
<td>$224.9K</td>
<td>252</td>
<td>723</td>
</tr>
<tr>
<td>DAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$8.7</td>
<td>$8.55</td>
<td>$8.7</td>
<td>$52.50</td>
<td>$94.7K</td>
<td>299</td>
<td>290</td>
</tr>
<tr>
<td>DAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$1.93</td>
<td>$1.92</td>
<td>$1.92</td>
<td>$50.00</td>
<td>$85.2K</td>
<td>5.4K</td>
<td>1.4K</td>
</tr>
<tr>
<td>DAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$12.8</td>
<td>$12.65</td>
<td>$12.7</td>
<td>$45.00</td>
<td>$82.5K</td>
<td>405</td>
<td>65</td>
</tr>
</tbody>
</table>
</p>
<h3>About Delta Air Lines</h3>
<p>Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta has historically earned the greatest portion of its international revenue and profits from flying passengers over the Atlantic Ocean.</p>
<p>Following our analysis of the options activities associated with Delta Air Lines, we pivot to a closer look at the company's own performance.</p>
<h3>Delta Air Lines's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 3,021,834, the DAL's price is up by 1.77%, now at $51.52. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 1 days.</li>
</ul>
<h3>What The Experts Say On Delta Air Lines</h3>
<p>In the last month, 3 experts released ratings on this stock with an average target price of $61.333333333333336.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Consistent in their evaluation, an analyst from Bernstein keeps a Outperform rating on Delta Air Lines with a target price of $65.<br />
&#x2A; An analyst from Jefferies has decided to maintain their Buy rating on Delta Air Lines, which currently sits at a price target of $60.<br />
&#x2A; Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for Delta Air Lines, targeting a price of $59. </p>
<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 Delta Air Lines with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Options

Market Whales and Their Recent Bets on DAL Options

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Enphase Energy</strong>.</p>
<p>Looking at options history for Enphase Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) we detected 10 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 30% with bearish.</p>
<p>From the overall spotted trades, 6 are puts, for a total amount of $457,286 and 4, calls, for a total amount of $229,600.</p>
<h3>What's The Price Target?</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $100.0 and $145.0 for Enphase Energy, spanning the last three months.</p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Enphase Energy's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Enphase Energy's whale trades within a strike price range from $100.0 to $145.0 in the last 30 days. </p>
<h3>Enphase Energy Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1728487041_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</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>ENPH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$1.53</td>
<td>$1.44</td>
<td>$1.5</td>
<td>$110.00</td>
<td>$120.0K</td>
<td>2.3K</td>
<td style="text-align: right;">999</td>
</tr>
<tr>
<td>ENPH</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$39.25</td>
<td>$38.25</td>
<td>$38.6</td>
<td>$135.00</td>
<td>$104.2K</td>
<td>46</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ENPH</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$46.95</td>
<td>$46.0</td>
<td>$46.2</td>
<td>$145.00</td>
<td>$101.6K</td>
<td>305</td>
<td style="text-align: right;">22</td>
</tr>
<tr>
<td>ENPH</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$32.05</td>
<td>$31.3</td>
<td>$31.45</td>
<td>$125.00</td>
<td>$81.7K</td>
<td>93</td>
<td style="text-align: right;">26</td>
</tr>
<tr>
<td>ENPH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$9.15</td>
<td>$7.75</td>
<td>$7.76</td>
<td>$100.00</td>
<td>$79.5K</td>
<td>1.5K</td>
<td style="text-align: right;">44</td>
</tr>
</tbody>
</table>
</p>
<h3>About Enphase Energy</h3>
<p>Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States.</p>
<p>In light of the recent options history for Enphase Energy, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Enphase Energy's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 563,761, the ENPH's price is down by -0.1%, now at $104.06. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 13 days.</li>
</ul>
<h3>What The Experts Say On Enphase Energy</h3>
<p>A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $102.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Guggenheim has decided to maintain their Sell rating on Enphase Energy, which currently sits at a price target of $90.<br />
&#x2A; An analyst from BMO Capital has decided to maintain their Market Perform rating on Enphase Energy, which currently sits at a price target of $114. </p>
<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 Enphase Energy, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


ENPH

This Is What Whales Are Betting On Enphase Energy

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Apple</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AAPL, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 36 uncommon options trades for Apple.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 55% bullish and 33%, bearish.</p>
<p>Out of all of the special options we uncovered, 10 are puts, for a total amount of $648,867, and 26 are calls, for a total amount of $1,697,202.</p>
<h3>Expected Price Movements</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $105.0 to $245.0 for Apple during the past quarter. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of Apple stands at 16133.47, with a total volume reaching 268,892.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Apple, situated within the strike price corridor from $105.0 to $245.0, throughout the last 30 days.</p>
<h3>Apple Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1728487036_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>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$3.3</td>
<td>$3.25</td>
<td>$3.29</td>
<td>$245.00</td>
<td>$460.6K</td>
<td>10.1K</td>
<td>1.4K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$0.47</td>
<td>$0.45</td>
<td>$0.45</td>
<td>$220.00</td>
<td>$127.8K</td>
<td>35.3K</td>
<td>4.1K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$3.85</td>
<td>$3.75</td>
<td>$3.8</td>
<td>$225.00</td>
<td>$125.7K</td>
<td>24.8K</td>
<td>866</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$0.64</td>
<td>$0.63</td>
<td>$0.63</td>
<td>$217.50</td>
<td>$123.7K</td>
<td>6.3K</td>
<td>2.2K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$2.16</td>
<td>$2.15</td>
<td>$2.16</td>
<td>$230.00</td>
<td>$108.0K</td>
<td>42.7K</td>
<td>4.8K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Apple</h3>
<p>Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.</p>
<p>Following our analysis of the options activities associated with Apple, we pivot to a closer look at the company's own performance.</p>
<h3>Where Is Apple Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 9,203,136, the AAPL's price is up by 0.85%, now at $227.68. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 22 days.</li>
</ul>
<h3>What The Experts Say On Apple</h3>
<p>In the last month, 5 experts released ratings on this stock with an average target price of $238.2.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from B of A Securities has decided to maintain their Buy rating on Apple, which currently sits at a price target of $256.<br />
&#x2A; An analyst from Piper Sandler has revised its rating downward to Neutral, adjusting the price target to $225.<br />
&#x2A; An analyst from Needham downgraded its action to Buy with a price target of $260.<br />
&#x2A; In a cautious move, an analyst from Piper Sandler downgraded its rating to Neutral, setting a price target of $225.<br />
&#x2A; Reflecting concerns, an analyst from New Street Research lowers its rating to Neutral with a new price target of $225.</p>
<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 Apple, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


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