FT Vest U.S. Equity Deep Buffer ETF - February (BATS: DFEB)

Latest News for FT Vest U.S. Equity Deep Buffer ETF - February (BATS:DFEB)

FT Vest U.S. Equity Deep Buffer ETF - February

JMP Securities analyst Patrick Walravens reiterates NICE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NICE#NASDAQ">NICE</a>) with a Market Outperform and maintains $343 price target.

News

Price Target

Reiteration

Analyst Ratings

NICE

JMP Securities Reiterates Market Outperform on NICE, Maintains $343 Price Target

WIIM

Toll Brothers shares are trading higher amid strength in homebuilder stocks. Wells Fargo raised its price target on the stock from $142 to $150.

Loop Capital analyst Alton Stump maintains Jack In The Box (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JACK#NASDAQ">JACK</a>) with a Buy and lowers the price target from $118 to $112.

JACK

Loop Capital Maintains Buy on Jack In The Box, Lowers Price Target to $112

B of A Securities analyst Kevin Fischbeck maintains AMN Healthcare Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMN#NYSE">AMN</a>) with a Neutral and raises the price target from $61 to $65.

B of A Securities Maintains Neutral on AMN Healthcare Services, Raises Price Target to $65

JMP Securities analyst Jordan Bender reiterates Flutter Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLUT#NYSE">FLUT</a>) with a Market Outperform and maintains $246 price target.

FLUT

JMP Securities Reiterates Market Outperform on Flutter Entertainment, Maintains $246 Price Target

B of A Securities analyst Katherine Griffin maintains Cheesecake Factory (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAKE#NASDAQ">CAKE</a>) with a Neutral and raises the price target from $39 to $43.

CAKE

B of A Securities Maintains Neutral on Cheesecake Factory, Raises Price Target to $43

JMP Securities analyst Constantine Davides maintains OptimizeRx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPRX#NASDAQ">OPRX</a>) with a Market Outperform and raises the price target from $15 to $16.

OPRX

JMP Securities Maintains Market Outperform on OptimizeRx, Raises Price Target to $16

Baird analyst Rob Oliver maintains Aspen Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) with a Outperform and raises the price target from $210 to $230.

AZPN

Baird Maintains Outperform on Aspen Technology, Raises Price Target to $230

Loop Capital analyst Laura Champine maintains OneSpaWorld Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSW#NASDAQ">OSW</a>) with a Buy and raises the price target from $16 to $17.

Loop Capital Maintains Buy on OneSpaWorld Holdings, Raises Price Target to $17

Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) gets boosted by a promised Layer-2 solution building on top of it, boosting bullish outlooks <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38843588/millionaire-trader-up-7-figures-in-48-hours-on-gamestop-and-amc-meme-coins-on-solana">by cryptocurrency traders</a>.
What Happened: The Laïka project announced &#8220;the first Layer-2 truly built on top of Dogecoin.&#8221; It promises to <a href="https://twitter.com/Laika_Layer2/status/1790744641446330730" target="_blank" rel="noreferrer noopener">transform</a> the Dogecoin ecosystem by introducing smart contract capabilities, enhancing transaction speeds, reducing fees and facilitating interoperability with other networks.
Full-time trader Crypto Scient, in their latest tweet, note that once Dogecoin flips bullish and breaks the trend, there may be another meme coin mania like February. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a>, Once DOGE flips bullish and breaks the trend, we will see another meme coin mania similar to one we had in February. • Break and flip the trend trigger my long entry with Target around the red line (Key MSS level) • Break and flip the red line to support signals… <a href="https://t.co/yss6iw0OVH">pic.twitter.com/yss6iw0OVH</a>
&mdash; Scient (@Crypto_Scient) <a href="https://twitter.com/Crypto_Scient/status/1790676215256469561?ref_src=twsrc%5Etfw">May 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Another trader, MaxBecauseBTC, <a href="https://twitter.com/MaxBecauseBTC/status/1790741386569912336">muses</a> that Dogecoin and look great and that he is &#8220;fully deployed.&#8221; 
However, heavily followed crypto trader and investor Posty provides a rather cautious outlook on the meme coin. He states that despite being a &#8220;cursed coin&#8221; recently, it is &#8220;definitely worth keeping an eye on here.&#8221;
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38791789/why-its-perfect-time-for-dogecoin-to-target-0-22-according-to-this-trader">Why It&#8217;s &#8216;Perfect Time&#8217; For Dogecoin To Target $0.22, According To This Trader</a>
Why It Matters: IntoTheBlock <a href="https://app.intotheblock.com/">data</a> shows a surge in total exchange inflows to $41.4 million as of May 14, compared to $38.8 million as of May 13. While 81% of Dogecoin holders are currently making a profit, transactions greater than $100,000 remain stable at 470 from the prior day.
Large transaction volume also widened by 6.7% to $1.73 billion, while exchange netflows increased by 233.4% to $6.07 million.
The ecosystem upgrade comes in as a boost to Dogecoin, amid the optimistic outlook on the meme coin. 
n the past 24 hours, DOGE increased by 2.3% to breach the psychological mark of  $0.1504.
What&#8217;s Next: The influence of&nbsp;<a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a>&nbsp;is expected to be thoroughly explored at Benzinga&#8217;s upcoming&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. 
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38768456/what-does-technical-analysis-say-about-dogecoin-and-shiba-inu">What Does Technical Analysis Say About Dogecoin And Shiba Inu?</a>
Image: Shutterstock

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

Cryptocurrency

$DOGE

Dogecoin Layer-2 Developments Boost Trader Outlooks: 'Worth Keeping An Eye On Here'

Uber Technologies Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) is&nbsp;<a target="_blank" href="https://www.uber.com/newsroom/better-together/" rel="noreferrer noopener">rolling&nbsp;</a>out a shuttle service in the U.S. and expanding its delivery partnership with retailer&nbsp;Costco Wholesale Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>).
Uber is introducing a shuttle service called&nbsp;Uber Shuttle. This service will help users reserve a seat on a local shuttle service and join others heading to the same destination, such as sporting events, concerts, and airports.
The company launched a new feature,&nbsp;UberX Share, that lets schedule a shared ride in advance to save an average of 25% compared to UberX.
Customers can reserve&nbsp;seat&nbsp;in an UberX Share&nbsp;anytime&nbsp;from 10 minutes to 30 days&nbsp;ahead,&nbsp;and lock in the price.&nbsp;
The move is&nbsp;as&nbsp;part of a strategy aimed at attracting budget-conscious customers amid competition from rival&nbsp;Lyft Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>), according to a report from Reuters.
The shuttle service, facilitated through partnerships with local fleet operators, will utilize vehicles&nbsp;ranging from&nbsp;14 to 55 seats, the report added.
In its partnership with Costco, Uber Eats will offer additional discounts to Costco members in the U.S., along with a&nbsp;standing&nbsp;20% discount on the annual Uber One plan.&nbsp;
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/05/38809280/uber-spices-up-taiwans-food-delivery-scene-with-950m-foodpanda-deal-whats-on-the-menu" rel="noreferrer noopener">Uber Spices Up Taiwan&#8217;s Food Delivery Scene With $950M&nbsp;foodpanda&nbsp;Deal: What&#8217;s On The Menu?</a>
While Lyft does not offer shuttle services like Uber, it provides a Transit mode feature that allows users to access the schedules of nearby shuttles, trains, and ferries.&nbsp;
Both&nbsp;companies are navigating a mature North American market and&nbsp;are&nbsp;exploring new growth avenues such as advertising and subscription services, per the report.
UBER stock has gained nearly 74% in the last 12 months. Investors can gain exposure to the stock via&nbsp;IShares U.S. Transportation ETF&nbsp;(BATS:<a class="ticker" href="https://www.benzinga.com/stock/IYT#BATS">IYT</a>) and&nbsp;Fidelity Electric Vehicles And Future Transportation ETF&nbsp;(BATS:<a class="ticker" href="https://www.benzinga.com/stock/FDRV#BATS">FDRV</a>).
Price Action: UBER shares are trading higher by 1.47% at $66.28&nbsp;at the last check Wednesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Shutterstock

Equities

Media

General

COST

Fidelity Electric Vehicles and Future Transportation ETF

FDRV

iShares Dow Jones Transportation Average Index Fund

LYFT

UBER

Uber Launches Shuttle Service, Deepens Costco Ties

NIO shares are trading lower, reversing from earlier strength.

HC Wainwright &amp; Co. analyst Scott Buck maintains Intrusion (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTZ#NASDAQ">INTZ</a>) with a Neutral and lowers the price target from $3 to $2.5.

INTZ

HC Wainwright & Co. Maintains Neutral on Intrusion, Lowers Price Target to $2.5

Shares of Bolt Biotherapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOLT#NASDAQ">BOLT</a>) fell sharply during Wednesday's session after the company reported <a href="https://www.benzinga.com/quote/BOLT/earnings">first-quarter financial results</a>.
Bolt Biotherapeutics posted a GAAP loss of 28 cents per share on sales of $5.30 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
Also, Guggenheim analyst Michael Schmidt downgraded Bolt Biotherapeutics from Buy to Neutral, while Stifel analyst Stephen Willey downgraded the stock from Buy to Hold and lowered the price target from $6 to $1.5.
Bolt Biotherapeutics shares dipped 34.4% to $0.8652 on Wednesday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>AERWINS Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AWIN#NASDAQ">AWIN</a>) shares surged 201% to $8.16.</li>
<li>Sintx Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SINT#NASDAQ">SINT</a>) jumped 169% to $0.1449 after jumping over 41% on Tuesday. SINTX Technologies recently posted downbeat quarterly results.</li>
<li>Faraday Future Intelligent Electric Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIE#NASDAQ">FFIE</a>) jumped 87% to $0.5336 after jumping around 368% on Tuesday.</li>
<li>Edible Garden AG Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDBL#NASDAQ">EDBL</a>) climbed 53.2% to $6.54 following first-quarter results.</li>
<li>iPower Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPW#NASDAQ">IPW</a>) gained 53% to $1.36 after the company reported better-than-expected third-quarter financial results.</li>
<li>Selina Hospitality PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNA#NASDAQ">SLNA</a>) jumped 51% to $0.0850.</li>
<li>Greenwave Technology Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWAV#NASDAQ">GWAV</a>) shares gained 41% to $0.0627 after surging 7% on Tuesday.</li>
<li>Complete Solaria, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSLR#NASDAQ">CSLR</a>) gained 30.6% to $0.90. Complete Solaria signed a term sheet to eliminate Carlyle debt.</li>
<li>OptimizeRx Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPRX#NASDAQ">OPRX</a>) jumped 24% to $13.03 following upbeat quarterly results.</li>
<li>Blue Star Foods Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BSFC#NASDAQ">BSFC</a>) rose 23% to $0.0686.</li>
<li>monday.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>) jumped 21.5% to $220.93 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.</li>
<li>Telos Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLS#NASDAQ">TLS</a>) gained 21.4% to $3.85.</li>
<li>BioCryst Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCRX#NASDAQ">BCRX</a>) rose 20% to $6.44.</li>
<li>Arcutis Biotherapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARQT#NASDAQ">ARQT</a>) rose 16.5% to $9.47 after the company reported better-than-expected first-quarter financial results.</li>
<li>Dolphin Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLPN#NASDAQ">DLPN</a>) rose 15.4% to $1.2999 after the company reported a year-over-year increase in first-quarter financial results.</li>
<li>Codere Online Luxembourg, S.A. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDRO#NASDAQ">CDRO</a>) jumped 14.3% to $7.98 following first-quarter results.</li>
<li>Nutriband Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRB#NASDAQ">NTRB</a>) gained 13.5% to $4.34.</li>
<li>Riskified Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSKD#NYSE">RSKD</a>) jumped 12.8% to $6.05 following upbeat results.</li>
<li>Cabaletta Bio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CABA#NASDAQ">CABA</a>) gained 12.8% to $12.66 following first-quarter results.</li>
<li>Jeffs&#8217; Brands Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFBR#NASDAQ">JFBR</a>) jumped 12% to $0.2530.</li>
<li>B&amp;G Foods, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BGS#NYSE">BGS</a>) rose 11.5% to $9.53.</li>
<li>Crown ElectroKinetics Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRKN#NASDAQ">CRKN</a>) shares rose 11.2% to $0.0529.</li>
<li>Pineapple Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) gained 8.1% to $0.0637 after adding around 12% on Tuesday.</li>
<li>Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) rose 6% to $142.18 after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $128 to $152.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Virpax Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRPX#NASDAQ">VRPX</a>) shares fell 63.9% to $0.8199 after the company reported pricing of $2.25m public offering.</li>
<li>Yield10 Bioscience, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YTEN#NASDAQ">YTEN</a>) fell 49.4% to $2.66 after the company reported delisting from the Nasdaq.</li>
<li>Aethlon Medical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEMD#NASDAQ">AEMD</a>) fell 45.8% to $0.4604 after the company announced pricing of $4.7 million public offering.</li>
<li>Pixelworks, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PXLW#NASDAQ">PXLW</a>) dipped 40.2% to $1.1186 after the company issued soft second-quarter guidance.</li>
<li>GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) shares fell 31.9% to $33.22 following a 60% surge on Tuesday.</li>
<li>Koss Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KOSS#NASDAQ">KOSS</a>) dipped 31% to $4.24.</li>
<li>VirTra, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VTSI#NASDAQ">VTSI</a>) shares fell 30% to $11.49 after the company reported worse-than-expected first-quarter financial results.</li>
<li>MicroCloud Hologram Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) dipped 30.3% to $2.25.</li>
<li>SunPower Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPWR#NASDAQ">SPWR</a>) shares fell 29.6% to $3.0896. Wolfe Research analyst Steve Fleishman downgraded SunPower from Peer Perform to Underperform.</li>
<li>Intrusion Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTZ#NASDAQ">INTZ</a>) shares declined 28.7% to $1.84 after the company reported downbeat first-quarter sales.</li>
<li>DLocal Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLO#NASDAQ">DLO</a>) fell 27.5% to $9.84 after the company reported weaker-than-expected first-quarter earnings and said there is a greater likelihood of coming in towards the lower end of its guidance range.</li>
<li>AMC Entertainment Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) fell 26.3% to $5.04 after jumping 32% on Tuesday.</li>
<li>Maxeon Solar Technologies, Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAXN#NASDAQ">MAXN</a>) declined 25% to $2.7550.</li>
<li>The Oncology Institute, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOI#NASDAQ">TOI</a>) fell 24.4% to $0.6798 following weak quarterly results.</li>
<li>Cheetah Net Supply Chain Service Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTNT#NASDAQ">CTNT</a>) shares fell 23.2% to $4.92 after jumping 442% on Tuesday. The company priced a follow-on offering for gross proceeds of $8.19 million.</li>
<li>Nortech Systems Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSYS#NASDAQ">NSYS</a>) fell 21.1% to $11.97. Nortech Systems is expected to hold a conference call on Thursday, May 16, to discuss the company&#8217;s first quarter financial results.</li>
<li>Virgin Galactic Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPCE#NASDAQ">SPCE</a>) fell 16.5% to $1.06.</li>
<li>Novavax, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVAX#NASDAQ">NVAX</a>) declined 12.5% to $11.80.</li>
<li>Pulse Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLSE#NASDAQ">PLSE</a>) declined 12.1% to $6.74. Pulse Biosciences named Burke T. Barrett as President and Chief Executive Officer.</li>
<li>iRobot Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRBT#NASDAQ">IRBT</a>) fell 11.8% to $11.24.</li>
<li>BlackBerry Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>) fell 10.2% to $3.11.</li>
<li>Sunnova Energy International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOVA#NYSE">NOVA</a>) fell 9.9% to $4.8000.</li>
<li>NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) dipped 9.5% to $5.24. New reports indicate the company on Wednesday launched its first vehicle under its new Onvo brand.</li>
<li>Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) fell 8.7% to $10.22.</li>
<li>Petróleo Brasileiro S.A. &#8211; Petrobras (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBR#NYSE">PBR</a>) shares fell 8.3% to $15.30. Brazil's President Luiz Inacio Lula da Silva fired Jean Paul Prates, the CEO of Petrobras, following a dispute over dividend.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/05/38844468/jim-cramer-this-industrial-company-is-absolutely-terrific-recommends-buying-modine-manufacturing">Jim Cramer: This Industrial Company Is &#8216;Absolutely Terrific&#8217;, Recommends Buying Modine Manufacturing</a>

Intraday Update

Markets

Movers

AEMD

ARQT

AWIN

BCRX

BOLT

BSFC

CABA

CDRO

CRKN

CSLR

CTNT

DELL

DLPN

EDBL

FFIE

GWAV

MicroCloud Hologram Inc. - Ordinary Shares

HOLO

IRBT

JFBR

KOSS

Maxeon Solar Technologies, Ltd. - Ordinary Shares

MAXN

MNDY

NOVA

NSYS

NTRB

NVAX

PEGY

PLSE

PXLW

RIVN

RSKD

SINT

SLNA

SPCE

SPWR

VRPX

VTSI

YTEN

Why Bolt Biotherapeutics Shares Are Trading Lower By Around 34%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

The S&amp;P 500 and the Nasdaq 100 indices rose to fresh record highs during morning trading on Wednesday following a broadly in-line inflation report and cooler-than-expected retail sales data for April, as traders increased their rate cut bets.
Inflation calculated on the Consumer Price Index (CPI) basket came in at 3.4% year-on-year in April 2024, matching estimates and snapping a streak of three consecutive months of hotter-than-expected readings.
Market-implied probabilities on the Federal Reserve enacting a rate cut as early as September 2024 rose to over 70%, according to CME Group&#8217;s FedWatch Tool. Cumulatively, traders are now fully pricing in two rate cuts of 25 basis points by year end.
The rate-sensitive 2-year Treasury yields tumbled to 4.75%, down by 7 basis points, marking a notable break below its 200-day moving average.
The U.S. dollar fell across the board vis-à-vis other major currencies, with the greenback losing as much as 1% against the low-yielding Japanese yen.
Among sectors, both tech and real estate rallied the most, given their high sensitivity to interest rates. Top industry performers were homebuilders, as tracked by the iShares U.S. Home Construction ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITB#NYSE">ITB</a>), up 3.2%. Chipmakers, as tracked by the VanEck Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NYSE">SMH</a>) followed suit, up 2.2%. 
Small caps, as tracked by the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>), also rallied, up by 1%.
Meme-tied stocks, such as AMC Entertainment Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) and GameStop Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), plummeted 23% and 31%, respectively. Wednesday&#8217;s negative price actions caused the two stocks to retrace more than half of the wild bullish trend that began on Monday.
In the commodities space, precious metals soared with gold and silver up 1.3% and 3%, respectively. Crude softened 0.3%. 
Among cryptocurrencies, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) marked a 5.5% gain. 
<h3 class="wp-block-heading">Wednesday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,105.02</td>
<td>1.0%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,496.99</td>
<td>1.0%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,289.66</td>
<td>0.8%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,746.97</td>
<td>0.5%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:33 p.m. EDT </figcaption></figure>
The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) roared 0.9% to $528.94, the&nbsp;SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) was 0.6% up to $398.24 and the tech-heavy&nbsp;Invesco QQQ Trust&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) was up 1.2% to $451.04, according to&nbsp;<a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.&nbsp;
Sector-wise, the Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) and the Real Estate Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) outperformed, both up by 1.8%. The Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) was the only one trading in the red, down 0.1%.
<h3 class="wp-block-heading">Wednesday&#8217;s Stock Movers</h3>
<ul>
<li>Bitcoin-linked Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) rallied over 10%, after boasting a 5% surge on Tuesday. </li>
<li>Hertz Global Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) tanked nearly 10% after reports that the car-hire company could face liquidity challenges as early as next year. </li>
<li>Major EV players sold off substantially amid rumors China is contemplating a reaction to a U.S. tariffs increase. Both Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) and NIO Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) tumbled 9%, Lucid Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) plummeted 8%, XPeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) fell 4%, and Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) dropped by 1.3%.</li>
<li>Exxon Mobil Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) inched 0.5% higher, after Morgan Stanley updated its rating assessment to Overweight. </li>
<li>Petco Health &amp; Fitness Company Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOF#NASDAQ">WOOF</a>) rallied over 20% after the company introduced &nbsp;Glenn Murphy as executive chairman of its board, who formerly worked for Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) and Gap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPS#NYSE">GPS</a>)</li>
</ul>
Read now: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38850154/economists-react-to-inflation-retail-sales-the-soft-landing-narrative-is-still-a-po">Economists React To Inflation, Retail Sales: &#8216;The Soft Landing Narrative Is Still A Possibility But Not A Guarantee&#8217;</a>
Image generated using artificial intelligence via Midjourney.

Analyst Color

Large Cap

Macro Economic Events

Macro Notification

Market Summary

Sector ETFs

Bonds

Broad U.S. Equity ETFs

Specialty ETFs

Upgrades

New ETFs

Commodities

Currency ETFs

Econ #s

Economics

Federal Reserve

ETFs

$BTC

SPDR Dow Jones Industrial Average ETF Trust

iShares Dow Jones US Homenstruction Index Fund

LCID

LULU

SMCI

TSLA

WOOF

XLRE

XPEV

Wall Street Jumps To All-Time Highs On Soft Inflation, Bond Yields Tumble, Bitcoin Soars, Meme Stocks Face Carnage: What's Driving Markets Wednesday?

Management

Exxon Accuses Glass Lewis Of Conflict Of Interest In Proxy

RBC Capital analyst Maurice Choy maintains Keyera (TSX:<a class="ticker" href="https://www.benzinga.com/stock/KEY#TSX">KEY</a>) with a Outperform and raises the price target from C$38 to C$41.

TSX:KEY

RBC Capital Maintains Outperform on Keyera, Raises Price Target to C$41

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Health Care sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CVS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/07/24</td>
<td>$56.00</td>
<td>$38.2K</td>
<td>765</td>
<td>2.1K</td>
</tr>
<tr>
<td>BMRN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$90.00</td>
<td>$27.8K</td>
<td>276</td>
<td>1.9K</td>
</tr>
<tr>
<td>JAZZ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$110.00</td>
<td>$37.3K</td>
<td>129</td>
<td>276</td>
</tr>
<tr>
<td>NVCR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$25.00</td>
<td>$25.3K</td>
<td>446</td>
<td>220</td>
</tr>
<tr>
<td>BSX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$62.50</td>
<td>$37.4K</td>
<td>206</td>
<td>138</td>
</tr>
<tr>
<td>PFE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$27.00</td>
<td>$26.9K</td>
<td>7.4K</td>
<td>128</td>
</tr>
<tr>
<td>LLY</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/21/24</td>
<td>$780.00</td>
<td>$61.6K</td>
<td>382</td>
<td>115</td>
</tr>
<tr>
<td>UNH</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/28/24</td>
<td>$520.00</td>
<td>$36.7K</td>
<td>15</td>
<td>114</td>
</tr>
<tr>
<td>JNJ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/07/24</td>
<td>$150.00</td>
<td>$30.0K</td>
<td>115</td>
<td>103</td>
</tr>
<tr>
<td>MRK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$120.00</td>
<td>$56.7K</td>
<td>4.4K</td>
<td>62</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding CVS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>), we observe a call option trade with bearish sentiment. It expires in 23 day(s) on June 7, 2024. Parties traded 330 contract(s) at a $56.00 strike. The total cost received by the writing party (or parties) was $38.2K, with a price of $116.0 per contract. There were 765 open contracts at this strike prior to today, and today 2101 contract(s) were bought and sold. 
• Regarding BMRN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMRN#NASDAQ">BMRN</a>), we observe a call option sweep with bearish sentiment. It expires in 128 day(s) on September 20, 2024. Parties traded 105 contract(s) at a $90.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $265.0 per contract. There were 276 open contracts at this strike prior to today, and today 1969 contract(s) were bought and sold. 
• For JAZZ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAZZ#NASDAQ">JAZZ</a>), we notice a put option sweep that happens to be bearish, expiring in 37 day(s) on June 21, 2024. This event was a transfer of 89 contract(s) at a $110.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $37.3K, with a price of $420.0 per contract. There were 129 open contracts at this strike prior to today, and today 276 contract(s) were bought and sold. 
• Regarding NVCR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVCR#NASDAQ">NVCR</a>), we observe a call option sweep with neutral sentiment. It expires in 128 day(s) on September 20, 2024. Parties traded 110 contract(s) at a $25.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $25.3K, with a price of $230.0 per contract. There were 446 open contracts at this strike prior to today, and today 220 contract(s) were bought and sold. 
• For BSX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>), we notice a put option sweep that happens to be bullish, expiring in 611 day(s) on January 16, 2026. This event was a transfer of 129 contract(s) at a $62.50 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $37.4K, with a price of $290.0 per contract. There were 206 open contracts at this strike prior to today, and today 138 contract(s) were bought and sold. 
• Regarding PFE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>), we observe a call option sweep with bullish sentiment. It expires in 93 day(s) on August 16, 2024. Parties traded 100 contract(s) at a $27.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $26.9K, with a price of $266.0 per contract. There were 7459 open contracts at this strike prior to today, and today 128 contract(s) were bought and sold. 
• For LLY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>), we notice a put option trade that happens to be neutral, expiring in 37 day(s) on June 21, 2024. This event was a transfer of 29 contract(s) at a $780.00 strike. The total cost received by the writing party (or parties) was $61.6K, with a price of $2125.0 per contract. There were 382 open contracts at this strike prior to today, and today 115 contract(s) were bought and sold. 
• For UNH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>), we notice a call option trade that happens to be neutral, expiring in 44 day(s) on June 28, 2024. This event was a transfer of 30 contract(s) at a $520.00 strike. The total cost received by the writing party (or parties) was $36.7K, with a price of $1224.0 per contract. There were 15 open contracts at this strike prior to today, and today 114 contract(s) were bought and sold. 
• For JNJ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>), we notice a call option trade that happens to be bearish, expiring in 23 day(s) on June 7, 2024. This event was a transfer of 100 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $300.0 per contract. There were 115 open contracts at this strike prior to today, and today 103 contract(s) were bought and sold. 
• For MRK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>), we notice a call option trade that happens to be bearish, expiring in 2 day(s) on May 17, 2024. This event was a transfer of 50 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $56.7K, with a price of $1135.0 per contract. There were 4433 open contracts at this strike prior to today, and today 62 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

BMRN

JAZZ

NVCR

10 Health Care Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$185.00</td>
<td>$71.6K</td>
<td>31.3K</td>
<td>187.1K</td>
</tr>
<tr>
<td>GME</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$40.00</td>
<td>$28.6K</td>
<td>2.3K</td>
<td>20.6K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/24/24</td>
<td>$185.00</td>
<td>$32.1K</td>
<td>4.2K</td>
<td>17.2K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$25.3K</td>
<td>114.2K</td>
<td>14.3K</td>
</tr>
<tr>
<td>TCOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$65.00</td>
<td>$350.0K</td>
<td>2</td>
<td>7.5K</td>
</tr>
<tr>
<td>RIVN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$10.00</td>
<td>$40.0K</td>
<td>42.1K</td>
<td>5.8K</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$145.00</td>
<td>$244.0K</td>
<td>670</td>
<td>1.6K</td>
</tr>
<tr>
<td>ASO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/21/24</td>
<td>$57.50</td>
<td>$220.0K</td>
<td>200</td>
<td>1.1K</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$95.00</td>
<td>$820.0K</td>
<td>1.1K</td>
<td>1.0K</td>
</tr>
<tr>
<td>PENN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$12.50</td>
<td>$58.9K</td>
<td>2.7K</td>
<td>530</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on May 17, 2024. This event was a transfer of 2757 contract(s) at a $185.00 strike. This particular call needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $71.6K, with a price of $26.0 per contract. There were 31334 open contracts at this strike prior to today, and today 187175 contract(s) were bought and sold. 
• Regarding GME (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on May 17, 2024. Parties traded 63 contract(s) at a $40.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $457.0 per contract. There were 2313 open contracts at this strike prior to today, and today 20658 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on May 24, 2024. Parties traded 120 contract(s) at a $185.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $32.1K, with a price of $266.0 per contract. There were 4282 open contracts at this strike prior to today, and today 17232 contract(s) were bought and sold. 
• For NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we notice a call option trade that happens to be neutral, expiring in 247 day(s) on January 17, 2025. This event was a transfer of 550 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $25.3K, with a price of $46.0 per contract. There were 114227 open contracts at this strike prior to today, and today 14300 contract(s) were bought and sold. 
• Regarding TCOM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCOM#NASDAQ">TCOM</a>), we observe a call option trade with bearish sentiment. It expires in 401 day(s) on June 20, 2025. Parties traded 500 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $350.0K, with a price of $700.0 per contract. There were 2 open contracts at this strike prior to today, and today 7521 contract(s) were bought and sold. 
• Regarding RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on May 17, 2024. Parties traded 1000 contract(s) at a $10.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $40.0K, with a price of $41.0 per contract. There were 42151 open contracts at this strike prior to today, and today 5874 contract(s) were bought and sold. 
• Regarding CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we observe a call option trade with bearish sentiment. It expires in 37 day(s) on June 21, 2024. Parties traded 800 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $244.0K, with a price of $305.0 per contract. There were 670 open contracts at this strike prior to today, and today 1660 contract(s) were bought and sold. 
• For ASO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>), we notice a call option trade that happens to be neutral, expiring in 37 day(s) on June 21, 2024. This event was a transfer of 1000 contract(s) at a $57.50 strike. The total cost received by the writing party (or parties) was $220.0K, with a price of $220.0 per contract. There were 200 open contracts at this strike prior to today, and today 1129 contract(s) were bought and sold. 
• For W (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), we notice a call option trade that happens to be bearish, expiring in 247 day(s) on January 17, 2025. This event was a transfer of 1000 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $820.0K, with a price of $820.0 per contract. There were 1128 open contracts at this strike prior to today, and today 1014 contract(s) were bought and sold. 
• Regarding PENN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>), we observe a put option sweep with bullish sentiment. It expires in 247 day(s) on January 17, 2025. Parties traded 479 contract(s) at a $12.50 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $58.9K, with a price of $123.0 per contract. There were 2782 open contracts at this strike prior to today, and today 530 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMZN

CVNA

PENN

TCOM

10 Consumer Discretionary Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$950.00</td>
<td>$32.3K</td>
<td>22.9K</td>
<td>83.6K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/17/24</td>
<td>$182.50</td>
<td>$32.0K</td>
<td>16.4K</td>
<td>3.3K</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$285.00</td>
<td>$34.4K</td>
<td>2.4K</td>
<td>3.0K</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$150.00</td>
<td>$51.7K</td>
<td>17.3K</td>
<td>2.6K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/24/24</td>
<td>$900.00</td>
<td>$459.9K</td>
<td>518</td>
<td>2.6K</td>
</tr>
<tr>
<td>NTGR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$10.00</td>
<td>$74.0K</td>
<td>1</td>
<td>2.6K</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$110.00</td>
<td>$340.5K</td>
<td>2.1K</td>
<td>1.3K</td>
</tr>
<tr>
<td>APP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/31/24</td>
<td>$77.00</td>
<td>$51.9K</td>
<td>3</td>
<td>1.1K</td>
</tr>
<tr>
<td>CLSK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$25.00</td>
<td>$383.4K</td>
<td>6.7K</td>
<td>942</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$80.00</td>
<td>$175.0K</td>
<td>2.2K</td>
<td>771</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on May 17, 2024. This event was a transfer of 34 contract(s) at a $950.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $32.3K, with a price of $950.0 per contract. There were 22916 open contracts at this strike prior to today, and today 83637 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option trade that happens to be neutral, expiring in 2 day(s) on May 17, 2024. This event was a transfer of 40 contract(s) at a $182.50 strike. The total cost received by the writing party (or parties) was $32.0K, with a price of $802.0 per contract. There were 16468 open contracts at this strike prior to today, and today 3311 contract(s) were bought and sold. 
• Regarding CRM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on May 17, 2024. Parties traded 125 contract(s) at a $285.00 strike. This particular call needed to be split into 118 different trades to become filled. The total cost received by the writing party (or parties) was $34.4K, with a price of $275.0 per contract. There were 2489 open contracts at this strike prior to today, and today 3032 contract(s) were bought and sold. 
• Regarding TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on May 17, 2024. Parties traded 90 contract(s) at a $150.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $51.7K, with a price of $575.0 per contract. There were 17378 open contracts at this strike prior to today, and today 2689 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a call option trade that happens to be bullish, expiring in 9 day(s) on May 24, 2024. This event was a transfer of 80 contract(s) at a $900.00 strike. The total cost received by the writing party (or parties) was $459.9K, with a price of $5749.0 per contract. There were 518 open contracts at this strike prior to today, and today 2671 contract(s) were bought and sold. 
• Regarding NTGR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>), we observe a call option trade with bearish sentiment. It expires in 128 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $74.0K, with a price of $370.0 per contract. There were 1 open contracts at this strike prior to today, and today 2601 contract(s) were bought and sold. 
• Regarding ORCL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), we observe a call option trade with bullish sentiment. It expires in 2 day(s) on May 17, 2024. Parties traded 300 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $340.5K, with a price of $1135.0 per contract. There were 2153 open contracts at this strike prior to today, and today 1328 contract(s) were bought and sold. 
• Regarding APP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>), we observe a put option sweep with bullish sentiment. It expires in 16 day(s) on May 31, 2024. Parties traded 1154 contract(s) at a $77.00 strike. This particular put needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $51.9K, with a price of $45.0 per contract. There were 3 open contracts at this strike prior to today, and today 1157 contract(s) were bought and sold. 
• For CLSK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>), we notice a call option sweep that happens to be bullish, expiring in 247 day(s) on January 17, 2025. This event was a transfer of 880 contract(s) at a $25.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $383.4K, with a price of $435.0 per contract. There were 6775 open contracts at this strike prior to today, and today 942 contract(s) were bought and sold. 
• Regarding MRVL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), we observe a call option sweep with bearish sentiment. It expires in 247 day(s) on January 17, 2025. Parties traded 250 contract(s) at a $80.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $175.0K, with a price of $700.0 per contract. There were 2289 open contracts at this strike prior to today, and today 771 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.