Latest News for Ellaktor Stock (OTC:ELLKF)

Ellaktor SA is an international holding group based in Greece with long-term investments in key fields, including construction, environment, and participation in concession projects. It operates mainly in constructions and quarrying, real estate development and management, wind power and environment, and concession sectors. The group operates in over 25 countries across the world. The company operates in five business segments, Construction, Concessions, Environment, Renewable Energy Sources and Real Estate Development & Services. Most of the revenue is generated from Construction & Quarries segment.

Ellaktor SA

WIIM

ATSG

Air Transport Services Group shares are trading higher following Q1 financial results. The company also announced an expansion of its operations in the Amazon Air network.

Needham analyst Serge Belanger reiterates Esperion Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESPR#NASDAQ">ESPR</a>) with a Buy and maintains $8 price target.

News

Price Target

Reiteration

Analyst Ratings

ESPR

Needham Reiterates Buy on Esperion Therapeutics, Maintains $8 Price Target

Citigroup analyst Steven Zaccone maintains Chewy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) with a Neutral and lowers the price target from $18 to $16.

CHWY

Citigroup Maintains Neutral on Chewy, Lowers Price Target to $16

XPEV

Shares of Chinese EV stocks are trading lower amid broader weakness in US-listed Chinese stocks. Additionally, Tesla's China sales reportedly fell in April.

Needham analyst Matt McGinley reiterates Ascend Wellness Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/AAWH#OTC">AAWH</a>) with a Hold.

AAWH

Needham Reiterates Hold on Ascend Wellness Holdings

Citigroup analyst Steven Zaccone maintains Best Buy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) with a Sell and lowers the price target from $76 to $67.

Citigroup Maintains Sell on Best Buy Co, Lowers Price Target to $67

BSGM

On May 6, 2024, BioSig Technologies Was Notified The Company Has Regained Compliance With Bid Price Requirements

Needham analyst Laura Martin reiterates Walt Disney (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) with a Buy and maintains $145 price target.

Needham Reiterates Buy on Walt Disney, Maintains $145 Price Target

Citigroup analyst Steven Zaccone maintains AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) with a Buy and lowers the price target from $3505 to $3420.

Citigroup Maintains Buy on AutoZone, Lowers Price Target to $3420

Cryptocurrency trader 0xsmac on Tuesday challenged the prevailing notion that the crypto market is nearing the <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38620416/arthur-hayes-sees-bitcoin-bottom-in-predicts-range-bound-price-action-until-august">middle or end of its current cycle</a>, pointing instead to a variety of data points to claim that it is still in its early stages.
What Happened: &#8220;The perception of the cycle being out of order is skewing how people view the market,&#8221; writes 0xsmac in a Substack <a href="http://variety of data points">article</a>, referencing the frustration some investors felt by missing out on early gains in assets like Solana. He believes this psychological factor is warping current sentiment.
The recent approval of a Bitcoin ETF is a significant development, but 0xsmac emphasizes that access for retail investors through major investment firms, such as wirehouses, hasn&#8217;t materialized yet.
This vast pool of potential capital remains on the sidelines.
0SMAC acknowledges institutional inflows, but states they haven&#8217;t reached their full potential yet. He points to 13F filings as evidence that advisors are gradually incorporating Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) ETFs into client portfolios.
&#8220;Massive new pools of institutional capital now have legitimate access to this asset class,&#8221; he explains, suggesting a profound shift in market structure akin to &#8220;tectonic plates&#8221; in their slow but impactful movement.
Despite the influx of institutional money, 0xSmac is keen to point out the continuing relevance of retail investors and newer platforms.
<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>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38673422/binance-ceo-calls-for-colleagues-release-amid-standoff-with-nigeria">Binance CEO Calls For Colleague&#8217;s Release Amid Standoff With Nigeria</a>
He mentions the recent halving event which reduced Bitcoin supply, and the divergence in Google trend data and Coinbase app store rankings from past bull markets.
These indicators suggest a more subdued level of retail frenzy, which could mean that the market is not as overheated as previous cycles.
The crypto trader is also not shy about calling out the unpredictability and new developments in the market, particularly with the advent of memecoins and the broader spread of capital across different cryptocurrencies. 
&#8220;This isn't supposed to happen yet,&#8221; he reflects on the unexpected market movements, emphasizing the uncharted territory that the market is currently navigating.
Looking towards the future, 0xSmac remains &#8220;turbo optimistic,&#8221; estimating that we are about 1/3 of the way through the current cycle.
His narrative suggests that while the market has its complexities, the underlying trends indicate a robust appetite for digital assets, pointing towards a cycle that may still have considerable room to grow.
What&#8217;s Next: As the market continues to develop, Benzinga&#8217;s upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19 will provide a pivotal platform for industry leaders and investors to discuss these trends and their implications for the future of cryptocurrencies.
This gathering is timely, offering a space for critical insights and strategic discussions that align with the <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38670272/crypto-crackdown-coming-cftc-chair-predicts-enforcement-surge">ongoing evolution of the market</a> as outlined by influential traders like 0xSmac.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38672190/crypto-an-outsized-piece-of-the-scams-and-problems-in-markets-gary-gensler">Crypto &#8216;An Outsized Piece Of The Scams And Problems&#8217; In Markets: Gary Gensler</a>
Image: Shutterstock

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

Cryptocurrency

$BTC

This Crypto Analyst Remains 'Turbo Optimistic,' Claims 'We're About 1/3 Through' The Bull Run

SNOW

Snowflake shares are trading lower in possible sympathy with Datadog, which dropped after reporting Q1 earnings.

Needham analyst Bernie McTernan reiterates Maplebear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CART#NASDAQ">CART</a>) with a Hold.

CART

Needham Reiterates Hold on Maplebear

Datadog, Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>)&nbsp;stock dropped after it reported its&nbsp;quarterly results on&nbsp;Tuesday.
The company&nbsp;clocked&nbsp;fiscal first-quarter revenue&nbsp;growth of 27% year-on-year&nbsp;to $611.3 million, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/n38664233/datadog-announces-first-quarter-2024-financial-results" rel="noreferrer noopener">analyst consensus estimate of $591.3 million</a>.
Adjusted EPS of $0.44 beat the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate of $0.35</a>.&nbsp;
As of March 31, 2024, Datadog had 3,340 customers with an ARR of $100,000 or more, increasing 15% Y/Y.
The adjusted gross margin expanded by 300 bps to 83%. The&nbsp;adjusted operating margin increased by 900 bps to 27%.&nbsp;
Datadog held cash and equivalents of $2.8 billion as of&nbsp;March 31, 2024, generating $186.7 million in free cash flow.
The company announced that Amit Agarwal&nbsp;will depart as&nbsp;President,&nbsp;after which he will&nbsp;join the company&#8217;s board. He remain in his role as President until the end of 2024.
Datadog announced the general availability of IT Event Management to AIOps capabilities in Q1. With Event Management, Datadog intelligently consolidates, correlates, and enriches event alerts from Datadog and third-party tools into one consistent view&nbsp;so&nbsp;teams get the full context of an incident and can proactively discover, understand, and resolve issues.
Outlook: Datadog expects second-quarter revenue of $620.00 million&nbsp;&#8211; $624.00&nbsp;million versus the consensus of $620.62 million.&nbsp;It projects an adjusted EPS of $0.34 &#8211; $0.36 versus the&nbsp;consensus of $0.35.
Datadog expects fiscal 2024 revenue of $2.59 billion&nbsp;&#8211;&nbsp;$2.61 billion (<a target="_blank" href="https://www.benzinga.com/news/earnings/24/02/37101700/why-is-datadog-stock-trading-lower-tuesday" rel="noreferrer noopener">prior $2.555 billion-$2.575 billion</a>) versus the consensus of $2.58 billion. It projects an adjusted EPS of $1.51&nbsp;&#8211;&nbsp;$1.57 (prior $1.38 – $1.44) versus the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus of $1.45</a>.
Datadog&nbsp;stock gained 46% in the last 12 months. Investors can gain exposure to the stock via&nbsp;WisdomTree Cybersecurity Fund&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WCBR#NASDAQ">WCBR</a>) and&nbsp;TrueShares Technology, AI &amp; Deep Learning ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LRNZ#NYSE">LRNZ</a>).
Price Action: DDOG shares traded lower by 10.20% at $114.04 at the last check Tuesday.
Image by rafapress via Shutterstock

Earnings

Guidance

Movers

Tech

DDOG

LRNZ

WCBR

Why Datadog Stock Tanked After Q1 Earnings?

HC Wainwright &amp; Co. analyst Ed Arce maintains Enanta Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENTA#NASDAQ">ENTA</a>) with a Buy and lowers the price target from $28 to $27.

ENTA

HC Wainwright & Co. Maintains Buy on Enanta Pharma, Lowers Price Target to $27

<div class="wp-block-group is-layout-constrained wp-block-group-is-layout-constrained">
The recent rebound in U.S. immigration levels has surpassed pre-Covid-19 pandemic <a href="https://www.benzinga.com/topic/covid-19">trends by 1.8 million</a>.
And yet, the U.S. economy avoided overheating as immigration helped stabilize wages and inflation, <a href="https://www.benzinga.com/topic/economics">according to Goldman Sachs. </a>
Traditionally, immigration influences both the supply and demand sides of an economy. It affects production and consumption alike, Goldman Sachs economists Elsie Peng and David Mericle stated in a recent note.
See Also: <a href="https://www.benzinga.com/24/05/38651903/developed-countries-need-immigrants-but-housing-just-isnt-enough-report">Developed Countries Need Immigrants, But Housing Just Isn&#8217;t Enough</a>
Prior studies show that moderate fluctuations in immigration levels do not significantly impact wages and inflation in stable economies.
</div>
And immigration collapsed at the start of the pandemic. Wage growth and inflation consequently surged amid labor market tightness. However, the subsequent immigration surge brought these metrics down, Peng and Mericle wrote.
This sharp turnaround in immigration levels came when the U.S. labor market was exceptionally tight, particularly at the lower end of the wage spectrum.
From August 2021 to May 2022, wage growth in the leisure and hospitality sectors soared to double-digit rates. That starkly contrasts the sub-5% increases seen in the previous decade, reflecting a significant imbalance in labor demand and supply.
Shares of online marketplace for professional services such as Fiverr International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FVRR#NYSE">FVRR</a>) and Upwork Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPWK#NASDAQ">UPWK</a>) witnessed a staggering rally during phases of extreme pandemic-related labor market tightness.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="495" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/07104144/image-44-1024x495.png" alt="" class="wp-image-326324" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/07104144/image-44-1024x495.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/07104144/image-44-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/07104144/image-44-768x372.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/07104144/image-44-1536x743.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/07104144/image-44.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">Immigrant Influx Led To Labor Market Rebalance</h3>
Peng and Mericle argue that a large influx of mainly low-wage labor helped fill crucial gaps in industries with significant shortages, such as leisure and hospitality. This, in turn, helped stabilize extreme wage and price pressures in these sectors.
Using city- and state-level data, the economists found that immigration&#8217;s impact on wage growth is generally negligible when the labor market is balanced. 
The impact becomes more pronounced in scenarios where large jobs-workers gaps exist, contributing to a decrease in wage growth by approximately 0.3 percentage points overall, and even more in sectors like leisure and hospitality.
&#8220;We find that immigration tends to raise local housing inflation but dampen inflation modestly in other categories. As with wage growth, the impact on inflation outside housing is more negative when the labor market is initially very tight,&#8221; economists wrote.
Looking ahead, U.S. immigration levels are expected to stabilize, with potential declines post-2024 depending on electoral outcomes. However, this normalization might not pose a significant risk to wage growth and inflation forecasts.
&#8220;The labor market now back in better balance,&#8221; making it less sensitive to fluctuations in immigration. Furthermore, &#8220;the inflation shocks of 2020-2022 amplified one another, meaning that any one of them occurring again today—including another drop-off in immigration—would have less impact in isolation.&#8221;
Despite potential moderation in immigration rates, the U.S. is anticipated to see immigration remain significantly above pre-pandemic trends in 2024. 
This continued flow of immigrants is expected to positively impact job creation and GDP growth. Goldman Sachs projects that immigration could increase potential job growth by 50,000 to 125,000 per month. It can also raise short-term potential GDP growth between 0.25 and 2 percentage points.
Now Read: <a href="https://www.benzinga.com/news/24/05/38634919/texas-governor-abbotts-anti-immigration-measures-spark-environmental-crisis-along-texas-mexico-borde">Texas Governor Abbott&#8217;s Anti-Immigration Measures Spark Environmental Crisis Along Texas-Mexico Border: &#8216;It&#8217;s Been Destroyed,&#8217; Says A Resident</a>
Image: Shutterstock

Analyst Color

Macro Economic Events

Econ #s

Economics

FVRR

UPWK

Immigration Rebound Helps Solve US Inflation Puzzle: Goldman Sachs

BABA

BILI

NTES

Shares of US-listed Chinese stocks are trading lower following recent Golden Week strength. China stocks may be under pressure amid China tightening hedge fund rules as well as reports of softer consumer confidence.

Investors with a lot of money to spend have taken a bullish stance on Barrick Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with GOLD, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 13 uncommon options trades for Barrick Gold.
This isn't normal.
The overall sentiment of these big-money traders is split between 69% bullish and 23%, bearish.
Out of all of the special options we uncovered, 10 are puts, for a total amount of $933,893, and 3 are calls, for a total amount of $133,950.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $15.0 to $23.0 for Barrick Gold during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Barrick Gold options trades today is 18577.0 with a total volume of 1,539.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Barrick Gold's big money trades within a strike price range of $15.0 to $23.0 over the last 30 days.
<h3>Barrick Gold Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715103949_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$5.5</td>
<td>$5.4</td>
<td>$5.4</td>
<td>$22.00</td>
<td>$161.4K</td>
<td style="text-align: right;">899</td>
<td style="text-align: right;">300</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$5.5</td>
<td>$5.4</td>
<td>$5.4</td>
<td>$22.00</td>
<td>$161.4K</td>
<td style="text-align: right;">447</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$5.5</td>
<td>$5.4</td>
<td>$5.4</td>
<td>$22.00</td>
<td>$149.0K</td>
<td style="text-align: right;">447</td>
<td style="text-align: right;">299</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$4.6</td>
<td>$4.5</td>
<td>$4.5</td>
<td>$21.00</td>
<td>$135.0K</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">300</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$6.45</td>
<td>$6.35</td>
<td>$6.35</td>
<td>$23.00</td>
<td>$106.6K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">300</td>
</tr>
</tbody>
</table>

<h3>About Barrick Gold</h3>
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At year-end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.
<h3>Where Is Barrick Gold Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 7,516,992, the GOLD's price is down by -0.21%, now at $16.64. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 91 days.</li>
</ul>
<h3>Expert Opinions on Barrick Gold</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $26.0.
<ul>
<li>An analyst from BMO Capital persists with their Outperform rating on Barrick Gold, maintaining a target price of $26. </li>
</ul>
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 Barrick Gold with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Markets

GOLD

Smart Money Is Betting Big In GOLD Options

HC Wainwright &amp; Co. analyst Patrick Trucchio reiterates GH Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GHRS#NASDAQ">GHRS</a>) with a Buy and maintains $40 price target.

GHRS

HC Wainwright & Co. Reiterates Buy on GH Research, Maintains $40 Price Target

Financial giants have made a conspicuous bearish move on GE Aero. Our analysis of options history for GE Aero (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>) revealed 22 unusual trades.
Delving into the details, we found 31% of traders were bullish, while 40% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $522,476, and 14 were calls, valued at $1,798,288.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $125.0 to $210.0 for GE Aero during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in GE Aero's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to GE Aero's substantial trades, within a strike price spectrum from $125.0 to $210.0 over the preceding 30 days.
<h3>GE Aero Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715103944_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$13.7</td>
<td>$12.9</td>
<td>$13.1</td>
<td>$180.00</td>
<td>$917.0K</td>
<td>40</td>
<td style="text-align: right;">701</td>
</tr>
<tr>
<td>GE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/07/24</td>
<td>$12.2</td>
<td>$12.1</td>
<td>$12.1</td>
<td>$160.00</td>
<td>$191.1K</td>
<td>34</td>
<td style="text-align: right;">281</td>
</tr>
<tr>
<td>GE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$36.75</td>
<td>$35.95</td>
<td>$36.75</td>
<td>$150.00</td>
<td>$183.7K</td>
<td>481</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>GE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$12.6</td>
<td>$12.5</td>
<td>$12.5</td>
<td>$160.00</td>
<td>$125.0K</td>
<td>28.9K</td>
<td style="text-align: right;">70</td>
</tr>
<tr>
<td>GE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$10.25</td>
<td>$10.2</td>
<td>$10.25</td>
<td>$140.00</td>
<td>$94.3K</td>
<td>633</td>
<td style="text-align: right;">101</td>
</tr>
</tbody>
</table>

<h3>About GE Aero</h3>
GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000. GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.
Following our analysis of the options activities associated with GE Aero, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of GE Aero</h3>
<ul>
<li>Trading volume stands at 2,246,787, with GE's price up by 1.1%, positioned at $169.82.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 77 days.</li>
</ul>
<h3>Expert Opinions on GE Aero</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $182.4.
<ul>
<li>An analyst from Goldman Sachs downgraded its action to Buy with a price target of $190. </li>
<li>An analyst from Jefferies has decided to maintain their Buy rating on GE Aero, which currently sits at a price target of $185. </li>
<li>An analyst from B of A Securities persists with their Buy rating on GE Aero, maintaining a target price of $165. </li>
<li>An analyst from Wells Fargo has decided to maintain their Overweight rating on GE Aero, which currently sits at a price target of $192. </li>
<li>An analyst from Jefferies has decided to maintain their Buy rating on GE Aero, which currently sits at a price target of $180. </li>
</ul>
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 GE Aero with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

This Is What Whales Are Betting On GE Aero

Investors with a lot of money to spend have taken a bullish stance on Affirm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AFRM, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 12 uncommon options trades for Affirm Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 66% bullish and 33%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $64,235, and 10 are calls, for a total amount of $597,916.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $25.0 to $70.0 for Affirm Holdings over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
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 Affirm Holdings'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 Affirm Holdings's whale trades within a strike price range from $25.0 to $70.0 in the last 30 days. 
<h3>Affirm Holdings Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715103938_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AFRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$11.9</td>
<td>$11.75</td>
<td>$11.9</td>
<td>$32.50</td>
<td>$153.5K</td>
<td>597</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>AFRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$5.9</td>
<td>$5.75</td>
<td>$5.75</td>
<td>$37.50</td>
<td>$71.3K</td>
<td>675</td>
<td style="text-align: right;">402</td>
</tr>
<tr>
<td>AFRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$11.9</td>
<td>$11.8</td>
<td>$11.9</td>
<td>$32.50</td>
<td>$66.6K</td>
<td>597</td>
<td style="text-align: right;">185</td>
</tr>
<tr>
<td>AFRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$4.65</td>
<td>$4.55</td>
<td>$4.55</td>
<td>$37.50</td>
<td>$56.8K</td>
<td>1.1K</td>
<td style="text-align: right;">125</td>
</tr>
<tr>
<td>AFRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$8.55</td>
<td>$8.45</td>
<td>$8.55</td>
<td>$35.00</td>
<td>$47.8K</td>
<td>141</td>
<td style="text-align: right;">3</td>
</tr>
</tbody>
</table>

<h3>About Affirm Holdings</h3>
Affirm Holdings Inc offers a platform for digital and mobile-first commerce. It comprises a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The firm generates its revenue from merchant networks, and through virtual card networks among others. Geographically, it generates a majority share of its revenue from the United States.
<h3>Present Market Standing of Affirm Holdings</h3>
<ul>
<li>With a trading volume of 3,903,963, the price of AFRM is up by 0.44%, reaching $36.18.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 1 days from now.</li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Affirm Holdings options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.