 (OTC:JJATF) Stock, Quote.Headers.trade-ideas

B of A Securities analyst Daria Nasledysheva upgrades Ermenegildo Zegna (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZGN#NYSE">ZGN</a>) from Neutral to Buy and lowers the price target from $9.4 to $8.9.

News

Upgrades

Price Target

Analyst Ratings

B of A Securities Upgrades Ermenegildo Zegna to Buy, Lowers Price Target to $8.9

WIIM

DUOL

Duolingo shares are trading higher after the company announced the expansion of video calls to android devices.

Wall Street paused for a breather on Thursday, following Wednesday's big rally sparked by a softer-than-predicted December inflation report that fueled speculation on the Federal Reserve delivering interest rate <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43003047/stocks-rise-on-core-inflation-slowdown-banks-rally-after-strong-q4-earnings-treasury-yields-plummet">cuts during the year. </a>
By midday, stocks were little changed as attention shifted to the next major event: Donald Trump's inauguration as 47th U.S. president on Monday.
On the data front, December retail sales rose 0.4% from the previous month, a slower pace than November's 0.8% increase and below expectations of 0.6%. Jobless claims climbed by 16,000 to 217,000, slightly higher than <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43027744/retail-sales-slow-jobless-claims-rise-is-us-consumer-loosing-steam">the projected 210,000. </a>
See Also: <a href="https://www.benzinga.com/25/01/43020430/cathie-wood-sounds-alarm-over-inflation-pressures-and-consumer-woes-peter-schiff-flags-oil-spike-what-economists-are-saying">Cathie Wood Says Inflation Worries Dampen Expectations, Schiff Singles Out Wall Street For Swallowing Narrative Even As Prices Soar</a>
The weaker data sent Treasury yields lower, with the 10-year yield slipping four basis points to 4.61%, extending the previous day's 14-basis-point decline.
Falling yields helped gold climb 0.9% to $2,970 per ounce, reaching a two-month high as investors moved toward safe-haven assets. 
Semiconductor stocks stood out the best-performing industry, with the iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) gaining 1.8%. Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) jumped more than 5% after delivering strong quarterly earnings, lifting the broader chip industry. Applied Materials Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) and ASML Holding N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) advanced 7% and 6%, respectively.
Oil prices pulled back 2.6%, giving up part of Wednesday's 4% gain. Traders speculated that Trump's policies could ease sanctions on Russian energy exports as part of a broader effort to negotiate peace in Ukraine. 
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) edged down 1% to $99,000, following a slight pullback across cryptocurrency markets.
<h3 class="wp-block-heading">Thursday&#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>S&amp;P 500</td>
<td>5,958.43</td>
<td>0.1%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>43,255.53</td>
<td>0.1%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,264.04</td>
<td>0.0%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,239.38</td>
<td>0.0%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated 12:40 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent011525&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) remained unchanged at $593.10.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;flattened at $432.18.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) was unchanged at $516.54.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) inched 0.1% to $224.31.</li>
<li>The&nbsp;Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) outperformed, up 2.1%; the&nbsp;Health Care Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) lagged, down 0.5%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
<ul>
<li>Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) fell 2% following quarterly earnings. Peer Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) rose 2.7%.</li>
<li>Other stocks reacting to earnings were UnitedHealth Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>), down 4.7%, Infosys Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INFY#NYSE">INFY</a>), down 5.2%, PNC Financial Services Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>), down 2%, U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>), down 5.3%, M&amp;T Bank Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>), down 2.8%, First Horizon Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHN#NYSE">FHN</a>). </li>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) fell by 3.6% after the EV giant announced reduced selling prices on its Cybertruck, in a strategy to revive demand. </li>
<li>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) dropped 3% after the European Commission's competition chief confirmed that the investigation into the company under the Digital Markets Act will move forward as scheduled, with enforcement anticipated by March 2024.</li>
</ul>
Check Out: 
<ul>
<li><a href="https://www.benzinga.com/general/travel/25/01/43036258/polar-vortex-brings-winters-coldest-air-for-trumps-inauguration-day-what-it-means-for-utilities-retailers-energy-stocks">Polar Vortex Brings Winter&#8217;s Coldest Air For Trump&#8217;s Inauguration Day: What It Means For Utilities, Retailers, Energy Stocks</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

Equities

Large Cap

Macro Economic Events

Sector ETFs

Broad U.S. Equity ETFs

Commodities

Treasuries

Econ #s

Economics

Tech

ETFs

$BTC

AAPL

AMAT

ASML

SPDR Dow Jones Industrial Average ETF Trust

INFY

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

TSLA

TSX:XL

Stocks Pause, Chipmakers Rise, Gold Hits 2-Month Highs: What's Driving Markets Thursday?

Cheniere Energy shares are trading higher after Barclays raised its price target on the stock from $202 to $253.

B of A Securities analyst Wamsi Mohan maintains Western Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>) with a Buy and lowers the price target from $89 to $80.

B of A Securities Maintains Buy on Western Digital, Lowers Price Target to $80

Transdigm Group shares are trading higher. The stock may be moving on continued strength after Truist Securities raised its price target on Tuesday from $1482 to $1534.

B of A Securities analyst Elizabeth Suzuki maintains Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) with a Underperform and raises the price target from $44 to $53.

TSCO

B of A Securities Maintains Underperform on Tractor Supply, Raises Price Target to $53

Deep-pocketed investors have adopted a bearish approach towards Eli Lilly (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in LLY usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 52 extraordinary options activities for Eli Lilly. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 36% leaning bullish and 42% bearish. Among these notable options, 11 are puts, totaling $413,328, and 41 are calls, amounting to $2,523,494.
<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 $250.0 to $1440.0 for Eli Lilly during the past quarter. 
<h3>Volume &amp; Open Interest Trends</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 Eli Lilly'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 Eli Lilly's whale trades within a strike price range from $250.0 to $1440.0 in the last 30 days. 
<h3>Eli Lilly Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737051361_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</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 align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LLY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$501.75</td>
<td>$497.6</td>
<td>$500.09</td>
<td>$250.00</td>
<td>$250.0K</td>
<td align="right">61</td>
<td align="right">5</td>
</tr>
<tr>
<td>LLY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/24/25</td>
<td>$21.8</td>
<td>$20.4</td>
<td>$20.45</td>
<td>$735.00</td>
<td>$153.3K</td>
<td align="right">123</td>
<td align="right">75</td>
</tr>
<tr>
<td>LLY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$20.65</td>
<td>$20.6</td>
<td>$20.6</td>
<td>$780.00</td>
<td>$109.2K</td>
<td align="right">999</td>
<td align="right">65</td>
</tr>
<tr>
<td>LLY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$71.3</td>
<td>$69.7</td>
<td>$71.0</td>
<td>$760.00</td>
<td>$106.5K</td>
<td align="right">112</td>
<td align="right">16</td>
</tr>
<tr>
<td>LLY</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$167.5</td>
<td>$163.05</td>
<td>$165.46</td>
<td>$590.00</td>
<td>$99.2K</td>
<td align="right">142</td>
<td align="right">5</td>
</tr>
</tbody>
</table>

<h3>About Eli Lilly</h3>
Eli Lilly is a drug firm with a focus on neuroscience, cardiometabolic, cancer, and immunology. Lilly's key products include Verzenio for cancer; Mounjaro, Zepbound, Jardiance, Trulicity, Humalog, and Humulin for cardiometabolic; and Taltz and Olumiant for immunology.
Having examined the options trading patterns of Eli Lilly, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Eli Lilly</h3>
<ul>
<li>Trading volume stands at 1,491,322, with LLY's price up by 1.89%, positioned at $760.86.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 21 days.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
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">Click here for access</a>.
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 Eli Lilly options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Markets

Eli Lilly's Options: A Look at What the Big Money is Thinking

Deep-pocketed investors have adopted a bearish approach towards Altria Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MO#NYSE">MO</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MO usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Altria Group. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 22% leaning bullish and 77% bearish. Among these notable options, 3 are puts, totaling $96,677, and 6 are calls, amounting to $262,637.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $20.0 and $80.0 for Altria Group, spanning the last three months.
<h3>Insights into 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 Altria Group's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Altria Group's substantial trades, within a strike price spectrum from $20.0 to $80.0 over the preceding 30 days.
<h3>Altria Group 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737051356_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 align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$23.95</td>
<td>$23.55</td>
<td>$23.6</td>
<td>$27.50</td>
<td>$63.7K</td>
<td align="right">11</td>
<td align="right">84</td>
</tr>
<tr>
<td>MO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$31.25</td>
<td>$31.1</td>
<td>$31.12</td>
<td>$20.00</td>
<td>$56.0K</td>
<td align="right">5</td>
<td align="right">132</td>
</tr>
<tr>
<td>MO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/24/25</td>
<td>$16.4</td>
<td>$14.95</td>
<td>$16.34</td>
<td>$35.00</td>
<td>$55.5K</td>
<td align="right">30</td>
<td align="right">70</td>
</tr>
<tr>
<td>MO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/28/25</td>
<td>$18.9</td>
<td>$18.6</td>
<td>$18.9</td>
<td>$70.00</td>
<td>$39.6K</td>
<td align="right">1</td>
<td align="right">23</td>
</tr>
<tr>
<td>MO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$31.25</td>
<td>$31.1</td>
<td>$31.14</td>
<td>$20.00</td>
<td>$31.1K</td>
<td align="right">5</td>
<td align="right">114</td>
</tr>
</tbody>
</table>

<h3>About Altria Group</h3>
Altria comprises Philip Morris USA, us Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations. Through its tobacco subsidiaries, Altria maintains the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the us with 42% annual share in 2023. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev, a 42% stake in cannabis manufacturer Cronos, acquired Njoy Holdings in 2023, and operates a joint venture with Japan Tobacco in the heated tobacco category. It also recently disposed of its investment in Juul Labs.
Following our analysis of the options activities associated with Altria Group, we pivot to a closer look at the company's own performance.
<h3>Current Position of Altria Group</h3>
<ul>
<li>With a volume of 2,091,323, the price of MO is up 0.27% at $51.18. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 14 days.</li>
</ul>
<h3>What Analysts Are Saying About Altria Group</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $54.0.
Unusual Options Activity Detected: Smart Money on the Move
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">Click here for access</a>. 
&#x2A; In a cautious move, an analyst from Morgan Stanley downgraded its rating to Equal-Weight, setting a price target of $54. 
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 Altria Group with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

This Is What Whales Are Betting On Altria Group

Whales with a lot of money to spend have taken a noticeably bullish stance on General Motors.
Looking at options history for General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 33% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $301,334 and 6, calls, for a total amount of $675,765.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $25.0 to $62.5 for General Motors over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for General Motors's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across General Motors's significant trades, within a strike price range of $25.0 to $62.5, over the past month.
<h3>General Motors Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737051351_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>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$12.95</td>
<td>$12.65</td>
<td>$12.92</td>
<td>$40.00</td>
<td>$258.9K</td>
<td>8.0K</td>
<td>201</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$11.55</td>
<td>$11.4</td>
<td>$11.48</td>
<td>$40.00</td>
<td>$229.6K</td>
<td>7.9K</td>
<td>209</td>
</tr>
<tr>
<td>GM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$12.95</td>
<td>$12.8</td>
<td>$12.9</td>
<td>$62.50</td>
<td>$175.4K</td>
<td>25</td>
<td>182</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$14.35</td>
<td>$14.15</td>
<td>$14.3</td>
<td>$45.00</td>
<td>$71.5K</td>
<td>296</td>
<td>50</td>
</tr>
<tr>
<td>GM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/24/25</td>
<td>$0.64</td>
<td>$0.63</td>
<td>$0.64</td>
<td>$51.00</td>
<td>$67.8K</td>
<td>207</td>
<td>1.0K</td>
</tr>
</tbody>
</table>

<h3>About General Motors</h3>
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its us market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021. 2023's share was 16.5%. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but after a 2023 accident GM decided in December 2024 that it will focus on AVs in personal vehicles. GM should own 100% of Cruise by 2025. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.
Following our analysis of the options activities associated with General Motors, we pivot to a closer look at the company's own performance.
<h3>General Motors's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 2,436,979, the GM's price is down by -0.52%, now at $51.43. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 12 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
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">Click here for access</a>.
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 General Motors with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

This Is What Whales Are Betting On General Motors

SoFi Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) shares are moving higher. The company on Thursday announced a personal loan securitization agreement with a <a href="https://www.benzinga.com/pressreleases/25/01/b43028030/sofi-and-pgim-fixed-income-announce-525-million-securitization-agreement-signaling-continued-deman">global fixed income manager</a>.
What Happened: SoFi on Thursday announced that it closed on a&nbsp;$525 million&nbsp;personal loan securitization agreement in the fourth quarter with funds and accounts managed by PGIM Fixed Income.
The transaction comes after PGIM invested $350 million in May 2024, and builds on the $3.9 billion in personal loan collateral SoFi has sold or securitized to date.
&#8220;The investor demand we see for SoFi&#8217;s personal loans underscores the quality and strength of our lending business, which continues to contribute meaningfully to our durable growth. We are grateful for PGIM&#8217;s longstanding partnership as we help more of our members get their money right,&#8221; said Anthony Noto, CEO of SoFi.
See Also: <a href="https://www.benzinga.com/general/entertainment/25/01/42990956/warner-bros-discovery-adds-anthony-noto-joey-levin-to-board-shares-tick-higher">Warner Bros. Discovery Adds Anthony Noto, Joey Levin To Board, Shares Tick Higher</a>
<h3 class="wp-block-heading">Is SOFI A Good Stock To Buy?</h3>
Wall Street analysts view SoFi on the whole as a Neutral, given the history of coverage over the past three months. Reginald Smith from JPMorgan is the most optimistic, expecting a 77.78% rise in the stock over the coming year.
But looking at how the market as a whole thinks of the stock, you can reference historical price action for views on whether investors feel strongly about the stock one way or another. In the past three months, SoFi shares rose 55.21%, which indicates that opinion improved on the business and how attractive it is to own based on either its stock price, or underlying fundamentals, like revenue, which rose 29.91% over the past year.
A complete overview of how Wall Street views individual stocks is available <a href="https://www.benzinga.com/analyst-stock-ratings">here</a>, while real time updates on the latest analyst actions will be delivered via <a href="https://pro.benzinga.com">Benzinga PRO</a>. Try it for free.
SOFI Price Action: <a href="http://benzinga.com/quote/sofi">SoFi shares</a> were up 4.37% at $16.19 at the time of publication Thursday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

Movers

SOFI

What's Going On With SoFi Technologies Stock Thursday?

B of A Securities analyst Ken Hoexter maintains Expeditors Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXPD#NYSE">EXPD</a>) with a Neutral and lowers the price target from $129 to $120.

EXPD

B of A Securities Maintains Neutral on Expeditors Intl, Lowers Price Target to $120

B of A Securities analyst Ken Hoexter maintains Saia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIA#NASDAQ">SAIA</a>) with a Buy and lowers the price target from $612 to $600.

SAIA

B of A Securities Maintains Buy on Saia, Lowers Price Target to $600

Dogecoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) is up 5% on Thursday and 21% over the past seven days as increased market enthusiasm has analysts speculating about whether the &#8220;king of memes&#8221; can <a href="https://www.benzinga.com/money/dogecoin-doge-price-prediction">kickstart another rally</a>.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price&nbsp;&nbsp;&nbsp;</td>
<td>Market Cap</td>
<td>24-Hour Trend</td>
<td>7-Day Trend</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>&nbsp;$0.3891</td>
<td>$57.3 billion</td>
<td>&nbsp;+5.3%</td>
<td>&nbsp;+21.4%</td>
</tr>
<tr>
<td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>&nbsp;$0.00002241</td>
<td>$13.2 billion</td>
<td>&nbsp;+2.2%</td>
<td>&nbsp;+5.2%</td>
</tr>
<tr>
<td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td>
<td>&nbsp;$0.00001845</td>
<td>$7.7 billion</td>
<td>&nbsp;+1.9%</td>
<td>&nbsp;+6.9%</td>
</tr>
</tbody>
</table>
</figure>
Trader Notes: Crypto chart analyst Ali Martinez on X drew parallels between Dogecoin&#8217;s current price action and its last bull cycle. 
In 2021, DOGE began its second major rally on January 25 after a 56% price correction. 
Similarly, the meme coin recently underwent a 46% correction, which could set the stage for another upward move in the coming week if history repeats itself.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">In the last bull cycle, <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> started its second leg up during the week of January 25, 2021, following a 56% price correction. Over the past few weeks, <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw">#DOGE</a> has experienced a 46% correction. If history repeats, the next leg up could kick off as soon as next week! <a href="https://t.co/aewTFfJvig">pic.twitter.com/aewTFfJvig</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1879859646066016274?ref_src=twsrc%5Etfw">January 16, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Rose Premium Signals, another trading analyst, identified a double-bottom pattern on the DOGE chart, signaling a possible bullish reversal. 
They <a href="https://x.com/VipRoseTr/status/1879876255140516090">forecast</a> a breakout with initial targets at $0.56261 and $0.63998, aligning with a classic recovery structure.
Technical analust Kevin <a href="https://x.com/Kev_Capital_TA/status/1879563304458219876">noted</a> DOGE is attempting to break out of a falling wedge pattern. 
If successful, the next key resistance level will be $0.4155.
Statistics: Coinglass data shows open interest spiked around 4% to $4.7 billion, its all-time highest level. Liquidations in the past 24 hours stood at $13.9 million with long liquidations of $6.6 million.
Community News: &nbsp;Binance recently <a href="https://www.binance.com/en/support/announcement/binance-adds-doge-and-ltc-as-new-collateral-assets-on-fixed-rate-loan-and-cgpt-as-loanable-asset-on-vip-loan-2025-01-15-2815ca4dc7f94ac9bb56db970fdeb14d">announced</a> an expansion of its financial services platform, integrating Dogecoin, Litecoin and ChatGPT into its Fixed Rate Loan system. 
Traders can now use DOGE as collateral.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42972298/dogecoin-up-10-shiba-inu-rises-6-whats-driving-the-surge">Dogecoin Up 10%, Shiba Inu Rises 6%: What&#8217;s Driving The Surge?</a></li>
</ul>
Image: Shutterstock

$DOGE

$PEPE

$SHIB

Dogecoin Surges 21% In 7 Days: Why Is DOGE Going Up?

B of A Securities analyst Daley Li upgrades Agora (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/API#NASDAQ">API</a>) from Neutral to Buy and raises the price target from $3.1 to $6.

B of A Securities Upgrades Agora to Buy, Raises Price Target to $6

Bessent Says Sees No Reason For A Central Bank Digital Currency

B of A Securities analyst Ken Hoexter maintains Old Dominion Freight Line (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>) with a Neutral and lowers the price target from $237 to $204.

ODFL

B of A Securities Maintains Neutral on Old Dominion Freight Line, Lowers Price Target to $204

Short-selling investment firm Kerrisdale Capital believes the recent run in shares of Red Cat Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) is built on <a href="https://www.benzinga.com/content/42840590/military-contract-fuels-growth-in-these-2-autonomous-drone-stocks">hype rather than reality</a>.
What To Know: Kerrisdale Capital announced a short position against Red Cat on Thursday morning in a report titled, &#8220;Flying Blind.&#8221; With Red Cat shares having gained more than 1,200% over the past year, the short seller believes Red Cat has reached its peak, at least in the near term.
Kerrisdale attributed most of the run in Red Cat shares to the anticipation of a production award for the U.S. Army&#8217;s short-range reconnaissance (SRR) drone.
&#8220;But expectations for both the SRR contract size and the potential for follow-on sales bear almost no relationship to reality,&#8221; the short seller said.
&#8220;Having set almost impossible expectations, Red Cat is set to be blown out of the sky.&#8221;
Red Cat is preparing a statement on the Kerrisdale Capital short report, a spokesperson told Benzinga in an email.
Red Cat announced in November that it was selected as the winner of the U.S. Army&#8217;s SSR program of record. The company said in the press release that it was &#8220;also preparing to meet increased demand across the rest of the U.S. DoD, federal government and allied countries, to support operators and warfighters globally.&#8221;
Kerrisdale claimed the contract was preemptively announced without the Army's permission and is &#8220;much smaller and less favorable&#8221; than Red Cat&#8217;s management team has implied.
The short seller said management has talked about the potential for $80 million in revenue in 2025 as a result of the contract, but pointed out the Army&#8217;s detailed funding request for 2025 shows that it only expects to spend between $20 and $25 million on drone systems this year.
See Also: <a href="https://www.benzinga.com/25/01/43034961/carvana-a-bumpy-ride-or-the-start-of-a-comeback">Carvana: Bumpy Ride Or Comeback Story? Here&#8217;s What The Technicals Suggest</a>
Kerrisdale also claimed Red Cat management has been misleading investors about its manufacturing capacity for years and has pushed the idea that the SSR contract will open up other opportunities within the U.S. defense sector and across NATO militaries, but Kerrisdale believes it&#8217;s &#8220;nonsense.&#8221;
&#8220;Red Cat's 2025 guidance excluding the SRR is laughable, and we don't think the company will come close to meeting it,&#8221; the short seller said.
Finally, Kerrisdale flagged recent executive departures including the resignation of former CTO George Matus, which occurred about a week after the SSR announcement, as well as the resignation of former CFO Leah Lunger in mid-December. 
Both executives sold large blocks of shares upon departure. The short seller also highlighted continued insider selling over the past month from executives including CEO John Thompson.
&#8220;Given the slim chances for Red Cat's 2025 plans to come to fruition, shareholders may follow suit,&#8221; Kerrisdale said.
Check out Benzinga&#8217;s <a href="https://www.benzinga.com/quote/RCAT/insider-trades">Insider Trades</a> page for Red Cat Holdings and more information. For detailed information on Red Cat Holdings, sign up for <a href="http://pro.benzinga.com">Benzinga Pro</a>.
RCAT Price Action: <a href="http://benzinga.com/quote/rcat">Red Cat shares</a> were down 1.88% at $10.71 at the time of publication Thursday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43031980/big-banks-continue-to-beat-q4-earnings-financial-etf-takes-breather">Big Banks Continue To Beat Q4 Earnings As Financial ETF Takes A Breather</a></li>
</ul>
Photo: Courtesy of Red Cat Holdings.

Government

Short Sellers

Short Ideas

Trading Ideas

RCAT

Drone Maker Red Cat 'Set To Be Blown Out Of The Sky': Short Seller Claims Management Set 'Almost Impossible' Expectations

B of A Securities analyst Ken Hoexter maintains Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) with a Buy and raises the price target from $61 to $63.

B of A Securities Maintains Buy on Knight-Swift, Raises Price Target to $63

B of A Securities analyst Ken Hoexter maintains JB Hunt Transport Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>) with a Buy and raises the price target from $195 to $206.

Comments

(JJATF) Forecast

(OTC:JJATF) Stock, Quote.Headers.trade-ideas

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga