Coca-Cola (NYSE:KO) Stock, Quote.Headers.trade-ideas

Coca-Cola

Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenue overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.

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Americans receiving Social Security payments may see less of an increase next year, according to a nonprofit group that represents senior citizens.

Social Security Payments Set For 2.5% Increase Next Year; Retirement-Oriented Dividend Stocks Like Coca-Cola, Wells Fargo See Gains

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PepsiCo offers stability in turbulent markets, along with a solid 3.04% dividend yield that has increased for 52 consecutive years.

PepsiCo&#39;s Golden Opportunity: Soda Giant Lags S&amp;P 500, But Shows Bullish Momentum

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Deep-pocketed investors have adopted a bullish approach towards Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</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 KO usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Coca-Cola. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 60% leaning bullish and 20% bearish. Among these notable options, 2 are puts, totaling $68,412, and 8 are calls, amounting to $357,313.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $85.0 for Coca-Cola over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Coca-Cola'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 Coca-Cola's whale activity within a strike price range from $50.0 to $85.0 in the last 30 days. 
<h3>Coca-Cola Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726772749_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>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>KO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$14.05</td>
<td>$13.95</td>
<td>$13.95</td>
<td>$57.50</td>
<td>$73.9K</td>
<td>2.2K</td>
<td style="text-align: right;">161</td>
</tr>
<tr>
<td>KO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.01</td>
<td>$1.99</td>
<td>$2.01</td>
<td>$72.50</td>
<td>$62.9K</td>
<td>7.5K</td>
<td style="text-align: right;">428</td>
</tr>
<tr>
<td>KO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$11.5</td>
<td>$11.45</td>
<td>$11.5</td>
<td>$60.00</td>
<td>$59.8K</td>
<td>9.7K</td>
<td style="text-align: right;">292</td>
</tr>
<tr>
<td>KO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$11.55</td>
<td>$11.5</td>
<td>$11.55</td>
<td>$60.00</td>
<td>$46.2K</td>
<td>9.7K</td>
<td style="text-align: right;">336</td>
</tr>
<tr>
<td>KO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$14.75</td>
<td>$13.55</td>
<td>$13.65</td>
<td>$85.00</td>
<td>$38.2K</td>
<td>16</td>
<td style="text-align: right;">28</td>
</tr>
</tbody>
</table>

<h3>About Coca-Cola</h3>
Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenue overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.
Having examined the options trading patterns of Coca-Cola, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Coca-Cola</h3>
<ul>
<li>Trading volume stands at 7,598,639, with KO's price down by -1.37%, positioned at $70.77.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 33 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>.
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 Coca-Cola with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

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Coca-Cola Unusual Options Activity

The Coca-Cola Company and Bacardi Limited today announced an agreement to debut BACARDÍ rum and Coca-Cola as a ready-to-drink (RTD) pre-mixed cocktail.
This press release features multimedia. View the full release here: <a href="https://www.businesswire.com/news/home/20240917932386/en/">https://www.businesswire.com/news/home/20240917932386/en/</a>
BACARDÍ rum and Coca-Cola ready-to-drink (RTD) pre-mixed cocktail (Photo: Business Wire)
BACARDÍ Mixed with Coca-Cola RTD will be available in several markets around the world, with the initial launch planned for select European markets and Mexico in 2025.

Global

The Coca-Cola Company And Bacardi Limited Announce Plans To Debut BACARDÍ & Coca-Cola Ready-To-Drink Cocktail, The Initial Launch Planned For Select European Markets And Mexico In 2025

Americans receiving <a href="https://www.benzinga.com/personal-finance/24/09/40800774/gen-xs-looming-retirement-crisis-is-worse-than-they-realize-expert-compares-it-to-being-handed-a">Social Security payments</a> may see less of an increase next year, according to a nonprofit group that represents senior citizens.
The Social Security Administration is poised to announce its yearly cost of living adjustment (COLA) for payments to 71 million Americans in the middle of next month, effective in January 2025. The government agency handed out a 3.2% increase for this year last October.
The Senior Citizens League expects a 2.5% increase for next year, based on inflation falling from 2.9% in July to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40815794/fed-is-all-clear-for-launch-on-cutting-rates-as-inflation-falls-to-lowest-point-in-">2.5% in August</a>.
By law, the annual inflation adjustment is based on the average inflation during July, August, and September&nbsp;as measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Read Also: <a href="https://www.benzinga.com/personal-finance/24/09/40817544/report-warns-of-16-500-annual-social-security-benefit-cut-for-dual-income-couples-by-2033">Report Warns of $16,500 Annual Social Security Benefit Cut for Dual-Income Couples by 2033</a>
The Bureau of Labor Statistics averages the CPI-W for these three months and then compares it with the same time frame from the previous year. The percentage difference between the two is the COLA, payable for checks received in January 2025. 
The league says the expected 2.5% increase will not be enough for seniors to meet the higher cost of living. 
Nearly 80% of senior households report that their monthly budget for essential items like food, housing, and prescription drugs had increased over the last 12 months, according to a 2024 survey taken by the organization. Almost two-thirds &#8212; 63% &#8212; say they&#8217;re worried that their income won&#8217;t be enough to cover these basic costs in the coming months.
&#8220;Ensuring that seniors have enough to feed and house themselves with dignity is a major reason why we advocate for a minimum COLA of 3%,&#8221; said Shannon Benton, the league&#8217;s executive&nbsp;director.&nbsp;
She said about two-thirds of seniors rely on Social Security for more than half of their monthly income, and 28% depend on it entirely.
Retirement Stocks
Dividend-yielding, retirement-oriented stocks, typically selected for their risk-averse nature, experienced mixed performance by midday trading on Monday.
<ul>
<li>Coca-Cola Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) gained 0.92% to $72.06.</li>
<li>Anhueser Busch InBev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>) slipped 0.41% to $64.63.</li>
<li>Dominion Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/D#NYSE">D</a>) rose 1.07% to $58.78.</li>
<li>Microsoft Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>) slipped 0.19% to $429.78.</li>
</ul>
Retirement ETFs
Exchange-traded funds that are well suited for retirement trended upward on Monday.
<ul>
<li>Vanguard High Dividend Yield ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VYM#NYSE">VYM</a>) rose 0.41%.</li>
<li>IShares MSCI EAFE ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFA#NYSE">EFA</a>) gained 0.34%.</li>
<li>Vanguard Total World Stock ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VT#NYSE">VT</a>) edged up 0.53%.</li>
<li>IShares Cohen &amp; Steers REIT ETF ((BATS: <a class="ticker" href="https://www.benzinga.com/stock/icf#BATS">ICF</a>) went up 0.20%.</li>
<li>Vanguard Total Bond Market ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BND#NASDAQ">BND</a>) inched up 0.21%.</li>
</ul>
Retirement Plan Stocks
Financial service firms that offer retirement plans were also on the upswing on Monday.
<ul>
<li>The Charles Schwab Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) picked up 2.5% to $63.67.</li>
<li>Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) gained 1.89% to $53.78.</li>
<li>JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) gained 1.47% to $201.33.</li>
</ul>
Read Now: 
<ul>
<li><a href="https://www.benzinga.com/personal-finance/24/09/40695081/we-should-not-just-be-dependent-upon-the-payroll-tax-to-fund-social-security-says-retirement-exp">&#8216;We Should Not Just Be Dependent Upon The Payroll Tax&#8217; To Fund Social Security, Says Retirement Expert Teresa Ghilarducci</a></li>
</ul>
Photo: Shutterstock

Wells Fargo analyst Chris Carey maintains Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) with a Overweight and raises the price target from $73 to $78.

Price Target

Analyst Ratings

Wells Fargo Maintains Overweight on Coca-Cola, Raises Price Target to $78

High-rolling investors have positioned themselves bearish on Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in KO often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 13 options trades for Coca-Cola. This is not a typical pattern.
The sentiment among these major traders is split, with 38% bullish and 53% bearish. Among all the options we identified, there was one put, amounting to $93,125, and 12 calls, totaling $959,708.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $65.0 to $77.5 for Coca-Cola over the recent 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 Coca-Cola's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Coca-Cola's substantial trades, within a strike price spectrum from $65.0 to $77.5 over the preceding 30 days.
<h3>Coca-Cola Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726079539_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</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>KO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$3.4</td>
<td>$3.3</td>
<td>$3.39</td>
<td>$67.50</td>
<td>$256.8K</td>
<td>9.7K</td>
<td>1.0K</td>
</tr>
<tr>
<td>KO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$3.35</td>
<td>$3.25</td>
<td>$3.25</td>
<td>$70.00</td>
<td>$245.7K</td>
<td>9.0K</td>
<td>811</td>
</tr>
<tr>
<td>KO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$7.45</td>
<td>$7.35</td>
<td>$7.45</td>
<td>$77.50</td>
<td>$93.1K</td>
<td>319</td>
<td>125</td>
</tr>
<tr>
<td>KO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$0.47</td>
<td>$0.42</td>
<td>$0.47</td>
<td>$71.00</td>
<td>$69.0K</td>
<td>6.9K</td>
<td>1.6K</td>
</tr>
<tr>
<td>KO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/04/24</td>
<td>$1.45</td>
<td>$1.25</td>
<td>$1.45</td>
<td>$70.00</td>
<td>$65.2K</td>
<td>73</td>
<td>181</td>
</tr>
</tbody>
</table>

<h3>About Coca-Cola</h3>
Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenue overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.
Following our analysis of the options activities associated with Coca-Cola, we pivot to a closer look at the company's own performance.
<h3>Coca-Cola's Current Market Status</h3>
<ul>
<li>With a trading volume of 5,775,299, the price of KO is down by -0.94%, reaching $70.88.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 41 days from now.</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 Coca-Cola with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Looking At Coca-Cola's Recent Unusual Options Activity

CFRA analyst Garrett Nelson downgrades Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) from Buy to Hold.

Downgrades

CFRA Downgrades Coca-Cola to Hold

PepsiCo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) is making waves in the stock market as its shares recently formed a bullish technical pattern known as a <a href="https://www.benzinga.com/topic/golden-cross">Golden Cross</a>.
Golden Cross Signals Bullish Momentum: This is when the stock&#8217;s 50-day moving average crosses above its 200-day moving average, signaling potential upward momentum.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent090524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="632" height="463" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/05111521/Screenshot-2024-09-05-at-6.37.36-PM.png" alt="" class="wp-image-532331" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/05111521/Screenshot-2024-09-05-at-6.37.36-PM.png 632w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/05111521/Screenshot-2024-09-05-at-6.37.36-PM-300x220.png 300w" sizes="(max-width: 632px) 100vw, 632px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent090524&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Pepsi's stock is trading at $178.52, comfortably above both its 50-day and 200-day simple moving averages of $170.43 and $170.21, respectively, making this a textbook bullish indicator.
After a 2.77% rise over the past year and a 3.51% year-to-date gain, PepsiCo stock's performance has lagged the broader S&amp;P 500, which climbed 15.9% YTD. However, Pepsi&#8217;s Golden Cross suggests that it could be gearing up for a stronger rally in the months ahead. The stock also sits 3.2% below its 52-week high of $183.41, which it hit in May, offering investors a potential opportunity to buy at a favorable price.
Read Also: <a href="https://www.benzinga.com/markets/24/09/40714664/coca-cola-hits-all-time-new-high-as-nvidia-loses-279b-jolts-and-beige-book-ahead">Coca-Cola Hits All Time New High As Nvidia Loses $279B, Jolts And Beige Book Ahead</a>
<h2 class="wp-block-heading">PepsiCo: A Dividend King's Resilience In Uncertain Times</h2>
Despite recent volatility, with PepsiCo trading below its 50-day moving average since mid-July, the Golden Cross shows that the tide may be turning. 
Investors looking to build a position in a &#8220;<a href="https://www.benzinga.com/quote/PEP/dividends">Dividend King</a>&#8221; like PepsiCo should pay attention to the stock&#8217;s technical strength.
PepsiCo has a market cap of $245.16 billion and is renowned for its global brands like Pepsi, Lay&#8217;s, and Gatorade. As a mega-cap stock, it offers stability in turbulent markets, along with a solid 3.04% dividend yield that has increased for 52 consecutive years. 
In today's uncertain economic environment, that dividend history makes PepsiCo particularly attractive to long-term investors.
While rival Coca-Cola Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) has outperformed Pepsi on a year-to-date basis, Pepsi's recent bullish signals indicate that it's worth keeping on your radar.
With the stock in correction territory and technical indicators signaling bullish momentum, now looks like a great time to take a sip of this market leader.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/08/40401143/pepsico-faces-legal-heat-gatorade-protein-bars-criticized-for-excessive-sugar">PepsiCo Faces Legal Heat: Gatorade Protein Bars Criticized For Excessive Sugar</a></li>
</ul>
Image: Unsplash

PepsiCo's Golden Opportunity: Soda Giant Lags S&P 500, But Shows Bullish Momentum

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer said KKR &amp; Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>) is a buy, adding that it is an &#8220;excellent firm, I've known them for years and years and years, and they have delivered <a href="https://www.benzinga.com/quote/KKR/news">time and time again.&#8221;</a>
KKR said it will launch its tender offer for the common shares and <a href="https://www.benzinga.com/markets/equities/24/08/40227904/kkr-to-support-fuji-soft-privatization-bid-report">share options of Fuji Soft</a>.
Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) is a &#8220;problem,&#8221; Cramer said. &#8220;They should be making money. They should have been able to do more with the money they had. They have not succeeded, they are losing money hand-over-fist. They have got to clean that up, or that stock is not going to rally.&#8221;
On Tuesday, the Medicines and Healthcare Products Regulatory Agency (MHRA) approved Moderna's updated COVID-19 vaccine, which targets the JN.1 variant of SARS-CoV-2.
&#8220;Give it a chance to come down,&#8221; Cramer said when asked about Lumen Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>). &#8220;It's a parabolic move, parabolic moves always destined to come down.&#8221;
On Sept. 3, Lumen announced exchange offers for unsecured notes of Lumen and Level 3.
The &#8220;Mad Money&#8221; host said Oklo Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) is a company that is again losing so much money &#8220;hand-over-fist I can't even look at it.&#8221;
On Aug. 13, Oklo reported a quarterly loss of $5.17 per share, versus a year-ago loss of 6 cents per share.
&#8220;Here's the problem with Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>): Straight up, way too far, way too fast,&#8221; Cramer said. &#8220;Doesn't work for me, let it come in.&#8221;
On Aug. 27, Morgan Stanley analyst Dara Mohsenian maintained Coca-Cola with an Overweight rating and raised the price target from $70 to $78.
Price Action:
<ul>
<li>Moderna shares fell 0.6% to settle at $72.49 on Wednesday.</li>
<li>Oklo shares gained 4.1% to close at $5.82.</li>
<li>KKR shares fell 0.5% to close at $117.67 during Wednesday's session.</li>
<li>Lumen Technologies shares rose 14.2% to settle at $5.38 on Wednesday.</li>
<li>Coca-Cola shares fell 0.6% to settle at $72.56 during the session.</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/09/40720418/wall-streets-most-accurate-analysts-weigh-in-on-3-energy-stocks-with-over-7-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 7% Dividend Yields</a></li>
</ul>
Image Courtesy of Oklo, Inc.

Jim Cramer: Oklo Is Losing Money 'Hand-Over-Fist,' But This Private Equity Stock Is A Buy

To gain an edge, this is what you need to know today.
<figure class="wp-block-image size-large is-resized"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/09/2024-09-04_08h31_58-1.png" alt="" style="width:624px" /></figure>
<h3 class="wp-block-heading">Generating High Risk Adjusted Returns</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-risk-adjusted-returns-coca-cola-all-time-high-ko-nvda-mc-09042024">click here</a> for an enlarged chart of Coca-Cola Company stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) and Nvidia stock (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>). KO chart is in the top pane. NVDA chart is in the bottom pane.
Note the following:
<ul>
<li>This article is about the big picture, not an individual stock. The charts of KO and NVDA stocks are being used to illustrate the point.</li>
<li>The chart shows that KO stock hit an all time high.</li>
<li>On the same day KO stock hit an all time high, NVDA lost a record $279B. This was the worst day for NVDA ever.</li>
<li>As full disclosure, KO is in the ZYX Buy portfolio that surrounds the core Model Portfolio. NVDA is in the core Model Portfolio.</li>
<li>The chart shows that while NVDA has not only fallen but has been very volatile, KO has gone straight up in a smooth manner.&nbsp; KO stock is an illustration of a high risk adjusted return, whereas there is high risk in NVDA stock at this time.</li>
<li>Having KO and NVDA in the portfolio, from a risk perspective, is an illustration of how to structure a portfolio for high risk adjusted returns to maximize the wealth you generate over your lifetime.</li>
<li>KO is an example of the strategy of buying a great company when it is temporarily hit due to market misperception.  Members of The Arora Report had an opportunity to buy KO stock at a cheap price when KO was hit in sympathy with Pepsi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>).  PEP was hit on concerns of the impact of weight loss drugs.  Of course, as a reader of The Arora Report, you knew that Pepsi has a very large snack business.  For KO, the snack business is not important.  This simple piece of knowledge provided an opportunity to buy KO at a good price.  Note, PEP stock has not done well, but KO stock has done superbly.  PEP stock is not in The Arora Report portfolio.
<ul>
<li>Members of The Arora Report get to diversify by strategies – The Arora Report uses over 50 different strategies.&nbsp; The easiest way to diversify by strategies is to follow the Model Portfolios and other signals.&nbsp; Diversification by strategies gives investors a big edge.&nbsp; Diversification by strategies is unique to The Arora Report.</li>
</ul>
</li>
<li>The chart shows that volume is on the high side during KO's rise.&nbsp; This indicates conviction.</li>
<li>RSI on the chart shows that KO is overbought. Overbought stocks tend to pullback.&nbsp; The pullback is often a buying opportunity.&nbsp; As full disclosure, there will be a post in The Arora Report&#8217;s ZYX&nbsp;Buy with a new buy zone for those not in KO stock.</li>
<li>On August 30, just before the recent drop in NVDA stock, the Arora call was to add to NVDA hedge.&nbsp; So far, that call has proven spot on.</li>
<li>The Arora Report members had some idea of what was coming Nvidia's way yesterday morning before the market open.&nbsp; We wrote in the Morning Capsule:</li>
</ul>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">In the early trade, stocks are being sold on concern about the carry trade.&nbsp; In a carry trade, investors borrow in yen to invest in stocks in the U.S., primarily in AI stocks.
</blockquote>
<ul>
<li>NVDA stock has fallen for two reasons:
<ul>
<li>Concern about the carry trade</li>
<li>It appears that there may have been a leak about the U.S. government sending subpoenas to Nvidia and other companies as part of an antitrust probe.</li>
</ul>
</li>
<li>Here is another example of properly diversifying a portfolio.&nbsp; As NVDA stock falls on concerns about the carry trade, the yen ETF position represented by FXY in ZYX Allocation benefits if carry trade blows up.</li>
<li>In <a href="https://blog.thearorareport.com/smci-090324/">yesterday's Morning Capsule</a> we wrote:</li>
</ul>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">ISM Manufacturing Index will be released at 10am ET and may be market moving.
</blockquote>
<ul>
<li>The consensus is 47.5.</li>
<li>The prevailing wisdom among smart money is that a weaker number will mean weaker earnings and thus it will be negative for the stock market.</li>
<li>ISM Manufacturing Index came at 47.2 vs. 47.5 consensus.&nbsp; This weaker number triggered smart money selling as The Arora Report had predicted.&nbsp; In addition to the concern about carry trade, this ISM data was the real reason for the stock market sell off yesterday.</li>
<li>JOLTS job opening data will be released at 10am ET and may be market moving.</li>
<li>The Fed's Beige Book will be released at 2pm ET and may also be market moving.</li>
<li>In the early trade, there is selling in anticipation of the momo crowd getting margin calls.&nbsp; Adding to the selling pressure is that momo crowd accounts that focus only on buying call options on AI stocks such as NVDA are suffering very heavy losses.</li>
<li>As an actionable item, the sum total of the foregoing is in the protection band, which strikes the optimum balance between various crosscurrents. &nbsp; Please scroll down to see the protection band. The protection band is one of the large number of unique edges that are available to members of The Arora Report.</li>
</ul>
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are negative in Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Nvidia, Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Meta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), and Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).
In the early trade, money flows are negative in S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Nasdaq 100 ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
The momo crowd is selling stocks in the early trade.&nbsp; Smart money is inactive in the early trade. (Smart money sold yesterday near the top.)
Note for new members: Smart money often sells into the strength generated by momo crowd buying and buys into the weakness generated by momo crowd selling.&nbsp; Over a long period of time, investors come out ahead by adopting smart money's ways.&nbsp; The exception is in a raging bull market – for very short term trades, consider following the momo crowd and not smart money.
<h3 class="wp-block-heading">Gold</h3>
The momo crowd is selling gold in the early trade.&nbsp; Smart money is inactive in the early trade.
For longer-term, please see gold and silver ratings.
<h3 class="wp-block-heading">Oil</h3>
The momo crowd is selling oil in the early trade.&nbsp; Smart money is inactive in the early trade.
For longer-term, please see oil ratings.
<h3 class="wp-block-heading">Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is seeing selling.
<h3 class="wp-block-heading">Markets</h3>
Our very, very short-term early stock market indicator is negative but can turn positive as the market is getting oversold in the very short term.&nbsp; This indicator, with a great track record, is popular among long term investors to stay in tune with the market and among short term traders to independently undertake quick trades.
Interest rates and bonds are range bound.
The dollar is weaker.
Trading futures is not recommended for most investors. The purpose of providing this information is to give an indication of the premarket activity that usually guides the activity when the market opens.
Gold futures are at $2519, silver futures are at $28.42, and oil futures are at $69.90.
S&amp;P 500 futures are trading at 5523 as of this writing.&nbsp; S&amp;P 500 futures resistance levels are 5622, 5748, and 5926: support levels are 5500, 5400, and 5256.
DJIA futures are down 4 points.
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider holding 23% &#8211; 39% in cash or Treasury bills or allocated to short-term tactical trades; and short to medium-term hedges of 4% &#8211; 7%, and short term hedges of 4% &#8211; 7%. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.

General

$BTC

AAPL

AMZN

GOOG

NVDA

TSLA

Coca-Cola Hits All Time New High As Nvidia Loses $279B, Jolts And Beige Book Ahead

Investors with a lot of money to spend have taken a bullish stance on Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</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 KO, 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 Coca-Cola.
This isn't normal.
The overall sentiment of these big-money traders is split between 41% bullish and 33%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $87,303, and 10 are calls, for a total amount of $359,874.
<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 $55.0 and $75.0 for Coca-Cola, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Coca-Cola's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Coca-Cola's significant trades, within a strike price range of $55.0 to $75.0, over the past month.
<h3>Coca-Cola Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725380129_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>KO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$6.15</td>
<td>$6.05</td>
<td>$6.1</td>
<td>$67.50</td>
<td>$58.4K</td>
<td>7.6K</td>
<td>241</td>
</tr>
<tr>
<td>KO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$18.1</td>
<td>$18.0</td>
<td>$18.0</td>
<td>$55.00</td>
<td>$45.0K</td>
<td>52</td>
<td>25</td>
</tr>
<tr>
<td>KO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$0.91</td>
<td>$0.9</td>
<td>$0.9</td>
<td>$70.00</td>
<td>$45.0K</td>
<td>1.2K</td>
<td>509</td>
</tr>
<tr>
<td>KO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$0.6</td>
<td>$0.5</td>
<td>$0.59</td>
<td>$57.50</td>
<td>$42.3K</td>
<td>3.0K</td>
<td>1.0K</td>
</tr>
<tr>
<td>KO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$6.1</td>
<td>$6.0</td>
<td>$6.0</td>
<td>$70.00</td>
<td>$40.8K</td>
<td>15.8K</td>
<td>68</td>
</tr>
</tbody>
</table>

<h3>About Coca-Cola</h3>
Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenue overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.
In light of the recent options history for Coca-Cola, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of Coca-Cola</h3>
<ul>
<li>With a volume of 5,072,839, the price of KO is up 0.67% at $72.95. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 49 days.</li>
</ul>
<h3>What Analysts Are Saying About Coca-Cola</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $78.0.
<ul>
<li>An analyst from Morgan Stanley persists with their Overweight rating on Coca-Cola, maintaining a target price of $78. </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 Coca-Cola with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Coca-Cola Options Trading: A Deep Dive into Market Sentiment

Billionaire investor Warren Buffett may have had one of the best birthday presents ever: The company he has led for decades passed the $1 trillion market capitalization milestone several days <a href="https://www.benzinga.com/top-stories/24/08/40604676/warren-buffetts-berkshire-hathaway-breaks-1-trillion-poll-points-to-big-pharma-not-tech-as-next-cont">before his 94th birthday. </a>
Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) became the first non-technology, U.S. based company to join the elite trillion-dollar club on Wednesday, Aug. 28, further solidifying Buffett&#8217;s status as one of the top investors of all time.
The milestone for Buffett&#8217;s firm, where he remains chairman and CEO, is one of many during this storied career. Here&#8217;s a look at a small portion of the great highlights of Buffett&#8217;s life, with one highlight for each decade the &#8220;Oracle of Omaha&#8221; lived in.
1930: Buffett was<a href="https://www.biography.com/business-figure/warren-buffett" target="_blank" rel="noreferrer noopener"> born</a> Aug. 30, 1930. His father Howard was a former stockbroker. This would have a huge influence on Buffett's decision to get involved in the business.
1940:&nbsp;Buffett <a href="https://www.benzinga.com/news/22/04/26775821/warren-buffett-life-lessons-first-stock-purchase-at-11-1">purchased his first stock </a>at the age of 11. The purchase was for three shares of&nbsp;Cities Service Preferred, a natural gas company. Buffett bought the shares at $38 only to see them soon drop to $27 each. He waited until they hit $40 to sell for a profit. Shares later hit $200 each, which Buffett has since cited as a lesson on patience in investing.
1950: Despite his growing wealth, Buffett has <a href="https://www.forbes.com/profile/warren-buffett/#1da0b5394639" target="_blank" rel="noreferrer noopener">lived</a> in the same house in Omaha, Nebraska since 1958. The home was purchased for $31,500. Adjusted for <a href="https://www.usinflationcalculator.com/" target="_blank" rel="noreferrer noopener">inflation</a>, that would be the equivalent of over $333,192 today.
1960:&nbsp;By the year 1965, Buffett had&nbsp;<a href="https://www.benzinga.com/general/education/23/03/31279710/if-you-invested-1-000-in-berkshire-hathaway-when-warren-buffett-did-heres-how-much-youd-have-no" target="_blank" rel="noreferrer noopener">assumed control of&nbsp;</a>textiles company Berkshire Hathaway, thanks to acquiring 49%. He became a director of the company and worked on gaining full control and also diversifying the company away from textiles.
1970:&nbsp;Buffett became the author of the&nbsp;<a href="https://www.berkshirehathaway.com/letters/letters.html" target="_blank" rel="noreferrer noopener">annual Berkshire Hathaway letters</a>&nbsp;in the 1970s. These letters are considered must-reads for investors and every year, what Buffett writes to shareholders is analyzed with great detail. The letters include explanations for investments or why assets were sold. The letters also include life lessons and memorable quotes from the "Oracle of Omaha."
1980:&nbsp;In 1988, Buffett&nbsp;<a href="https://www.benzinga.com/general/education/23/08/33908338/if-you-invested-1-000-in-coca-cola-stock-when-warren-buffett-did-heres-how-much-youd-have-today" target="_blank" rel="noreferrer noopener">started accumulating shares</a>&nbsp;of&nbsp;Coca-Cola&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) for Berkshire Hathaway. After several large purchases, Berkshire Hathaway owned 7% of the company, worth $1.02 billion. Buffett has a long history with Coca-Cola, once selling bottles for a penny profit. Berkshire Hathaway still owns 400 million shares of KO, worth around $28.8&nbsp;billion.
1990:&nbsp;Geico Insurance&nbsp;has been one of the biggest pieces for Berkshire Hathaway since it&nbsp;<a href="https://www.latimes.com/archives/la-xpm-1995-08-26-fi-39039-story.html" target="_blank" rel="noreferrer noopener">acquired</a>&nbsp;full control in the 1990s. Berkshire completed the acquisition of the insurance company by purchasing the remaining 49% stake it didn&#8217;t previously own.
Buffett had been an investor in Geico shares dating back to 1951.&nbsp;Benjamin Graham,&nbsp;Buffett's mentor and professor, was once the chairman of Geico. The insurance company is forever linked to two of the most well-known investors.
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent082924">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
2000:&nbsp;The 2000s represented a great period of fortune and giving for Buffett. In 2008, he became the richest man in the world, with&nbsp;<a href="https://www.forbes.com/2008/03/05/buffett-worlds-richest-cx_mm_0229buffetrichest.html#278740a03180" target="_blank" rel="noreferrer noopener">Forbes</a>&nbsp;valuing his wealth at $62 billion. Buffett took over the top spot from&nbsp;Microsoft&nbsp;founder&nbsp;Bill Gates, who had held the number one position for thirteen consecutive years. Buffett pledged in 2006 to give away the majority of his wealth after his death. 
2010: Berkshire Hathaway <a href="https://www.benzinga.com/general/education/23/08/33864608/if-you-invested-1-000-in-apple-stock-when-warren-buffett-bought-shares-heres-how-much-youd-have" target="_blank" rel="noreferrer noopener">started buying</a> stock in Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) in 2016. Buffett has since admitted he wishes he would have bought shares earlier.
"It's probably the best business I know in the world," Buffett told CNBC. Berkshire bought shares of Apple again throughout the decade to make it one of the biggest pieces of its investment portfolio.
"I don't think of Apple as a stock. I think of it as a third business," Buffett told CNBC, referring to Apple being the company's third-biggest holding behind Geico and railroad interests.
While Berkshire Hathaway <a href="https://www.benzinga.com/top-stories/24/08/40165638/warren-buffetts-apple-sell-off-echoes-chevron-move-what-it-means-for-investors">has sold some</a> of its Apple stock in recent years, the stock remains the largest holding the stock portfolio of the company with 400 million shares valued at $91.9 billion.
2020: Buffett imparted an investor lesson when he <a href="https://markets.businessinsider.com/news/stocks/warren-buffett-sold-big-4-airlines-stocks-already-recovered-2020-5-1029237218#" target="_blank" rel="noreferrer noopener">sold</a> his stake in the big four airlines. A longtime vocal non-supporter of buying airline stocks, he sold his stake worth around $7 billion at a loss.
He ditched his stakes in American Airlines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), Southwest Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) and United Airlines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) believing passenger numbers would not recover after the pandemic. He also cited carriers could be left with too many planes and would be hurt financially due to government loans.
This article was previously published by Benzinga and has been updated.
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Image: Shutterstock, edited via Canva

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High-rolling investors have positioned themselves bearish on Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in KO often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 9 options trades for Coca-Cola. This is not a typical pattern.
The sentiment among these major traders is split, with 22% bullish and 66% bearish. Among all the options we identified, there was one put, amounting to $192,884, and 8 calls, totaling $294,016.
<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 $60.0 to $77.5 for Coca-Cola over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
In terms of liquidity and interest, the mean open interest for Coca-Cola options trades today is 4441.62 with a total volume of 1,046.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Coca-Cola's big money trades within a strike price range of $60.0 to $77.5 over the last 30 days.
<h3>Coca-Cola Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724869838_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</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>KO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$6.45</td>
<td>$6.35</td>
<td>$6.45</td>
<td>$77.50</td>
<td>$192.8K</td>
<td>6</td>
<td style="text-align: right;">300</td>
</tr>
<tr>
<td>KO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$2.94</td>
<td>$2.89</td>
<td>$2.94</td>
<td>$69.00</td>
<td>$54.9K</td>
<td>274</td>
<td style="text-align: right;">210</td>
</tr>
<tr>
<td>KO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$5.55</td>
<td>$4.4</td>
<td>$5.0</td>
<td>$67.50</td>
<td>$50.0K</td>
<td>8.2K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>KO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$13.2</td>
<td>$12.9</td>
<td>$12.95</td>
<td>$60.00</td>
<td>$45.3K</td>
<td>846</td>
<td style="text-align: right;">68</td>
</tr>
<tr>
<td>KO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$5.45</td>
<td>$5.35</td>
<td>$5.38</td>
<td>$70.00</td>
<td>$35.5K</td>
<td>17.6K</td>
<td style="text-align: right;">69</td>
</tr>
</tbody>
</table>

<h3>About Coca-Cola</h3>
Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenue overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.
After a thorough review of the options trading surrounding Coca-Cola, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Coca-Cola's Current Market Status</h3>
<ul>
<li>With a trading volume of 6,868,091, the price of KO is down by -0.02%, reaching $71.48.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 55 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Coca-Cola</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $78.0.
<ul>
<li>An analyst from Morgan Stanley persists with their Overweight rating on Coca-Cola, maintaining a target price of $78. </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 Coca-Cola options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Smart Money Is Betting Big In Coca-Cola Options

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page.</a>
<ul>
<li>Truist Securities raised the price target for AvalonBay Communities, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVB#NYSE">AVB</a>) from $213 to $230. Truist Securities analyst Michael Lewis maintained a Hold rating. AvalonBay Communities shares fell 0.8% to close at $219.92 on Monday. <a href="https://www.benzinga.com/quote/AVB/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co. lowered the price target for Versus Systems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VS#NASDAQ">VS</a>) from $2 to $1.5. HC Wainwright &amp; Co. analyst Scott Buck maintained a Neutral rating. Versus Systems shares fell 4.3% to close at $1.35 on Monday.<a href="https://www.benzinga.com/quote/VS/analyst-ratings"> See how other analysts view this stock.</a></li>
<li>Roth MKM raised Coterra Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTRA#NYSE">CTRA</a>) price target from $25 to $29. Roth MKM analyst Leo Mariani upgraded the stock from Neutral to Buy. Coterra Energy shares gained 0.2% to close at $24.20 on Monday. <a href="https://www.benzinga.com/quote/CTRA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup cut the price target for The Hershey Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>) from $195 to $182. Citigroup analyst Thomas Palmer downgraded the stock from Neutral to Sell. Hershey shares gained 0.04% to close at $196.41 on Monday. <a href="https://www.benzinga.com/quote/HSY/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Bernstein raised Twilio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>) price target from $68 to $70. Bernstein analyst Peter Weed maintained a Market Perform rating. Twilio shares fell 0.2% to close at $60.67 on Monday. <a href="https://www.benzinga.com/quote/TWLO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Keybanc raised Cogent Communications Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCOI#NASDAQ">CCOI</a>) price target from $80 to $90. Keybanc analyst Brandon Nispel maintained an Overweight rating. Cogent Communications shares fell 0.2% to close at $72.81 on Monday. <a href="https://www.benzinga.com/quote/AVB/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Needham increased the price target for Napco Security Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSSC#NASDAQ">NSSC</a>) from $52 to $57. Needham analyst James Ricchiuti maintained a Buy rating. Napco Security shares fell 14.6% to close at $47.38 on Monday. <a href="https://www.benzinga.com/quote/NSSC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley boosted The Coca-Cola Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) price target from $70 to $78. Morgan Stanley analyst Dara Mohsenian maintained an Overweight rating. Coca-Cola shares gained 1.5% to close at $70.84 on Monday.<a href="https://www.benzinga.com/quote/KO/analyst-ratings"> See how other analysts view this stock.</a></li>
<li>Benchmark raised Frontier Communications Parent, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FYBR#NASDAQ">FYBR</a>) price target from $35 to $37. Benchmark analyst Matthew Harrigan maintained a Buy rating. Frontier Communications shares rose 2.9% to close at $29.46 on Monday. <a href="https://www.benzinga.com/quote/FYBR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Evercore ISI Group raised Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) price target from $710 to $750. Evercore ISI Group analyst Mark Mahaney maintained an Outperform rating. Netflix shares rose 0.3% to close at $688.44 on Monday. <a href="https://www.benzinga.com/quote/NFLX/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
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<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="522" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/27083103/image-266-1024x522.png" alt="" class="wp-image-516014" style="width:618px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/27083103/image-266-1024x522.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/27083103/image-266-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/27083103/image-266-768x392.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/27083103/image-266.png 1327w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>

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Morgan Stanley analyst Dara Mohsenian maintains Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) with a Overweight and raises the price target from $70 to $78.

Morgan Stanley Maintains Overweight on Coca-Cola, Raises Price Target to $78

As soon as Democratic nominee Kamala Harris promised to <a href="https://www.benzinga.com/news/24/08/40387906/kamala-harris-plans-historic-federal-ban-on-corporate-price-gouging-in-food-and-grocery-industries">ban price-gouging on groceries</a> (if she were elected U.S. President in November), the blowback from critics was loud and fierce. 
But such laws, which put a floor and a ceiling on consumer goods and services through government mandate, are not new.
For example, President Franklin D. Roosevelt signed into law the Emergency Price Control Act of 1942 to curb inflation during World War II. It was enacted on Jan. 30, 1942 and expired on June 30,1947, <a href="https://www.loc.gov/item/uscode1940-006050a010/">according</a> to the Library of Congress.
Almost 30 years later, President Richard Nixon issued an executive order in 1971 that put a 90-day freeze on wages and prices, following the Economic Stabilization Act of 1970, <a href="https://www.cato.org/commentary/remembering-nixons-wage-price-controls">according</a> to the Cato Institute.
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There are countless other instances of governments imposing such legislation as far back as the days of the Roman Empire, <a href="https://cdn.mises.org/Forty%20Centuries%20of%20Wage%20and%20Price%20Controls%20How%20Not%20to%20Fight%20Inflation_2.pdf">according</a> to &#8220;Forty Centuries of Wages and Price Controls.&#8221;
Harris presented the price-gouging ban a week ago at <a href="https://www.benzinga.com/news/24/08/40387906/kamala-harris-plans-historic-federal-ban-on-corporate-price-gouging-in-food-and-grocery-industries">a campaign rally</a> in North Carolina. The plan includes sharper scrutiny on potential mergers between supermarkets and food producers, which leads to higher grocery prices as expenses are passed onto consumers.
Grocer association gave the proposal <a href="https://www.benzinga.com/news/24/08/40467624/harris-price-gouging-plan-faces-pushback-from-grocers-hurting-from-the-same-inflationary-pressure-as">the cold shoulder</a>. They argue that they face the same inflationary pressures that consumers do.
When enacted, price control legislation significantly impacts sectors that have a handful of dominant players, such as soda production, tire manufacture, wireless communications and retail.
Price Action: Soda producers saw gains and losses by Friday&#8217;s mid-afternoon trading.
<ul>
<li>The Coca-Cola Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) dipped 0.19% to $69.20</li>
<li>PepsiCo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) declined 0.60% to $174.69</li>
<li>Unilver PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UL#NYSE">UL</a>) gained 1.42% to $63.41</li>
</ul>
Tire makers also went in both directions on Wall Street on Friday.
<ul>
<li>The Goodyear Tire &amp; Rubber Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GT#NASDAQ">GT</a>) jumped 5.12% to $8.93</li>
<li>Bridgestone Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BRDCY#OTC">BRDCY</a>) gained 1.37% to $20.01</li>
<li>Group Michelin (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MGDDY#OTC">MGDDY</a>) slipped 0.81% to $19.54</li>
</ul>
Wireless communications providers trended upward. 
<ul>
<li>Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>) gained 0.69% to $41.15</li>
<li>AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) went up 0.82% to $19.67</li>
<li>T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) rose 0.73% to $197.88</li>
</ul>
Retailers also had a positive day into Friday&#8217;s mid-afternoon trading.
<ul>
<li>Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) improved 0.19% to $75.43</li>
<li>Amazon.com, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) rose 0.47% to $176.96</li>
<li>Target Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) climbed 0.68% to $157.88</li>
</ul>
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<li><a href="https://www.benzinga.com/news/24/08/40430000/donald-trump-takes-one-point-lead-over-kamala-harris-in-new-national-poll-has-slim-lead-in-key-swing">Donald Trump Takes One-Point Lead Over Kamala Harris In New National Poll, Has Slim Lead In Key Swing State</a></li>
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Coca-Cola's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) short percent of float has risen 5.48% since its last report. The company recently reported that it has 33.08 million shares sold short, which is 0.77% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.58 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Coca-Cola Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724262315_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Coca-Cola has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Coca-Cola's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Coca-Cola's peer group average for short interest as a percentage of float is 7.37%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into Coca-Cola's Recent Short Interest

Legendary investor Warren Buffett has led conglomerate Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) for decades and <a href="https://www.benzinga.com/general/movers-shakers/21/08/17298128/warren-buffett-turns-91-a-highlight-for-each-decade-of-his-life-1">produced market-beating returns</a> in many cases.
Here's a look at how Berkshire Hathaway stock has performed over the last 25 years and how it's 2024 performance compares to recent years.
What Happened: Berkshire Hathaway stock is up 19.3% year-to-date, even with the <a href="https://www.benzinga.com/top-stories/24/08/40165638/warren-buffetts-apple-sell-off-echoes-chevron-move-what-it-means-for-investors">conglomerate's large holding</a> Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) trailing the broader stock markets for much of the year.
A portion of Berkshire Hathaway's stake in Apple was recently sold, which may have been profit taking or a potential warning that valuation in the technology company was stretched.
With Berkshire Hathaway shares up 19.3%, the Buffett-led conglomerate is currently outperforming the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which tracks the broader S&amp;P 500 Index, which is up 12.1% year-to-date.
In the 1980s and 1990s, Buffett often outperformed the stock markets by wide margins. In recent years, the outperformance has dropped to a smaller margin and in some cases, Buffett has been beaten.
Using data from <a href="https://www.slickcharts.com/berkshire-hathaway/returns">SlickCharts</a>, the 19.3% year-to-date return would be the best for the Buffett-led company since 2021 (+29.6%) and the second-best return since 2017.
Over the last 25 years, Berkshire Hathaway stock has returned an average of 9.84%. Compare that to the 9.22% average return of the SPDR S&amp;P 500 ETF Trust over the same time <a href="https://www.slickcharts.com/sp500/returns">period</a>.
Berkshire Hathaway has had negative returns in five of the last 25 years, compared to six years for the SPDR S&amp;P 500 ETF Trust.
On a yearly basis, the SPDR S&amp;P 500 ETF Trust has beaten Berkshire Hathaway in nine of the 25 years, with Berkshire Hathaway outperforming the ETF in 16 years.
Over the last five years, Berkshire Hathaway has outperformed the SPDR S&amp;P 500 ETF Trust with an overall 115.5% gain compared to an 82.8% gain.
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Why It's Important: Buffett<a href="https://www.benzinga.com/general/education/23/03/31279710/if-you-invested-1-000-in-berkshire-hathaway-when-warren-buffett-did-heres-how-much-youd-have-no"> bought shares of</a> Berkshire Hathaway in December 1962 believing the textiles company would launch a tender offer for shares in the future. The company did, but Buffett saw more value ahead and instead of selling his shares, he started buying more.
Eventually, Buffett took control of the company and years later the textiles business was shut down.
Today, Berkshire Hathaway is a conglomerate that <a href="https://www.benzinga.com/general/entertainment/22/03/26224759/warren-buffett-owns-what-10-berkshire-acquisitions-you-may-have-forgotten">owns many well-known brands</a> like Geico, See's Candies, Fruit of the Loom, Diary Queen and Duracell.
The company also holds large stakes in many publicly traded companies, with Apple, American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>), Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>), Chevron Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) and Occidental Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) the top holdings.
For investors looking for a stock that often outperforms the market, the one led by Warren Buffett might be one worth considering. The major uncertainty of succession and what will happen when <a href="https://www.benzinga.com/general/education/24/07/39619696/how-will-warren-buffett-know-its-time-to-step-down-charlie-munger-revealed-the-berkshire-ceo-to">Buffett steps down</a> or passes away remains a potential risk for investors.
Check This Out:
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<li>Lawmakers Made Huge Investments This Year. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent081224">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Berkshire Hathaway Stock Up 19% So Far In 2024: How It Stacks Up Against Warren Buffett's Averages, S&P 500

To gain an edge, this is what you need to know today.
<figure class="wp-block-image size-large"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/08/2024-08-05_09h14_55.png" alt="" /></figure>
<h3 class="wp-block-heading">Carry Trade Unwinds</h3>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-global-stock-carnage-fxy-mc-08052024">click here</a> for an enlarged chart of Invesco Currency Shares Japanese Yen Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXY#NYSE">FXY</a>).
Note the following:
<ul>
<li>The chart shows the rapid rise in the yen.</li>
<li>The chart shows that the rapid rise occurred after the Bank of Japan raised rates.</li>
<li>As full disclosure, ZYX Allocation by The Arora Report has a long position in yen ETF (FXY). <a href="https://blog.thearorareport.com/fxy-080124/">Click here</a> to read where we previously wrote that FXY would act as a hedge. That call has now proven spot on. FXY is rising while stocks are experiencing carnage.</li>
<li>We have been sharing with you for a while to keep an eye on actions from the Bank of Japan as they may have a large impact on global stocks, including U.S. stocks.</li>
<li>Last week we shared with you that the Bank of Japan raised rates and the carry trade was beginning to unwind. Funds have been borrowing money in yen and buying stocks across the globe. Most notably, funds have been using money borrowed in yen to buy AI related semiconductor stocks and the Magnificent Seven stocks. This is the reason the Magnificent Seven and other AI stocks are now seeing aggressive selling.</li>
<li>There are several other factors entering into the mix to drive stocks lower.
<ul>
<li>We have been sharing with you that sentiment had reached the extreme zone. We have also been sharing with you that when sentiment reaches the extreme, it is a contrary signal, i.e. a sell signal. Now we are seeing the aftermath of sentiment reaching the extreme.</li>
<li>Warren Buffett has become defensive.
<ul>
<li>Buffett's company, Berkshire Hathaway Inc Class B (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>), sold about half of its Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) position.</li>
<li>BRK.B has reached a record $277B cash position on June 30 vs. $189B on March 31. This largely reflects Buffett selling about half of the AAPL position.</li>
<li>This is especially very important because it was only back in May when Buffett said AAPL was a core holding like Coca-Cola Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) and American Express Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>). He has held KO and AXP for a very long time.</li>
</ul>
</li>
<li>Delay in NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) next generation Blackwell chip.</li>
<li>Economic data is beginning to show slowing U.S. growth as we shared with you in Morning Capsules last week.  Please read last week's Morning Capsules, <a href="https://blog.thearorareport.com/stock-market-080324/">click here</a> for details. The most notable pieces of data are:
<ul>
<li>ISM</li>
<li>Jobless claims</li>
<li>Jobs report</li>
</ul>
</li>
<li>The momo crowd is facing forced selling due to margin calls.
<ul>
<li>Expect selling pressure to lift when early margin calls are done.</li>
<li>Expect another couple of waves of margin calls during the day unless the market rallies substantially.</li>
<li>Historically, the two times of heavy forced liquidation are around 10:30am ET and 1pm ET.</li>
</ul>
</li>
</ul>
</li>
<li>In addition to the protection band that is protecting The Arora Report members' portfolios, there are additional hedges in the form of gold and silver, as well as hedges on semiconductor stocks and all of the Magnificent Seven stocks with the exception of Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>). TSLA is not a portfolio holding.
<ul>
<li>These additional hedges on semiconductor stocks and the Magnificent Seven stocks have now become profitable. Consider starting to book profits in small tranches on these hedges starting right now.  </li>
</ul>
</li>
<li>The stock market is very oversold and can quickly bounce after forced selling is done.</li>
</ul>
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are negative in Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), NVDA, Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), TSLA, and AAPL.
In the early trade, money flows are negative in SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
Investors can gain an edge by knowing money flows in SPY and QQQ. Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil. The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>). The most popular ETF for silver is iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>). The most popular ETF for oil is United States Oil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>).
<h3 class="wp-block-heading">Bitcoin</h3>
The Arora Report call that Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is not a hedge is being proven right now. Bitcoin is being aggressively sold and is now approaching $50,000. Bitcoin whales unloaded bitcoin to unsuspecting retail investors last month.
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

The Real Reason Behind Global Stock Carnage – Carry Trade Unwinds

Fans of the film can now get their hands on an exclusive collection of products including a Limited-Edition Beetlejuice flavour, with more thrills to come.
Fanta&reg;&nbsp;and Warner Bros. Pictures are excited to announce a global partnership ahead of the release of the highly anticipated movie&nbsp;Beetlejuice Beetlejuice&nbsp;&ndash; debuting in cinemas on&nbsp;September 6th, 2024. Manifesting the spirit of the mischievous demon, Fanta&reg;&nbsp;and Warner Bros. Pictures are coming together to bring a taste of the Afterlife to consumers across the globe.

Fanta And Warner Bros. Pictures Launch Limited-Edition Beetlejuice Flavor In Global Partnership

Deep-pocketed investors have adopted a bearish approach towards Coca-Cola (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</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 KO usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Coca-Cola. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 40% leaning bullish and 60% bearish. Among these notable options, 3 are puts, totaling $138,523, and 7 are calls, amounting to $936,843.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $65.0 and $80.0 for Coca-Cola, spanning the last three months.
<h3>Volume &amp; Open Interest Development</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 Coca-Cola's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Coca-Cola's substantial trades, within a strike price spectrum from $65.0 to $80.0 over the preceding 30 days.
<h3>Coca-Cola Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722974469_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>KO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$4.35</td>
<td>$4.15</td>
<td>$4.3</td>
<td>$70.00</td>
<td>$752.5K</td>
<td>23.0K</td>
<td>1.8K</td>
</tr>
<tr>
<td>KO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$4.8</td>
<td>$4.7</td>
<td>$4.8</td>
<td>$70.00</td>
<td>$60.4K</td>
<td>160</td>
<td>219</td>
</tr>
<tr>
<td>KO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$5.05</td>
<td>$4.8</td>
<td>$4.85</td>
<td>$67.50</td>
<td>$48.5K</td>
<td>179</td>
<td>100</td>
</tr>
<tr>
<td>KO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$5.85</td>
<td>$5.55</td>
<td>$5.61</td>
<td>$70.00</td>
<td>$39.3K</td>
<td>1.7K</td>
<td>111</td>
</tr>
<tr>
<td>KO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.68</td>
<td>$2.65</td>
<td>$2.68</td>
<td>$70.00</td>
<td>$33.5K</td>
<td>6.6K</td>
<td>669</td>
</tr>
</tbody>
</table>

<h3>About Coca-Cola</h3>
Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenue overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.
Having examined the options trading patterns of Coca-Cola, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Coca-Cola Standing Right Now?</h3>
<ul>
<li>With a volume of 8,315,646, the price of KO is up 0.41% at $68.38. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 77 days.</li>
</ul>
<h3>What The Experts Say On Coca-Cola</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $70.6.
<ul>
<li>Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Coca-Cola, targeting a price of $70. </li>
<li>Consistent in their evaluation, an analyst from TD Cowen keeps a Hold rating on Coca-Cola with a target price of $70. </li>
<li>Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on Coca-Cola with a target price of $75. </li>
<li>Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on Coca-Cola with a target price of $73. </li>
<li>An analyst from Deutsche Bank has decided to maintain their Hold rating on Coca-Cola, which currently sits at a price target of $65. </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 Coca-Cola with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Behind the Scenes of Coca-Cola's Latest Options Trends

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AGNC

AGRO

AMKBY

ASML

ASMLF

AVGO

BKNG

COCO

COST

CTVA

FSTA

GOOGL

LVMHF

LVMUY

MELI

MSCI

PSCC

PYPL

RSPS

SCHD

USNA

Press Releases

The Coca-Cola Company Announces Election of Corporate Officer and Declares Regular Quarterly Dividend

U.S. Tax Court Enters Decision in Ongoing Dispute Between The Coca-Cola Company and the U.S. Internal Revenue Service

Entertainment

FANTA® AND WARNER BROS. PICTURES ANNOUNCE GLOBAL PARTNERSHIP WITH THE HIGHLY ANTICIPATED NEW MOVIE BEETLEJUICE BEETLEJUICE WITH LIMITED-EDITION FLAVOUR

Restaurants

Coca-Cola® and the OREO® Brands Become "Besties," Launch Limited-Edition Drink and Cookie that Perfectly Pair Iconic Brands

vitaminwater® Introduces Paint Your Rent: A Chance to Transform Your Living Space in Full vitaminwater Color This Summer

The Coca-Cola Company Announces Participation in Barclays Global Consumer Staples Conference

7-Eleven Unveils Bold New Slurpee® Drink Experience with Coca-Cola® and OREO®

Consolidated Theatres & Coca Cola® Debut New 'Island Punch' Beverage Developed Exclusively for the New Coca Cola Freestyle® Beverage Fountains at Consolidated's Ward Village and ʻŌlino

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Coca-Cola (KO) Forecast

Coca-Cola (NYSE:KO) Stock, Quote.Headers.trade-ideas