Short interest for Lotus Ventures gives investors a sense of the degree to which investors are betting on the decline of Lotus Ventures's stock. Short interest data is updated every two weeks.

Lotus Ventures Stock (OTC:LTTSF), Short Interest Report

Lotus Ventures Inc is a licensed cannabis producer that serves customers in Canada. The company created a purpose-built facility with proprietary standard operating procedures to reliably produce rare and high-quality strains of cannabis for consumers looking for a consistent experience.

Cannabis

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News

Markets

LTTSF

CSE:J

Lotus Ventures Inc. (OTCPK:LTTSF) (CSE:J) released financial results for the period ending August 31, 2022, revealing revenue of CA$1.69 million ($1.25 million) in fiscal year 2022, a 208% decrease compared to CA$5.48 million in the fiscal year 2021.

Fiscal Year 2022 Financial Highlights 

Lotus Ventures FY22 Revenue Drops 208%, What About Net Loss?

Lotus Ventures Inc. (OTCPK:LTTSF) (CSE:J) released financial and operating results for the six months ended February 28, 2022.

First half financial results

Lotus Ventures H1 2021 Revenue Drops 72% YoY, Cannabis Company Attributes The Decline To This

Penny Stocks

Canada-based cannabis producer Lotus Ventures Inc. (CSE: J) (OTC: LTTSF) (FRA: LV9) has received its Standard Processing license.

Lotus Ventures Receives License To Produce, Sell, Distribute Cannabis To Provincial Canadian Distributors

LOTUS VENTURES INC by Lotus Ventures Inc.

Lotus Ventures Inc

WIIM

SMCI

Super Micro Computer shares are trading higher ahead of Q3 earnings tomorrow.

Tesla Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>)&nbsp;demonstrated the capabilities of its <a href="https://www.benzinga.com/news/24/04/38351810/tesla-fsd-is-now-nearly-50-cheaper-than-when-elon-musk-called-it-very-low-just-under-a-year-ago">Full Self-Driving (FSD)</a> software to a Swedish Transport Administration official in Germany, marking a notable first for the use of Tesla&#39;s FSD technology on European roads, as <a href="http://driveteslacanada.ca/news/tesla-showcases-full-self-driving-fsd-to-swedish-transport-official-in-germany/">shared</a> by DriveTeslaCanada.
This event underscored&nbsp;Tesla&#39;s ongoing efforts to expand the reach of its advanced autonomous driving technology beyond North America, where it was primarily <a href="https://www.benzinga.com/tech/20/12/18640317/teslas-full-self-driving-beta-dodges-deer-on-dark-dirt-road">tested and deployed</a> since its initial release in October 2020.
<blockquote class="twitter-tweet"><a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> � 
First video about FSD v12 driving in Germany.
Description says it only intervened once in 45 minutes. Driving smoothly in Europe too. 
<a href="https://t.co/sCBAPh6Gyb">pic.twitter.com/sCBAPh6Gyb</a>
&mdash; Tsla Chan (@Tslachan) <a href="https://twitter.com/Tslachan/status/1784286593764995248?ref_src=twsrc%5Etfw">April 27, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
The demonstration was&nbsp;in Munich&nbsp;with Rikard Fredriksson, a senior advisor at the Swedish Transport Administration, experiencing the FSD&#39;s performance firsthand.
The test run was a 45-kilometer&nbsp;(@28 miles)&nbsp;journey through the city&nbsp;with Fredriksson highlighting the system&rsquo;s &ldquo;impressive smooth and natural driving&rdquo; in a post on LinkedIn.
Marc Van Impe, Tesla&nbsp;Global Policy Lead, and Phillip Holz, Lead Vehicle Operator ADAS Test Operations, conducted the demonstration in a Midnight Cherry Red Model Y equipped with the latest supervised version of FSD.
This event comes amidst ongoing regulatory challenges in Europe&nbsp;where stricter autonomous driving regulations hindered the broader deployment of FSD.
Despite recent updates from the United Nations Economic Commission for Europe (UNECE) on Driver Control Assistance Systems (DCAS), Tesla struggled to meet regulatory standards that currently prohibit system-initiated maneuvers essential for FSD functionality. The demonstration to the Swedish official could be a step towards engaging European regulators and showcasing the system&#39;s potential within the prescribed legal framework.
This strategic move aligns closely with Tesla&rsquo;s recent activities, including <a href="https://www.benzinga.com/markets/asia/24/04/38481213/breaking-tesla-reportedly-teams-up-with-baidu-to-roll-out-fsd-in-china">a reported deal with Chinese internet giant Baidu</a> to further integrate and enhance FSD capabilities.
Read Next:<a href="https://www.benzinga.com/news/24/04/38491516/teslas-model-3-and-model-y-clear-chinas-data-security-hurdle-fsd-software-deployment-nears">&nbsp;Tesla&#39;s Model 3 And Model Y Clear China&#39;s Data Security Hurdle, FSD Software Deployment Nears</a>
Photo: Model Y, courtesy of Tesla

Global

Tech

TSLA

Video Shows Tesla's Demonstration Of Full Self-Driving Capabilities In Germany

Investors with a lot of money to spend have taken a bearish stance on Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</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 ULTA, 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 10 uncommon options trades for Ulta Beauty.
This isn't normal.
The overall sentiment of these big-money traders is split between 30% bullish and 40%, bearish.
Out of all of the special options we uncovered, 5 are puts, for a total amount of $159,237, and 5 are calls, for a total amount of $175,640.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $310.0 to $520.0 for Ulta Beauty over the recent 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 Ulta Beauty's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Ulta Beauty's substantial trades, within a strike price spectrum from $310.0 to $520.0 over the preceding 30 days.
<h3>Ulta Beauty Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714412751_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ULTA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/07/24</td>
<td>$24.3</td>
<td>$22.5</td>
<td>$23.4</td>
<td>$400.00</td>
<td>$70.2K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ULTA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$4.5</td>
<td>$4.4</td>
<td>$4.5</td>
<td>$310.00</td>
<td>$44.6K</td>
<td style="text-align: right;">26</td>
<td style="text-align: right;">168</td>
</tr>
<tr>
<td>ULTA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$21.2</td>
<td>$20.9</td>
<td>$21.2</td>
<td>$410.00</td>
<td>$29.6K</td>
<td style="text-align: right;">258</td>
<td style="text-align: right;">15</td>
</tr>
<tr>
<td>ULTA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$4.6</td>
<td>$4.4</td>
<td>$4.4</td>
<td>$310.00</td>
<td>$29.0K</td>
<td style="text-align: right;">26</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>ULTA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$32.2</td>
<td>$30.1</td>
<td>$31.45</td>
<td>$435.00</td>
<td>$28.3K</td>
<td style="text-align: right;">414</td>
<td style="text-align: right;">8</td>
</tr>
</tbody>
</table>

<h3>About Ulta Beauty</h3>
With 1,385 stores at the end of fiscal 2023 and a partnership with Target, Ulta Beauty is the largest specialized beauty retailer in the U.S. The firm offers makeup (41% of 2023 sales), fragrances, skin care (19% of sales), and hair care products (19% of sales), and bath and body items. Ulta offers private-label products and merchandise from more than 500 vendors. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
In light of the recent options history for Ulta Beauty, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Ulta Beauty's Current Market Status</h3>
<ul>
<li>With a trading volume of 307,456, the price of ULTA is down by -0.68%, reaching $403.63.</li>
<li>Current RSI values indicate that the stock is may be oversold.</li>
<li>Next earnings report is scheduled for 24 days from now.</li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Ulta Beauty, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

ULTA

Decoding Ulta Beauty's Options Activity: What's the Big Picture?

Deep-pocketed investors have adopted a bearish approach towards Humana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</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 HUM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 20 extraordinary options activities for Humana. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 20% leaning bullish and 50% bearish. Among these notable options, 9 are puts, totaling $861,597, and 11 are calls, amounting to $633,287.
<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 $295.0 to $500.0 for Humana over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Humana stands at 505.4, with a total volume reaching 3,238.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Humana, situated within the strike price corridor from $295.0 to $500.0, throughout the last 30 days.
<h3>Humana Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714412746_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>HUM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$100.4</td>
<td>$93.5</td>
<td>$96.6</td>
<td>$400.00</td>
<td>$241.5K</td>
<td>695</td>
<td style="text-align: right;">25</td>
</tr>
<tr>
<td>HUM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$97.8</td>
<td>$92.7</td>
<td>$97.2</td>
<td>$400.00</td>
<td>$194.4K</td>
<td>2.8K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>HUM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$5.4</td>
<td>$4.7</td>
<td>$5.3</td>
<td>$500.00</td>
<td>$82.1K</td>
<td>599</td>
<td style="text-align: right;">719</td>
</tr>
<tr>
<td>HUM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$78.6</td>
<td>$76.2</td>
<td>$77.12</td>
<td>$380.00</td>
<td>$77.2K</td>
<td>285</td>
<td style="text-align: right;">32</td>
</tr>
<tr>
<td>HUM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$78.6</td>
<td>$76.2</td>
<td>$77.27</td>
<td>$380.00</td>
<td>$77.2K</td>
<td>285</td>
<td style="text-align: right;">52</td>
</tr>
</tbody>
</table>

<h3>About Humana</h3>
Humana is one of the largest private health insurers in the US with a focus on administering Medicare Advantage plans. The firm has built a niche specializing in government-sponsored programs, with nearly all its medical membership stemming from individual and group Medicare Advantage, Medicaid, and the military's Tricare program. The firm is also a leader in stand-alone prescription drug plans for seniors enrolled in traditional fee-for-service Medicare. Beyond medical insurance, the company provides other healthcare services, including primary-care services, at-home services, and pharmacy benefit management.
Having examined the options trading patterns of Humana, 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 Humana</h3>
<ul>
<li>With a trading volume of 748,991, the price of HUM is down by -0.77%, reaching $303.54.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 93 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Humana</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $357.6.
<ul>
<li>An analyst from Barclays persists with their Equal-Weight rating on Humana, maintaining a target price of $310. </li>
<li>An analyst from Cantor Fitzgerald downgraded its action to Neutral with a price target of $391. </li>
<li>An analyst from Goldman Sachs has decided to maintain their Buy rating on Humana, which currently sits at a price target of $385. </li>
<li>An analyst from B of A Securities downgraded its action to Neutral with a price target of $342. </li>
<li>An analyst from Cantor Fitzgerald has decided to maintain their Neutral rating on Humana, which currently sits at a price target of $360. </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 Humana options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Behind the Scenes of Humana's Latest Options Trends

Financial giants have made a conspicuous bearish move on Atlassian. Our analysis of options history for Atlassian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEAM#NASDAQ">TEAM</a>) revealed 17 unusual trades.
Delving into the details, we found 29% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $168,470, and 12 were calls, valued at $644,460.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $160.0 to $210.0 for Atlassian during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Atlassian stands at 252.64, with a total volume reaching 3,336.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Atlassian, situated within the strike price corridor from $160.0 to $210.0, throughout the last 30 days.
<h3>Atlassian Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714412740_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 style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TEAM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$11.1</td>
<td>$9.8</td>
<td>$9.8</td>
<td>$185.00</td>
<td>$122.5K</td>
<td style="text-align: right;">24</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>TEAM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$2.0</td>
<td>$1.8</td>
<td>$1.8</td>
<td>$185.00</td>
<td>$90.0K</td>
<td style="text-align: right;">563</td>
<td style="text-align: right;">939</td>
</tr>
<tr>
<td>TEAM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/03/24</td>
<td>$4.9</td>
<td>$4.7</td>
<td>$4.9</td>
<td>$177.50</td>
<td>$72.5K</td>
<td style="text-align: right;">85</td>
<td style="text-align: right;">345</td>
</tr>
<tr>
<td>TEAM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$18.1</td>
<td>$17.7</td>
<td>$17.85</td>
<td>$185.00</td>
<td>$67.9K</td>
<td style="text-align: right;">14</td>
<td style="text-align: right;">101</td>
</tr>
<tr>
<td>TEAM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$4.8</td>
<td>$4.7</td>
<td>$4.7</td>
<td>$177.50</td>
<td>$65.3K</td>
<td style="text-align: right;">85</td>
<td style="text-align: right;">49</td>
</tr>
</tbody>
</table>

<h3>About Atlassian</h3>
Atlassian produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney.
Following our analysis of the options activities associated with Atlassian, we pivot to a closer look at the company's own performance.
<h3>Current Position of Atlassian</h3>
<ul>
<li>With a volume of 1,115,203, the price of TEAM is up 0.86% at $180.99. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 94 days.</li>
</ul>
<h3>Professional Analyst Ratings for Atlassian</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $235.0.
<ul>
<li>An analyst from Barclays upgraded its action to Overweight with a price target of $275. </li>
<li>An analyst from Oppenheimer persists with their Outperform rating on Atlassian, maintaining a target price of $250. </li>
<li>An analyst from Truist Securities persists with their Hold rating on Atlassian, maintaining a target price of $200. </li>
<li>An analyst from TD Cowen persists with their Hold rating on Atlassian, maintaining a target price of $210. </li>
<li>An analyst from Mizuho has decided to maintain their Buy rating on Atlassian, which currently sits at a price target of $240. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Atlassian, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

TEAM

Looking At Atlassian's Recent Unusual Options Activity

Microsoft Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>),&nbsp;Meta Platforms Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), and&nbsp;Google&nbsp;parent&nbsp;Alphabet Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), along with other tech giants, are&nbsp;<a target="_blank" href="https://www.benzinga.com/news/23/11/35613488/great-news-for-nvidia-amazon-google-microsoft-spending-big-on-ai-and-cloud" rel="noreferrer noopener">investing heavily in</a>&nbsp;artificial intelligence infrastructure in 2024, signaling a shift from AI chatbots to the less glamorous, yet critical, &#8220;AI plumbing.&#8221;&nbsp;
This foundational technology, involving tens of billions of dollars, supports the industry&#8217;s burgeoning AI developments.
Companies like Amazon are overhauling their data centers to bolster AI capabilities and building new facilities, and even&nbsp;regions like Saudi Arabia are competing to construct supercomputers tailored for AI, according to the New York Times&nbsp;<a target="_blank" href="https://www.nytimes.com/2024/04/27/technology/ai-big-tech-spending.html#:~:text=Microsoft%2C%20Meta%2C%20and%20Google's%20parent,spending." rel="noreferrer noopener">reports</a>.&nbsp;
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38208919/microsofts-growth-soars-with-ai-innovations-projected-to-lead-in-public-cloud-by-20" rel="noreferrer noopener">Microsoft&#8217;s Growth Soars with AI Innovations, Projected to Lead in Public Cloud by 2032: Analyst</a>
The rush to enhance AI infrastructure has spurred a spending spree across the tech sector, anticipated to persist for several years.
This week, Microsoft, Meta, and Google&#8217;s parent company, Alphabet, reported a combined expenditure exceeding $32 billion on data centers and other capital expenses within the first quarter alone.&nbsp;
Despite this heavy outlay, all three companies have communicated their plans to maintain or increase AI investment levels to investors.
Meta emphasized the urgent need for substantial investment in AI chips and data centers, exceeding prior expectations.&nbsp;
Mark Zuckerberg, Meta&#8217;s CEO, affirmed the aggressive spending strategy in a recent investor call, signaling a long-term commitment to AI development.
According to their recent earnings reports, these companies are channeling investments into GPUs, custom&nbsp;AI compute processors (ASICs),&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38488420/broadcom-marvell-set-to-capitalize-on-ai-investments-from-microsoft-alphabet-meta-j" rel="noreferrer noopener">and networking infrastructure</a>.&nbsp;
As per JPMorgan analyst Harlan Sur, this is promising news for chip manufacturers such as&nbsp;Broadcom Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) and&nbsp;Marvell Technology Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>).
Tesla&nbsp;Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) bull&nbsp;Ross Gerber noted&nbsp;Nvidia Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Meta as the leading beneficiaries of&nbsp;the&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38460970/nvidia-meta-among-tech-stocks-that-stand-to-benefit-from-lots-of-infrastructure-spe" rel="noreferrer noopener">AI infrastructure spending</a>.
Last week, Tesla CEO&nbsp;Elon Musk&nbsp;announced plans to invest $10 billion in&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/04/38490345/tesla-to-spend-10b-in-training-and-inference-ai-in-2024-says-billionaire-elon-musk" rel="noreferrer noopener">AI training and inference</a>&nbsp;by 2024.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo by Pixels Hunter on Shutterstock

Media

AMZN

AVGO

GOOG

GOOGL

MRVL

MSFT

NVDA

Microsoft, Meta, and Alphabet Ramp Up AI Investments, Spend Over $32B in Q1

How do we look at cannabis companies&#39; cash flow? What is their total value and&nbsp;what methods are used to assess their worth?
A new report from <a href="https://www.benzinga.com/topic/viridian-capital-advisors">Viridian Capital Advisors</a> sheds light on how these factors interact to influence the valuations of public cannabis companies&nbsp;by analyzing cash flow, market capitalization&nbsp;and valuation metrics.
<h3>Why It Matters?</h3>
These indicators are crucial for evaluating the financial health and market position of cannabis companies and determining the potential of their stocks. For instance, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/01/36615898/bull-bear-case-for-top-weed-stock-in-california-neutral-initiation-and-why-cash-flo">cash flow</a> analysis can show a company&#39;s ability to meet short-term obligations.
Meanwhile, market capitalization represents a company&#39;s total market value, signaling its size and stability. Additionally, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/11/35840800/the-billion-dollar-question-how-much-are-cannabis-multi-state-operators-really-wort">valuation metrics</a>, such as the price-to-earnings ratio, help evaluate whether a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38362014/beyond-amazon-and-coca-cola-why-cannabis-is-catching-up-to-blue-chip-stocks-in-prof">stock </a>is priced appropriately relative to its earnings.
<h3>Liquidity And Valuation Correlations</h3>
<a href="https://dealtracker.viridianca.com/chart-of-the-week/">Viridian</a>&nbsp;categorizes twenty <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38420095/cannabis-companies-gains-u-s-versus-canada-averages-can-be-deceiving-irrational-mar">U.S. cannabis companies</a> into two groups based on market capitalization: those under $500 million and those above.
Within each group, companies are further segmented into quartiles based on a specialized liquidity measure &mdash; the free cash flow adjusted current ratio.
The findings highlight a distinct correlation between liquidity and valuation metrics, notably the Enterprise Value to consensus 2024 EBITDA estimates.
For companies under $500 million, the median EV/EBITDA ratio stands at 6.16x. This ratio ascends as liquidity increases, supporting the hypothesis that higher liquidity correlates with <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38254223/marijuana-investors-bet-big-on-long-term-growth-over-short-term-earnings-as-market-">higher valuation metrics</a> due to perceived lower risks of needing near-term capital.
<img alt="unnamed_1.png" src="https://www.benzinga.com/files/u503488/unnamed_1.png" style="height:524px; width:633px" />
<h3>A Shift In Larger Cap Companies</h3>
In the segment of companies with a market cap over $500 million, the trend inverts. Here, the median EV/EBITDA ratio is 8.86x, which unexpectedly decreases as liquidity increases.
This reverse correlation suggests that in larger companies,<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38206489/cannabis-markets-trading-volume-surges-up-292-viridian-capital-highlights-mixed-liq"> increased liquidity</a> might not always signify a safer investment.
Historical data from Viridian&rsquo;s Chart of the Week on January 24, 2021, corroborates this finding, showing large-cap groups trading at over 20x the next twelve months (NTM) EBITDA during periods of high liquidity.
While <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38343689/whats-the-net-worth-of-these-420-underdogs-mid-tier-cannabis-retailers-cultivators-">smaller companies</a> benefit from increased liquidity in terms of valuation, larger companies exhibit a more nuanced relationship where more liquidity can be associated with lower valuation metrics.
The paradox here lies in the unexpected reversal of traditional valuation trends related to cash flow. Typically, higher liquidity is associated with higher valuation metrics, indicating lower perceived risks.
However, in the case of <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/10/35299359/high-capex-high-rewards-analyst-looks-at-cannabis-msos-strategies">larger cannabis companies</a>, increased liquidity seems to correlate with lower valuation metrics, contradicting conventional expectations. This paradox,&nbsp;notes Viridian,&nbsp;challenges investors to reevaluate their assumptions and underscores the complexity of assessing investment opportunities within the cannabis sector.
Keep your cannabis business on track and raise capital&nbsp;at&nbsp;<a href="https://cannabismarketspotlight.com/" rel="noopener noreferrer" target="_blank">Benzinga&rsquo;s</a>
<a href="https://cannabismarketspotlight.com/" rel="noopener noreferrer" target="_blank">New Jersey Market Spotlight</a>&nbsp;on June 17. Network with key industry players, hear from the top operators and close deals that will shape the future. Act now&mdash; spots are filling fast. Get your tickets&nbsp;<a href="https://cannabismarketspotlight.com/" rel="noopener noreferrer" target="_blank">here</a>.
Photo: AI-Generated Image.&nbsp;

Analyst Color

Management

Events

Analyst Ratings

Trading Ideas

How Big Caps Rewrite Valuation Rules In Cannabis: Cash Puzzle For Companies Above And Below $500M

Rumors

AKAN

CRON

GRWG

MASSIVE INTERACTIVE NV by Massive Interactive, Inc.

HUGE

IMCC

LFLY

MAPS

MSOS

SNDL

TLRY

Watching Shares Of Marijuana Stocks; Traders Circulate Comments From The TDR Podcast Saying "We've Heard Rumors That Potentially That Announcement Could Be Coming This Week - Whatever The Decision May Be", "I'm Hearing From Some Sources That Pro-Marijuana Democratic Senators Are Saying It's Very Soon, As In Today Or Tomorrow. It Could Be Wishful Thinking Or Not."

<ul>
<li>A 14-carat gold Waltham pocket watch, retrieved from the Titanic sank, recently sold for &pound;1.175 million at auction.</li>
<li>The timing of the sale coincides with a recent surge in gold prices, which have seen a 13% increase this year.</li>
</ul>
John Jacob Astor&#39;s gold pocket watch, from the Titanic&#39;s wealthiest passenger, recently made headlines by fetching &pound;1.175 million at auction. This 14-carat gold Waltham watch was found on Astor&#39;s body a week after the tragedy.
It is engraved with Astor&#39;s initials, and is more than just a valuable item, it&#39;s a piece of history, especially when you consider Astor&#39;s final moments smoking a cigarette as the Titanic sank.
This sale&#39;s timing is interesting too, aligning with the recent surge in gold prices. With a 13% increase in gold value this year and a peak at $2431 on April 12th, albeit followed by a drop, gold remains a solid investment.
The 20-day simple moving average acted as a safety net support for gold, hinting at a potential bounce followed by a bullish trend. Investors are now speculating on whether the price of gold will reach and surpass targets as high as $2500 and $3000, demonstrating gold&#39;s allure as an investment.
Silver&#39;s market movements often reflect those of gold, with both metals typically experiencing similar shifts. Recently, silver&#39;s value decreased by 10%, dropping from nearly $30 to $26.
But, should gold exceed its all-time high, it&#39;s expected that silver will leap over the $30 psychological resistance above, initiating a more extensive rally.
<img alt="2024-04-29_18-33-48.jpg" src="https://www.benzinga.com/files/u517520/2024-04-29_18-33-48.jpg" style="height:345px; width:624px" />
The period from 2001 to 2011, when gold surged by 650%, is a reminder of the potential for significant growth over time.
These historical examples provide a positive view on the future of gold, hinting that current trends could lead to a significant rise in the market.
After the closing bell on Friday, April 26, gold closed at $2337.91, trading up by 0.28%.
This article is from an unpaid external contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.

Commodities

General

The Timely Gold Pocket Watch Sale For £1.175 Million As Gold Prices Soar With Promises To Climb Even Higher

<table align="center">
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<tr>
<td>Excitement is brewing in the heart of Asia as Hong Kong regulators pave the way for a new era of innovation with the recent approval of spot Bitcoin exchange-traded funds (ETFs). This groundbreaking development underscores Hong Kong&#39;s commitment to becoming a regulated hub for Bitcoin. At the same time, the Bitcoin Conference is bringing the best and brightest Bitcoiners from around the world to Hong Kong for Bitcoin Asia.</td>
</tr>
<tr>
<td>The Bitcoin Asia Conference, scheduled for May 9 - May 10, 2024 at Kai Tak Cruise Terminal in Hong Kong, stands as a beacon for this transformative era, poised to bring together the brightest minds and industry leaders for a dynamic exploration of the future of finance. Against the backdrop of this groundbreaking regulatory milestone, the conference promises an electrifying lineup of speakers, insightful sessions, and unparalleled networking opportunities.</td>
</tr>
<tr>
<td>Exclusive Insights from Industry Titans</td>
</tr>
<tr>
<td>At Bitcoin Asia, attendees will have the unique opportunity to glean exclusive insights from some of the industry&#39;s most respected innovators and leaders. With their wealth of experience and firsthand knowledge, these luminaries will offer unparalleled perspectives on the evolving landscape of digital assets both in Hong Kong and globally.</td>
</tr>
<tr>
<td>&nbsp;</td>
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<tr>
<td>&ldquo;Hong Kong is spearheading the future of Bitcoin enterprise financialization through its recently-approved in-kind Spot ETF. Bitcoin Asia will showcase the best and brightest entrepreneurs, ETF issues, funds, developers, and miners from the APAC region.&rdquo;
- Alex McShane, Director of Programming at Bitcoin Conference
</td>
</tr>
<tr>
<td>Notable Speakers:</td>
</tr>
<tr>
<td>&bull; Johnny Ng, Member of HKSAR Legislative Council 
			Johnny Ng champions progressive virtual asset policies, shaping the regulatory landscape and fostering a conducive environment for the growth and innovation of the digital asset industry in Hong Kong and beyond.</td>
</tr>
<tr>
<td>&bull; Han Tongli, CEO &amp; CIO of Harvest Global Investments Limited 
			Han Tongli pioneered the Bitcoin spot ETF launch in Hong Kong, bridging crypto with traditional finance through his extensive experience in investment management and financial innovation.</td>
</tr>
<tr>
<td>&bull; Casey Rodarmor, Creator of Ordinals &amp; Runes Protocols 
			As the mind behind both Ordinals and Runes protocols, Casey Rodarmor drives innovation in blockchain technology, pushing the boundaries of what&#39;s possible in decentralized systems with his groundbreaking work.</td>
</tr>
<tr>
<td>&bull; Elizabeth Stark, CEO and Founder of Lightning Labs 
			Elizabeth Stark leads Lightning Labs, revolutionizing Bitcoin transactions globally with her visionary leadership and dedication to scalability.</td>
</tr>
<tr>
<td>&bull; Jack Kong, Director of Hong Kong Cyberport 
			With a focus on long-term vision, Jack Kong shapes the future of tech in Hong Kong, fostering an ecosystem of innovation and growth that positions the city as a global leader in technology and entrepreneurship.</td>
</tr>
<tr>
<td>&bull; Rex Zhou, Cofounder &amp; Chief Engineer of Magic Eden 
			Rex Zhou&rsquo;s Magic Eden and MSigner continue to advance the frontier of secure crypto transactions, offering unparalleled solutions for the seamless exchange of digital assets while ensuring utmost security and privacy for users.</td>
</tr>
<tr>
<td>&bull; Jademont Zheng, Founding Partner of Waterdrip Capital 
			Jademont Zheng&rsquo;s strategic investments in Bitcoin startups drive industry growth and innovation, leveraging his vast experience and expertise to identify and support the most promising ventures shaping the future of finance and technology.</td>
</tr>
<tr>
<td>Highlighted Sessions:</td>
</tr>
<tr>
<td>&bull; Bitcoin Financialization in Hong Kong 
			Witness the historic approval of Bitcoin ETFs in Hong Kong and explore its groundbreaking future in Bitcoin financialization as a leading hub in Asia.</td>
</tr>
<tr>
<td>&bull; From Ordinal to Market 
			Uncover the journey from conceptualization to market realization, delving into the intricate process of transforming the revolutionary concept of digital art into tangible solutions within the Bitcoin ecosystem.</td>
</tr>
<tr>
<td>&bull;&nbsp;Relay Policy Revolt: How Miners Ignore Bitcoin Core To Maximize Profit 
			Gain insights into the evolving dynamics of Bitcoin mining, as industry experts discuss strategies employed by miners to optimize profits, sometimes diverging from the core protocol&rsquo;s recommendations.</td>
</tr>
<tr>
<td>&bull; Digital Assets, Gaming &amp; The Future of Bitcoin 
			Discover the intersection of digital assets and gaming, as visionary leaders explore how the gaming industry is shaping the future of Bitcoin adoption and innovation.</td>
</tr>
<tr>
<td>&bull; Bitcoin DeFi: Protocol Layer 
			Dive into the decentralized finance (DeFi) landscape built on the Bitcoin protocol layer, examining the latest developments and opportunities in this rapidly evolving sector.</td>
</tr>
<tr>
<td>&bull;&nbsp;Layer 2 Venture Capital 
			Explore the investment landscape surrounding Layer 2 solutions for Bitcoin, as experienced venture capitalists discuss funding opportunities and potential for growth in scaling solutions beyond the base layer.</td>
</tr>
<tr>
<td>Check out the full agenda, now live on our website!</td>
</tr>
<tr>
<td><a href="https://ses.prsts.de/CL0/https:%2F%2Fb.tc%2Fconference%2Fzh-hk%2Fasia%2Fagenda/1/0102018f08e3c892-a0cf5137-7b29-4795-9eef-511858372eaa-000000/5WS662M7bHP6CNzx_myEvVVCjVKZRulO6SbducsH8Dk=349" target="_blank">Full Agenda Here</a></td>
</tr>
<tr>
<td>Grab your ticket today and enjoy a 10% OFF discount using the code &ldquo;HKPR&rdquo; at checkout!</td>
</tr>
<tr>
<td><a href="https://ses.prsts.de/CL0/https:%2F%2Fasia.b.tc%2Fdiscount%2FHKPR/1/0102018f08e3c892-a0cf5137-7b29-4795-9eef-511858372eaa-000000/A0tMIpId_txdydrYlG55zJsRVbkPaxHmh3x1-aspeDw=349" target="_blank">Claim Tickets Here</a></td>
</tr>
</tbody>
</table>

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

Cryptocurrency

Bitcoin Conference to Bring Star-Studded Lineup of Speakers to Honk Kong on Dawn of Historic ETFs.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PYPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$75.00</td>
<td>$354.0K</td>
<td>12.7K</td>
<td>5.1K</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$195.00</td>
<td>$27.9K</td>
<td>3.5K</td>
<td>3.0K</td>
</tr>
<tr>
<td>COIN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/03/24</td>
<td>$200.00</td>
<td>$40.0K</td>
<td>1.4K</td>
<td>1.6K</td>
</tr>
<tr>
<td>AMRK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$40.00</td>
<td>$70.0K</td>
<td>1.4K</td>
<td>751</td>
</tr>
<tr>
<td>RKT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$12.00</td>
<td>$177.8K</td>
<td>10.5K</td>
<td>659</td>
</tr>
<tr>
<td>C</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$67.50</td>
<td>$32.4K</td>
<td>2.4K</td>
<td>255</td>
</tr>
<tr>
<td>PRAA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$25.00</td>
<td>$26.4K</td>
<td>369</td>
<td>240</td>
</tr>
<tr>
<td>FUTU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$65.00</td>
<td>$106.1K</td>
<td>2.2K</td>
<td>224</td>
</tr>
<tr>
<td>RILY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$30.00</td>
<td>$46.0K</td>
<td>52</td>
<td>197</td>
</tr>
<tr>
<td>BHF</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$50.00</td>
<td>$53.2K</td>
<td>814</td>
<td>146</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding PYPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), we observe a call option trade with bearish sentiment. It expires in 53 day(s) on June 21, 2024. Parties traded 2000 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $354.0K, with a price of $177.0 per contract. There were 12756 open contracts at this strike prior to today, and today 5183 contract(s) were bought and sold. 
• For JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on May 3, 2024. This event was a transfer of 225 contract(s) at a $195.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $124.0 per contract. There were 3505 open contracts at this strike prior to today, and today 3063 contract(s) were bought and sold. 
• Regarding COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we observe a put option trade with bullish sentiment. It expires in 4 day(s) on May 3, 2024. Parties traded 100 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $40.0K, with a price of $400.0 per contract. There were 1432 open contracts at this strike prior to today, and today 1670 contract(s) were bought and sold. 
• For AMRK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRK#NASDAQ">AMRK</a>), we notice a call option sweep that happens to be bullish, expiring in 144 day(s) on September 20, 2024. This event was a transfer of 125 contract(s) at a $40.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $70.0K, with a price of $560.0 per contract. There were 1435 open contracts at this strike prior to today, and today 751 contract(s) were bought and sold. 
• For RKT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RKT#NYSE">RKT</a>), we notice a call option sweep that happens to be bullish, expiring in 627 day(s) on January 16, 2026. This event was a transfer of 508 contract(s) at a $12.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $177.8K, with a price of $350.0 per contract. There were 10531 open contracts at this strike prior to today, and today 659 contract(s) were bought and sold. 
• For C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we notice a put option sweep that happens to be bearish, expiring in 263 day(s) on January 17, 2025. This event was a transfer of 40 contract(s) at a $67.50 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $32.4K, with a price of $810.0 per contract. There were 2483 open contracts at this strike prior to today, and today 255 contract(s) were bought and sold. 
• For PRAA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRAA#NASDAQ">PRAA</a>), we notice a call option sweep that happens to be bearish, expiring in 18 day(s) on May 17, 2024. This event was a transfer of 240 contract(s) at a $25.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $110.0 per contract. There were 369 open contracts at this strike prior to today, and today 240 contract(s) were bought and sold. 
• Regarding FUTU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>), we observe a call option trade with bullish sentiment. It expires in 53 day(s) on June 21, 2024. Parties traded 193 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $106.1K, with a price of $550.0 per contract. There were 2268 open contracts at this strike prior to today, and today 224 contract(s) were bought and sold. 
• Regarding RILY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RILY#NASDAQ">RILY</a>), we observe a put option sweep with bearish sentiment. It expires in 53 day(s) on June 21, 2024. Parties traded 94 contract(s) at a $30.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $46.0K, with a price of $490.0 per contract. There were 52 open contracts at this strike prior to today, and today 197 contract(s) were bought and sold. 
• For BHF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BHF#NASDAQ">BHF</a>), we notice a put option sweep that happens to be bullish, expiring in 109 day(s) on August 16, 2024. This event was a transfer of 140 contract(s) at a $50.00 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $53.2K, with a price of $380.0 per contract. There were 814 open contracts at this strike prior to today, and today 146 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMRK

Brighthouse Financial, Inc. - Common Stock

COIN

FUTU

PRAA

PYPL

RILY

10 Financials Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$200.00</td>
<td>$72.0K</td>
<td>12.2K</td>
<td>183.7K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/03/24</td>
<td>$190.00</td>
<td>$30.7K</td>
<td>20.3K</td>
<td>16.5K</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$85.00</td>
<td>$29.8K</td>
<td>25.6K</td>
<td>6.7K</td>
</tr>
<tr>
<td>NCLH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$21.00</td>
<td>$37.1K</td>
<td>2.7K</td>
<td>5.0K</td>
</tr>
<tr>
<td>DKNG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$30.00</td>
<td>$62.0K</td>
<td>6.6K</td>
<td>2.6K</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$47.50</td>
<td>$42.0K</td>
<td>1.6K</td>
<td>2.2K</td>
</tr>
<tr>
<td>RIVN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$7.50</td>
<td>$51.0K</td>
<td>14.5K</td>
<td>1.1K</td>
</tr>
<tr>
<td>SBUX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$70.00</td>
<td>$26.8K</td>
<td>439</td>
<td>1.1K</td>
</tr>
<tr>
<td>MBLY</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/17/24</td>
<td>$28.00</td>
<td>$60.2K</td>
<td>938</td>
<td>1.0K</td>
</tr>
<tr>
<td>PDD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$115.00</td>
<td>$497.7K</td>
<td>1.3K</td>
<td>592</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on May 3, 2024. Parties traded 150 contract(s) at a $200.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $72.0K, with a price of $480.0 per contract. There were 12220 open contracts at this strike prior to today, and today 183781 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option trade that happens to be bullish, expiring in 4 day(s) on May 3, 2024. This event was a transfer of 83 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $30.7K, with a price of $370.0 per contract. There were 20340 open contracts at this strike prior to today, and today 16506 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a call option sweep with bearish sentiment. It expires in 53 day(s) on June 21, 2024. Parties traded 200 contract(s) at a $85.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $29.8K, with a price of $149.0 per contract. There were 25624 open contracts at this strike prior to today, and today 6746 contract(s) were bought and sold. 
• Regarding NCLH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>), we observe a call option sweep with bearish sentiment. It expires in 18 day(s) on May 17, 2024. Parties traded 1000 contract(s) at a $21.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $37.1K, with a price of $37.0 per contract. There were 2737 open contracts at this strike prior to today, and today 5020 contract(s) were bought and sold. 
• For DKNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), we notice a put option sweep that happens to be bullish, expiring in 53 day(s) on June 21, 2024. This event was a transfer of 2686 contract(s) at a $30.00 strike. This particular put needed to be split into 49 different trades to become filled. The total cost received by the writing party (or parties) was $62.0K, with a price of $23.0 per contract. There were 6635 open contracts at this strike prior to today, and today 2686 contract(s) were bought and sold. 
• Regarding JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we observe a call option sweep with bearish sentiment. It expires in 144 day(s) on September 20, 2024. Parties traded 1000 contract(s) at a $47.50 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $42.0K, with a price of $42.0 per contract. There were 1627 open contracts at this strike prior to today, and today 2241 contract(s) were bought and sold. 
• Regarding RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we observe a put option sweep with bearish sentiment. It expires in 53 day(s) on June 21, 2024. Parties traded 1000 contract(s) at a $7.50 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $51.0K, with a price of $51.0 per contract. There were 14594 open contracts at this strike prior to today, and today 1159 contract(s) were bought and sold. 
• For SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we notice a put option sweep that happens to be bearish, expiring in 417 day(s) on June 20, 2025. This event was a transfer of 100 contract(s) at a $70.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $26.8K, with a price of $268.0 per contract. There were 439 open contracts at this strike prior to today, and today 1157 contract(s) were bought and sold. 
• Regarding MBLY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>), we observe a put option trade with neutral sentiment. It expires in 18 day(s) on May 17, 2024. Parties traded 446 contract(s) at a $28.00 strike. The total cost received by the writing party (or parties) was $60.2K, with a price of $135.0 per contract. There were 938 open contracts at this strike prior to today, and today 1069 contract(s) were bought and sold. 
• Regarding PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we observe a put option trade with bullish sentiment. It expires in 172 day(s) on October 18, 2024. Parties traded 550 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $497.7K, with a price of $905.0 per contract. There were 1371 open contracts at this strike prior to today, and today 592 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BABA

DKNG

MBLY

NCLH

Citigourp Global Markets 2% Protected Notes Linked To The Djia

RIVN

SBUX

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$900.00</td>
<td>$195.7K</td>
<td>17.2K</td>
<td>41.3K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/03/24</td>
<td>$170.00</td>
<td>$48.6K</td>
<td>9.8K</td>
<td>20.1K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$170.00</td>
<td>$28.4K</td>
<td>14.1K</td>
<td>11.3K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/03/24</td>
<td>$118.00</td>
<td>$30.9K</td>
<td>1.3K</td>
<td>5.9K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$1000.00</td>
<td>$25.8K</td>
<td>2.3K</td>
<td>3.1K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$26.00</td>
<td>$69.5K</td>
<td>8.6K</td>
<td>3.0K</td>
</tr>
<tr>
<td>QCOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$167.50</td>
<td>$25.4K</td>
<td>515</td>
<td>602</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$42.00</td>
<td>$393.4K</td>
<td>10.3K</td>
<td>379</td>
</tr>
<tr>
<td>ADI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$210.00</td>
<td>$384.0K</td>
<td>6</td>
<td>200</td>
</tr>
<tr>
<td>ENPH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$105.00</td>
<td>$70.8K</td>
<td>2.1K</td>
<td>161</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on May 3, 2024. This event was a transfer of 159 contract(s) at a $900.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $195.7K, with a price of $1230.0 per contract. There were 17235 open contracts at this strike prior to today, and today 41302 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a put option trade that happens to be neutral, expiring in 4 day(s) on May 3, 2024. This event was a transfer of 300 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $48.6K, with a price of $162.0 per contract. There were 9852 open contracts at this strike prior to today, and today 20152 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on May 3, 2024. Parties traded 89 contract(s) at a $170.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $28.4K, with a price of $320.0 per contract. There were 14108 open contracts at this strike prior to today, and today 11366 contract(s) were bought and sold. 
• Regarding MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on May 3, 2024. Parties traded 260 contract(s) at a $118.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $30.9K, with a price of $118.0 per contract. There were 1365 open contracts at this strike prior to today, and today 5915 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a call option trade with bearish sentiment. It expires in 4 day(s) on May 3, 2024. Parties traded 10 contract(s) at a $1000.00 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $2587.0 per contract. There were 2320 open contracts at this strike prior to today, and today 3135 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be bearish, expiring in 53 day(s) on June 21, 2024. This event was a transfer of 500 contract(s) at a $26.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $69.5K, with a price of $139.0 per contract. There were 8661 open contracts at this strike prior to today, and today 3026 contract(s) were bought and sold. 
• Regarding QCOM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), we observe a call option trade with bearish sentiment. It expires in 4 day(s) on May 3, 2024. Parties traded 40 contract(s) at a $167.50 strike. The total cost received by the writing party (or parties) was $25.4K, with a price of $635.0 per contract. There were 515 open contracts at this strike prior to today, and today 602 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a put option trade with bearish sentiment. It expires in 144 day(s) on September 20, 2024. Parties traded 366 contract(s) at a $42.00 strike. The total cost received by the writing party (or parties) was $393.4K, with a price of $1075.0 per contract. There were 10360 open contracts at this strike prior to today, and today 379 contract(s) were bought and sold. 
• Regarding ADI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>), we observe a put option trade with bullish sentiment. It expires in 235 day(s) on December 20, 2024. Parties traded 200 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $384.0K, with a price of $1920.0 per contract. There were 6 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold. 
• Regarding ENPH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>), we observe a put option sweep with bearish sentiment. It expires in 53 day(s) on June 21, 2024. Parties traded 135 contract(s) at a $105.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $70.8K, with a price of $525.0 per contract. There were 2162 open contracts at this strike prior to today, and today 161 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AAPL

ENPH

INTC

MARA

QCOM

10 Information Technology Stocks With Whale Alerts In Today's Session

BofA Securities&nbsp;analyst Bryan Spillane reiterated a Buy rating on the shares of&nbsp;Colgate-Palmolive Company&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>) and&nbsp;<a target="_blank" href="https://www.benzinga.com/quote/CL/analyst-ratings" rel="noreferrer noopener">raised the price target from $90 to $100.</a>
CL opened the year with organic sales growth of +9.8% and&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/04/38458854/colgate-palmolive-eyes-strong-levels-of-brand-investment-following-q1-performance-raises-annual-rev" rel="noreferrer noopener">high-quality EPS of $0.86 versus the analyst's estimate of $0.82.</a>
Pricing growth of +8.5% exceeded the analyst's forecast by +410 basis points, helping deliver 330 basis points of gross margin expansion that drove the +150 basis points beat vs the analyst's estimates.
Hyperinflation in Argentina, Africa, and the&nbsp;Mid-East&nbsp;was&nbsp;largely&nbsp;responsible for the upside&nbsp;as&nbsp;evidenced by the widest outperformance by segment in Latam and Africa/Eurasia.
Share gains in North America&nbsp;is&nbsp;a testament&nbsp;to Colgate's brand-building and analytics-driven marketing strategy.
The analyst highlighted&nbsp;both&nbsp;EPS outperformance and meaningfully higher marketing&nbsp;spend, to which management attributed the favorable market share gains across markets, including the U.S.
For the second quarter, the analyst forecasts an organic growth of +5.8% Y/Y, noting easier North America comps and China improvement but less Latam pricing, with $0.85 of EPS.&nbsp;
For FY24, the analyst raised the organic sales growth estimate from +4.5% to +6.5%,&nbsp;mostly&nbsp;on higher pricing to offset incremental FX and keep EPS of $3.50 unchanged.
The increased price target implies a target P/E multiple of 26.5x to the analyst's FY25e EPS.
It represents a 2.5x increase and a 30% premium to peers above the flat historical average, supported by favorable volume trends, pricing, and margin power as market share momentum continues to build.
Price Action: CL shares are trading lower by 0.87% at $90.22 at the last check Monday.
Photo by thetaxhaven via Flickr

Equities

Price Target

Reiteration

Colgate-Palmolive Has Strong Brand-Building And Analytics-Driven Marketing Strategy, Says Analyst

Next.e.GO N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGOX#NASDAQ">EGOX</a>) ("e.GO") today announced that on April 26, 2024 the Company received an Additional Staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that the Nasdaq Hearings Panel (the "Panel") will consider this matter in rendering a determination regarding the Company's continued listing on The Nasdaq Capital Market. The Company has previously been notified by the Listing Qualifications Department, that it has not paid certain fees required by Listing Rule 5250(f). The Company's past due fee balance currently totals $65,500. Accordingly, this matter serves as an additional basis for delisting the Company's securities from The Nasdaq Stock Market. &nbsp;
In addition, the Company has previously been informed by the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") to delist the Company's securities because the Company's securities have had a closing bid price below $0.10 for ten consecutive trading days, which triggers a notice of delisting pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the "Low Priced Stocks Rule").
In addition to the $0.10 Rule delisting notice, the Company also currently fails to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5810(c)(3)(A) (the "Minimum Bid Price Rule"). The Company has received a period of 180 calendar days to return to compliance with the Minimum Bid Price Rule, which compliance period expires on June 10, 2024. If the Company's securities fail to regain compliance with the Minimum Bid Price Rule, Nasdaq will have an additional basis for delisting the securities.
The Company had requested an appeal of the Letter. The Hearing was scheduled for May 16, 2024. The Company withdrew its appeal today. Accordingly, the Hearing will not take place and the Company's share will be delisted from Nasdaq.

EGOX

Next.e.GO Announces Additional Staff Determination Letter And Delisting; Hearing Was Scheduled For May 16, 2024, Co Withdrew Its Appeal, The Hearing Will Not Take Place And The Co's Share Will Be Delisted From Nasdaq

Grant Cardone Says Real Men Are In Short Supply — ‘If You Can't Take Care Of&nbsp; Your Family, You Gotta Ask Yourself How Much Of A Man Are You?&#8217;
Grant Cardone, a real estate mogul known for his brash rhetoric and uncompromising views on manhood and financial responsibility, has again stirred controversy with his unapologetic remarks.
In a video posted to his Facebook page last year, Cardone included the caption, "A lot of you all will disagree and get upset with me. If you do, you probably fit the criteria."
Cardone's statements encapsulate his philosophy, as he went on to explain, "There is a shortage of REAL MEN on this planet. Most men are frankly just p&#x2A;&#x2A;&#x2A;&#x2A;&#x2A;s. Look man, if you can't get your money right, something is wrong. If you can't take care of your family, you gotta ask yourself how much of a man are you?"
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Cardone, who does not shy away from provoking his audience, believes that being a man extends beyond financial provision; it includes creating a nurturing and secure environment for the family.&nbsp;
"My job as a man is to provide a place where it's warm, where we can sleep, are protected, there is food," he said. "I need to be able to take care of the family, shelter, food, clothing, and I need to be able to have some fun. My family wants to have fun. They wanna have experiences."
His perspective on financial independence is clear.&nbsp;
"So men need to like bone up — the government can't take care of you. Get strong. Get a backbone. Take care of your family," he said.&nbsp;
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Cardone's viewpoint is that personal responsibility and strength are nonnegotiable, especially when it comes to providing for your family.
Cardone also has had harsh words for those who might feel content with what others would consider a substantial income, stating, "If I made $400 grand a year <a href="https://www.benzinga.com/general/24/02/37202200/grant-cardone-says-earning-400-000-a-year-would-embarrass-him-as-a-husband-father-and-human-being-ho">I would be embarrassed with myself</a> as a husband, a father, basically as a human being."&nbsp;
He argued that in the face of potential disasters, you need to be financially fortified, suggesting millions, not thousands, are necessary for true financial security.
Cardone often challenges popular notions about career and passion, advising you not to do what you love, do what makes you money. This philosophy underpins his approach to financial success — practicality over passion, a stance that sparks debate.
Cardone concludes with a direct challenge to his detractors.
"Quit blaming the government. Your neighbor, the economy, bad conditions. Whatever," he said. "People just need to man up."
His straightforward, no-holds-barred communication style ensures that his messages not only resonate but also ruffle feathers, making him a polarizing figure in the discourse on financial independence and masculinity.
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<li>Dara Khosrowshahi-Backed Startup Lets You <a href="https://www.benzinga.com/go/dara-backed-startup">Become a Landlord with $100</a>.</li>
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</ul>

Real Estate

Grant Cardone Says There's A Shortage Of Real Men — 'If You Can't Take Care Of Your Family, You Gotta Ask Yourself How Much Of A Man Are You?'

Deep-pocketed investors have adopted a bearish approach towards Vale (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VALE#NYSE">VALE</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 VALE usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 14 extraordinary options activities for Vale. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 35% leaning bullish and 64% bearish. Among these notable options, 7 are puts, totaling $282,370, and 7 are calls, amounting to $329,746.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $3.0 to $15.0 for Vale over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Vale'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 Vale's whale trades within a strike price range from $3.0 to $15.0 in the last 30 days. 
<h3>Vale Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714411881_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>VALE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$3.05</td>
<td>$2.96</td>
<td>$2.96</td>
<td>$15.00</td>
<td>$89.0K</td>
<td>17.9K</td>
<td>1.1K</td>
</tr>
<tr>
<td>VALE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$0.5</td>
<td>$0.44</td>
<td>$0.45</td>
<td>$15.00</td>
<td>$84.2K</td>
<td>97.3K</td>
<td>2.5K</td>
</tr>
<tr>
<td>VALE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$9.5</td>
<td>$9.45</td>
<td>$9.47</td>
<td>$3.00</td>
<td>$47.3K</td>
<td>725</td>
<td>150</td>
</tr>
<tr>
<td>VALE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$9.5</td>
<td>$9.45</td>
<td>$9.47</td>
<td>$3.00</td>
<td>$47.3K</td>
<td>725</td>
<td>100</td>
</tr>
<tr>
<td>VALE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$9.5</td>
<td>$9.45</td>
<td>$9.47</td>
<td>$3.00</td>
<td>$47.3K</td>
<td>725</td>
<td>0</td>
</tr>
</tbody>
</table>

<h3>About Vale</h3>
Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in energy transition metals, its base metals business, which is expected to become effective in 2024, and which is likely the first step in separating base metals and iron ore.
In light of the recent options history for Vale, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Vale Standing Right Now?</h3>
<ul>
<li>With a volume of 9,288,841, the price of VALE is up 0.65% at $12.36. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 87 days.</li>
</ul>
<h3>Expert Opinions on Vale</h3>
In the last month, 4 experts released ratings on this stock with an average target price of $16.5.
<ul>
<li>An analyst from JP Morgan persists with their Overweight rating on Vale, maintaining a target price of $20. </li>
<li>Consistent in their evaluation, an analyst from Deutsche Bank keeps a Hold rating on Vale with a target price of $16. </li>
<li>An analyst from Barclays persists with their Overweight rating on Vale, maintaining a target price of $17. </li>
<li>Reflecting concerns, an analyst from B of A Securities lowers its rating to Neutral with a new price target of $13.</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 Vale options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

VALE

Vale Unusual Options Activity

Whales with a lot of money to spend have taken a noticeably bullish stance on JPMorgan Chase.
Looking at options history for JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) we detected 24 trades.
If we consider the specifics of each trade, it is accurate to state that 62% of the investors opened trades with bullish expectations and 29% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $170,903 and 20, calls, for a total amount of $1,044,225.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $180.0 to $220.0 for JPMorgan Chase over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</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 JPMorgan Chase'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 JPMorgan Chase's whale activity within a strike price range from $180.0 to $220.0 in the last 30 days. 
<h3>JPMorgan Chase Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714411875_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>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$27.15</td>
<td>$26.15</td>
<td>$27.15</td>
<td>$195.00</td>
<td>$133.0K</td>
<td>749</td>
<td>56</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$1.62</td>
<td>$1.61</td>
<td>$1.62</td>
<td>$197.50</td>
<td>$131.0K</td>
<td>601</td>
<td>966</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$13.3</td>
<td>$13.2</td>
<td>$13.25</td>
<td>$200.00</td>
<td>$99.3K</td>
<td>4.6K</td>
<td>125</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/10/24</td>
<td>$3.5</td>
<td>$3.5</td>
<td>$3.5</td>
<td>$192.50</td>
<td>$70.0K</td>
<td>1.0K</td>
<td>1.0K</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$13.3</td>
<td>$13.15</td>
<td>$13.22</td>
<td>$200.00</td>
<td>$66.1K</td>
<td>4.6K</td>
<td>50</td>
</tr>
</tbody>
</table>

<h3>About JPMorgan Chase</h3>
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $3.9 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.
Having examined the options trading patterns of JPMorgan Chase, 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 JPMorgan Chase</h3>
<ul>
<li>Currently trading with a volume of 2,336,735, the JPM's price is up by 0.01%, now at $193.5. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 74 days.</li>
</ul>
<h3>What The Experts Say On JPMorgan Chase</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $211.4.
<ul>
<li>An analyst from BMO Capital has decided to maintain their Market Perform rating on JPMorgan Chase, which currently sits at a price target of $195. </li>
<li>Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on JPMorgan Chase with a target price of $216. </li>
<li>An analyst from UBS has decided to maintain their Buy rating on JPMorgan Chase, which currently sits at a price target of $219. </li>
<li>An analyst from Evercore ISI Group persists with their Outperform rating on JPMorgan Chase, maintaining a target price of $210. </li>
<li>An analyst from Oppenheimer persists with their Outperform rating on JPMorgan Chase, maintaining a target price of $217. </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 JPMorgan Chase options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Check Out What Whales Are Doing With JPM

Whales with a lot of money to spend have taken a noticeably bullish stance on Barrick Gold.
Looking at options history for Barrick Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 60% of the investors opened trades with bullish expectations and 30% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $930,769 and 5, calls, for a total amount of $380,314.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $13.0 to $37.0 for Barrick Gold over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Barrick Gold'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 Barrick Gold's whale trades within a strike price range from $13.0 to $37.0 in the last 30 days. 
<h3>Barrick Gold Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714411870_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$8.15</td>
<td>$7.95</td>
<td>$7.95</td>
<td>$25.00</td>
<td>$238.5K</td>
<td>377</td>
<td style="text-align: right;">601</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$8.0</td>
<td>$7.9</td>
<td>$7.9</td>
<td>$25.00</td>
<td>$237.0K</td>
<td>377</td>
<td style="text-align: right;">605</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$8.05</td>
<td>$7.95</td>
<td>$7.95</td>
<td>$25.00</td>
<td>$232.1K</td>
<td>377</td>
<td style="text-align: right;">301</td>
</tr>
<tr>
<td>GOLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$7.9</td>
<td>$7.8</td>
<td>$7.8</td>
<td>$25.00</td>
<td>$190.3K</td>
<td>377</td>
<td style="text-align: right;">905</td>
</tr>
<tr>
<td>GOLD</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$4.5</td>
<td>$4.4</td>
<td>$4.45</td>
<td>$15.00</td>
<td>$178.0K</td>
<td>14.6K</td>
<td style="text-align: right;">42</td>
</tr>
</tbody>
</table>

<h3>About Barrick Gold</h3>
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.
Having examined the options trading patterns of Barrick Gold, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Barrick Gold Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 9,541,209, the GOLD's price is up by 0.29%, now at $17.14. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 2 days.</li>
</ul>
<h3>Professional Analyst Ratings for Barrick Gold</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $26.0.
<ul>
<li>An analyst from BMO Capital has decided to maintain their Outperform rating on Barrick Gold, which currently sits at a price target of $26. </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 Barrick Gold options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

GOLD

Market Whales and Their Recent Bets on GOLD Options

Axon Enterprise (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>) has outperformed the market over the past 5 years by 25.09% on an annualized basis producing an average annual return of 36.73%. Currently, Axon Enterprise has a market capitalization of $23.45 billion. 
Buying $1000 In AXON: If an investor had bought $1000 of AXON stock 5 years ago, it would be worth $4,855.59 today based on a price of $310.75 for AXON at the time of writing.
<h3>Axon Enterprise's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714411819_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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