Monarch Ambassador Income Index ETF (BATS: MAMB)

Monarch Ambassador Income Index ETF (BATS:MAMB), Quote.Headers.trade-ideas

The Fund generally invests at least 80% of its total assets in the constituents of the Index. The Index is designed to measure the performance of an investable universe of fixed income securities of varying credit quality and duration, including corporate bonds, lower-quality bonds, known as high yield or junk bonds, treasury bonds, municipal bonds, mortgage backed securities and convertible bonds, that provide broad exposure to the U.S. and global bond market. The Index has approximately 12 ETF constituents which are weighted differently throughout the phases of the economic cycle (i.e., expansion, peak, contraction, trough) in an effort to maximize risk-adjusted returns. The Index may have up to 12.5% in an alternative sleeve of instruments that could range from currency ETFs to commodity ETFs. The Fund will not invest more than 15% of its net assets in illiquid securities.

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Ishares Iboxx $ Investment Grade Corporate Bond ETF Etp USD

Ishares 7-10 Year Treasury Bond ETF

Ishares Core U.s. Aggregate

Ishares 1-3 Year Treasury Bond Fund

SPDR Bloomberg Barclays Convertible Securities ETF

Invesco Taxable Municipal

Ishares 20+ Year Treasury Bond ETF

Ishares Gold Trust ETF

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Monarch Ambassador Income Index ETF

In an aggressive start to its monetary policy easing, the Federal Reserve cut the interest rates by 50 basis points, bringing the fund rates to the 4.75-5% range.
This marked the end of an era of aggressive interest rate hikes to tame &quot;persistent&quot; inflation. The central also indicated two more rate cuts this year, which will bring the Fed funds rate down to 4.4% in 2024.
Following the announcement, the markets&#39; reaction was subdued, and all three major indexes ended in red on Wednesday. On the other hand, indexes related to banks, including the KBW Nasdaq Bank Index and the S&amp;P Banks Select Industry Index closed in green.
The interest rate cut is a positive development for banks like Bank of America (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bac#NYSE">BAC</a>), Citigroup (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/c#NYSE">C</a>) and Comerica (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cma#NYSE">CMA</a>). Banks have been reeling under increasing funding cost pressure. Though higher rates led to a significant jump in banks&#39; net interest income (NII), the same resulted in increased funding costs, which squeezed the net interest margin.
As interest rates come down, funding costs will gradually stabilize and then decline. Hence, this will alleviate pressure on NIM to some extent.
On the other hand, JPMorgan (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jpm#NYSE">JPM</a>) is expected to witness a fall in NII next year. The company&#39;s president and chief operating officer, Daniel Pinto, during the Barclays Global Financial Services Conference on Sept. 10, warned about a potential decrease in the metric in 2025 because of rate cuts.
<h2>What Else Did the Fed Signal?</h2>
In addition to this year&#39;s further reduction in interest rates, the Fed officials, through its dot plot, signaled four more cuts in 2025 and two in 2026.
This will bring the interest rates close to 2.9% by the end of 2026. It is lower than the 3.1% forecasted during the June FOMC meeting. 
Fed&#39;s Dot Plot
<img alt="Federal Reserve" src="https://staticx-tuner.zacks.com/images/articles/charts/52/78412.jpg?v=538394579" />
Image Source: Federal Reserve
Additionally, the central bank came out with the latest summary of Economic Projects. Per the latest SEP data, the U.S. economy is anticipated to grow at the rate of 2% till 2026.
Moreover, the Fed officials noted that &quot;job gains have slowed and the unemployment rate has moved up but remains low.&quot; They lifted their expected unemployment rate to 4.4% for 2024 from the 4% forecasted at the last update in June.
The central bank lowered the inflation target to 2.3% for 2024 from 2.6% predicted in June.
<h2>How Will Banks Be Impacted?</h2>
Apart from the above-mentioned decrease in funding costs, lower rates mean a rise in loan demand. The lending scenario has been muted as the central bank began tightening its monetary policy in March 2022. This had been hurting banks&#39; financials immensely.
As the rates come down, loan demand is gradually expected to improve. The borrowers who have been on the sidelines because of higher rates are now expected to jump in.
Thus, banks including BAC, C, JPM and CMA are expected to benefit from a solid rebound in loan demand.
Lower rates will also result in a gradual improvement in banks&#39; asset quality as borrowers repay loans.
Nonetheless, all of these are not expected to occur immediately, and investors should not expect a total turnaround in banks&#39; financial performance, at least this year.
<a href="https://www.zacks.com/stock/news/2338546/fed-cuts-interest-rates-by-50bps-what-this-means-for-bank-stocks?cid=CS-BENZ-FT-analyst_blog|industry_focus-2338546">To read this article on Zacks.com click here.</a>

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Fed Cuts Interest Rates by 50Bps: What This Means for Bank Stocks

Builders FirstSource, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) shares are trading higher on Thursday. The company appointed Peter Jackson as its next President and CEO and <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/b40935211/builders-firstsource-announces-planned-ceo-and-cfo-transition" rel="noreferrer noopener">Pete Beckmann As CFO, effective November 6, 2024.</a>
Jackson, who is the current CFO, will succeed current CEO Dave Rush, who is retiring after 25 years of service.
Rush will remain on the Board of Directors and serve as a special advisor to ensure a smooth transition.
On the other hand, Pete Beckmann, currently Senior Vice President of Financial Planning &amp; Analysis at Builders FirstSource, will succeed Peter Jackson as CFO.
Beckmann, who has been with Builders FirstSource and its predecessor companies since 1999, has held various finance roles, including leading reporting, forecasting, strategic planning, and capital investment analysis.
Paul Levy, Chair of the Board of Directors, said, &#8220;Peter&#8217;s appointment as the Company&#8217;s next CEO underscores the Board&#8217;s steadfast commitment to excellence in our leadership team, and is the result of a thoughtful succession planning process.&#8221;
&#8220;Peter is a dynamic and innovative leader who has had wide-ranging impact on Builders FirstSource. He brings a strategic, operational, and finance-oriented mindset to his new role, as well as a deep understanding of our history, mission and strategy.&#8221;
Last month, the company&nbsp;reported second-quarter adjusted earnings per share of $3.50,&nbsp;beating the street view of $3.02, and sales of $4.456 billion <a target="_blank" href="https://www.benzinga.com/news/earnings/24/08/40197700/builders-firstsource-q2-eps-beat-lower-sales-and-1b-stock-buyback-more" rel="noreferrer noopener">missed&nbsp;the street view of $4.483 billion</a>.
As of June-end, liquidity was approximately $1.7 billion, consisting of $1.6 billion in net borrowing availability under the revolving credit facility and $0.1 billion cash on hand.
Investors can gain exposure to the stock via&nbsp;Themes US Small Cap Cash Flow Champions ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCF#NASDAQ">SMCF</a>) and Argent Mid Cap ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMID#NASDAQ">AMID</a>).
Price Action: BLDR shares are up 3.09% at $200.53 at the last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40882613/builders-first-source-other-homebuilder-stocks-rise-with-catalysts-such-as-mortgage" target="_blank" rel="noreferrer noopener">Builders First Source, Other Homebuilder Stocks Rise With Catalysts Such As Mortgage Rates, The Fed, Kamala Harris Plan</a></li>
</ul>

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AMID

BLDR

SMCF

Builders FirstSource Taps CFO Peter Jackson For Top Role As CEO Dave Rush Plans Retirement

Morgan Stanley analyst Carlos De Alba maintains Vale (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VALE#NYSE">VALE</a>) with a Overweight and lowers the price target from $16 to $15.5.

Price Target

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VALE

Morgan Stanley Maintains Overweight on Vale, Lowers Price Target to $15.5

The well-known cannabis-based pharmaceutical drug Epidiolex, primarily used to treat childhood epilepsy, may offer relief to veterans suffering from Gulf War Illness (GWI), according to new research.
A new study on rats shows the potential of <a href="https://www.benzinga.com/topic/epidiolex">Epidiolex</a>, the FDA-approved cannabidiol (CBD) drug produced by Jazz Pharmaceuticals PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAZZ#NASDAQ">JAZZ</a>)&#8217;s GW Pharmaceuticals, in addressing cognitive, mood and pain-related symptoms of GWI, a condition linked to chemical exposures during the 1990-1991 Gulf War.
The research, conducted by Chinese scientists, was first <a href="https://hemptoday.net/early-study-shows-epidiolex-may-have-potential-as-treatment-for-illness-in-veterans/">reported</a> by&nbsp;Hemp Today.
<h3 class="wp-block-heading">Cognitive And Pain Improvements Observed</h3>
The research, <a href="https://mmrjournal.biomedcentral.com/articles/10.1186/s40779-024-00563-2#Sec23">published</a> in Military Medical Research, reveals that long-term oral administration of CBD could alleviate cognitive impairments, mood disorders and chronic pain.
Rats treated with Epidiolex showed significant improvements in object recognition and memory retention, which are common areas of dysfunction in veterans with GWI. Additionally, CBD treatment helped ease anhedonia— the inability to experience pleasure— and reduced pain sensitivity.
<ul>
<li>Get Benzinga&#8217;s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter&nbsp;<a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you&#8217;re serious about the business, you can&#8217;t afford to miss out.</li>
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GWI, which affects 25% to 32% of the 700,000 veterans who served in Operation Desert Storm, stems from exposure to environmental hazards like pesticides, burning oil wells and chemical agents.
Veterans experience chronic fatigue, muscle and joint pain, gastrointestinal issues, respiratory problems, cognitive dysfunction and headaches. The study highlights CBD's ability to target brain pathways linked to neuroinflammation and oxidative stress, both of which worsen GWI symptoms. In this manner, these findings add to the general notion of cannabis helping Veterans to overcome the consequences of war-related activity.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/22/08/28637449/thc-is-beneficial-for-ptsd-treatment-new-study-reveals">THC Is Beneficial For PTSD Treatment, New Study Reveals</a>
<h3 class="wp-block-heading">Veterans, Cannabis And War-Related Ailments</h3>
Unlike previous treatments such as curcumin or melatonin, Epidiolex proved effective at lower doses, reducing the risk of side effects. The 20 mg/kg dose used in rats equates to about 3.2 mg/kg for humans, offering a more efficient solution compared to other treatments. 
The research also notes that Epidiolex didn't impact motor function, confirming &#8220;an excellent safety profile even when taken long-term in low doses, with no observed harmful effects.&#8221;
Despite these promising results, the study emphasizes the need for further research, especially regarding potential drug interactions. 
While CBD offers hope for veterans with GWI, comprehensive clinical studies are essential before it can become a widespread treatment. 
This study, adds to the growing body of research on CBD showing medical uses for cannabis and war-related illnesses, such as <a href="https://www.benzinga.com/markets/cannabis/24/06/39381895/17-us-veterans-take-their-own-lives-everyday-heres-how-one-cannabis-company-is-trying-to-help">PTSD</a> and <a href="https://www.benzinga.com/24/07/39774432/new-study-shows-high-use-of-medical-cannabis-for-chronic-pain-and-arthritis-in-older-patients">chronic pain</a>.
<ul>
<li>Read Next: <a href="https://www.benzinga.com/markets/cannabis/24/06/39381895/17-us-veterans-take-their-own-lives-everyday-heres-how-one-cannabis-company-is-trying-to-help">17 US Veterans Take Their Own Lives Everyday, Here&#8217;s How One Cannabis Company Is Trying To Help</a></li>
</ul>
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JAZZ

FDA-Approved Cannabis-Based Drug Shows Promising Results As A Treatment For War Veterans: Study Finds Improvement In Cognitive, Mood, Pain-Related Symptoms

Morgan Stanley analyst Carlos De Alba maintains Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) with a Overweight and lowers the price target from $60 to $58.

Morgan Stanley Maintains Overweight on Freeport-McMoRan, Lowers Price Target to $58

RBC Capital analyst Drew McReynolds maintains Rogers Communications (TSX:<a class="ticker" href="https://www.benzinga.com/stock/RCI#TSX">RCI</a>) with a Outperform and raises the price target from C$65 to C$66.

TSX:RCI

TSX:RCI.B

RBC Capital Maintains Outperform on Rogers Communications, Raises Price Target to C$66

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Shares of housing-related stocks are trading higher after the Fed policy decision to cut rates by 50 basis points, which could help curb housing unaffordability and increase demand.

Streaming giant Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) reported its first-half 2024 engagement report, which shows how a diverse mix of international titles and coverage of different genres could help the company dominate <a href="https://www.benzinga.com/topic/streaming">the streaming sector.</a>
What Happened: Netflix ended the second quarter with <a href="https://www.benzinga.com/news/earnings/24/07/39849026/netflix-q2-earnings-highlights-revenue-beat-eps-beat-advertising-revenue-more-meaningful-squid-game">277.65 million paid members</a>. Future growth is expected to come from international expansion, ad-supported subscribers and live content.
The first half of the 2024 engagement report highlighted how some of those areas could be shaping up for the streaming giant.
These were the 10 most watched shows for <a href="https://about.netflix.com/en/news/what-we-watched-the-first-half-of-2024">Netflix </a>from January 2024 through June 2024 by views:
<ol>
<li>&#8220;Fool Me Once&#8221;: Limited Series: 107.5 million views</li>
<li>&#8220;Bridgerton&#8221;: Season 3: 91.9 million views</li>
<li>&#8220;Baby Reindeer&#8221;: Limited Series: 87.6 million views</li>
<li>&#8220;The Gentlemen&#8221;: Season 1: 75.9 million views</li>
<li>&#8220;Avatar: The Last Airbender&#8221;: Season 1: 71.1 million views</li>
<li>&#8220;Griselda&#8221;: Limited Series: 69.2 million views</li>
<li>&#8220;American Nightmare&#8220;: Season 1: 55.0 million views</li>
<li>&#8220;3 Body Problem&#8221;: Season 1: 52.4 million views</li>
<li>&#8220;Berlin&#8221;: Season 1: 48.5 million views</li>
<li>&#8220;One Day&#8221;: Limited Series: 39.4 million views</li>
</ol>
As <a href="https://www.benzinga.com/general/entertainment/24/09/40901664/netflix-ceo-says-theres-no-such-thing-as-too-much-content-embraces-steve-jobs-cannibalizati">mentioned by Netflix co-CEO </a>Ted Sarandos recently, four of the 10 biggest shows for the first half were produced in the U.K. (&#8220;Fool Me Once,&#8221; &#8220;Baby Reindeer,&#8221; &#8220;The Gentlemen&#8221; and &#8220;One Day&#8221;).
The report said that non-English series and movies made up around a third of all the viewings for the first half of the year.
The report highlights Spain, Korea, France, Italy, Japan and India having series that saw strong viewership and some breakout hits.
"Bridgerton" was among the biggest hits for Netflix with <a href="https://www.benzinga.com/general/entertainment/24/05/38971220/bridgerton-season-3-viewership-strong-how-splitting-up-hit-franchise-in-two-parts-could-hel">the third season </a>ranking second for the first half of 2024. In total, the series saw 189 million views in the first half of 2024 with the first two seasons ranking 11th and 12th and narrowly missing the top 10.
These were the 10 most watched movies for Netflix from January 2024 through June 2024 by views:
<ol>
<li>&#8220;Damsel&#8221;: 143.8 million views</li>
<li>&#8220;Lift&#8221;: 129.4 million views</li>
<li>&#8220;Society of the Snow&#8221;: 103.8 million views</li>
<li>&#8220;Under Paris&#8221;: 84.7 million views</li>
<li>&#8220;The Super Mario Bros. Movie&#8221;: 80.3 million views</li>
<li>&#8220;Mother of the Bride&#8221;: 77.7 million views</li>
<li>&#8220;Atlas&#8221;: 77.1 million views</li>
<li>&#8220;Minions&#8221;: 72.7 million views</li>
<li>&#8220;Irish Wish&#8221;: 72.1 million views</li>
<li>&#8220;The Boss Baby&#8221;: 63.6 million views</li>
</ol>
While many of the top movies were Netflix originals, Comcast Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) also scored several of the top hits with "The Super Mario Bros. Movie" and "Minions" in the top 10. "Shrek" and "Despicable Me 3" from Comcast ranked just outside the top 10.
Read Also: <a href="https://www.benzinga.com/general/entertainment/24/09/40887242/could-gordon-ramsay-billie-eilish-kevin-hart-and-shaq-sweating-over-hot-wings-ignite-netfli">Could Gordon Ramsay, Billie Eilish, Kevin Hart, And Shaq Sweating Over Hot Wings Ignite Netflix&#8217;s Live TV Dreams?</a>
Why It's Important: Netflix highlighted its coverage of different genres in its report, which comes after Sarandos recently said there's no such thing as too much content and the company will continue to add content to please all audiences.
Action, romance and comedy films and series continued to be well-viewed for the streamer. Netflix also highlighted its <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38651122/tom-brady-roasted-for-cryptocurrency-investment-in-netflix-special-tom-how-did-you-fall-fo">live comedy specials</a> with "The Roast of Tom Brady" having 22 million viewers.
Reality television and documentaries were also highlighted and have been areas where Netflix had added more content to in recent years.
Netflix has a huge lineup in the second half of 2024, anchored by<a href="https://www.benzinga.com/general/entertainment/24/08/40112559/squid-game-season-2-ignites-august-buzz-with-netflixs-christmas-lineup-including-nfl-games"> the highly anticipated</a> second season of "Squid Game" coming on Dec. 26. The first season of "Squid Game" had 46.9 million hours watched in the first half of 2024 with 27.3 million hours of "Squid Game: The Challenge" also watched.
The second half also includes the Jake Paul vs. Mike Tyson live boxing event and two National Football League games on Christmas Day.
The next engagement report could provide additional details on viewership for live events and what the future could look like for Netflix.
NFLX Price Action: Netflix shares are up 2.10% to $705 on Thursday and hit a new 52-week high of $714.40 earlier in the trading session. Netflix stock is up 52% year-to-date in 2024.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39691335/netflix-positively-positioned-for-operating-momentum-analyst-sees-normalization-of-">Netflix &#8216;Positively Positioned For Operating Momentum&#8217;: Analyst Sees &#8216;Normalization Of Streaming Wars&#8217;</a></li>
</ul>
Photo: Shutterstock

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Netflix Hits New 52-Week Highs, Engagement Report Shows 'Bridgerton,' International Titles Dominate Viewership

Morgan Stanley analyst Carlos De Alba maintains Southern Copper (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCCO#NYSE">SCCO</a>) with a Underweight and raises the price target from $97 to $100.

SCCO

Morgan Stanley Maintains Underweight on Southern Copper, Raises Price Target to $100

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Shares of companies in the broader industrial space are trading higher following the Fed's announcement to cut rates by 50 basis points yesterday, which could support investment and economic growth.

Evercore ISI Group analyst Vijay Jayant maintains T-Mobile US (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) with a Outperform and raises the price target from $210 to $220.

TMUS

Evercore ISI Group Maintains Outperform on T-Mobile US, Raises Price Target to $220

TD Securities analyst Vince Valentini maintains Rogers Communications (TSX:<a class="ticker" href="https://www.benzinga.com/stock/RCI#TSX">RCI</a>) with a Buy and raises the price target from C$73 to C$74.

TD Securities Maintains Buy on Rogers Communications, Raises Price Target to C$74

Deutsche Bank analyst Emmanuel Papadakis maintains BioNTech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) with a Buy and raises the price target from $95 to $150.

BNTX

Deutsche Bank Maintains Buy on BioNTech, Raises Price Target to $150

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>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$240.00</td>
<td>$36.3K</td>
<td>8.4K</td>
<td>63.5K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$6.00</td>
<td>$99.5K</td>
<td>2.3K</td>
<td>17.4K</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$30.00</td>
<td>$36.4K</td>
<td>35.1K</td>
<td>7.4K</td>
</tr>
<tr>
<td>DASH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$145.00</td>
<td>$67.5K</td>
<td>1.0K</td>
<td>205</td>
</tr>
<tr>
<td>CAVA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$125.00</td>
<td>$35.3K</td>
<td>1.5K</td>
<td>152</td>
</tr>
<tr>
<td>DHI</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$190.00</td>
<td>$39.0K</td>
<td>260</td>
<td>146</td>
</tr>
<tr>
<td>CHWY</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$20.00</td>
<td>$120.0K</td>
<td>4.2K</td>
<td>104</td>
</tr>
<tr>
<td>DRI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$150.00</td>
<td>$242.2K</td>
<td>96</td>
<td>101</td>
</tr>
<tr>
<td>HD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$365.00</td>
<td>$32.7K</td>
<td>612</td>
<td>72</td>
</tr>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$180.00</td>
<td>$27.5K</td>
<td>67</td>
<td>21</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 166 contract(s) at a $240.00 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 $36.3K, with a price of $219.0 per contract. There were 8451 open contracts at this strike prior to today, and today 63555 contract(s) were bought and sold. 
• For NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we notice a call option sweep that happens to be bullish, expiring in 210 day(s) on April 17, 2025. This event was a transfer of 1005 contract(s) at a $6.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $99.5K, with a price of $99.0 per contract. There were 2329 open contracts at this strike prior to today, and today 17419 contract(s) were bought and sold. 
• For JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we notice a call option sweep that happens to be neutral, expiring in 92 day(s) on December 20, 2024. This event was a transfer of 200 contract(s) at a $30.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $36.4K, with a price of $182.0 per contract. There were 35114 open contracts at this strike prior to today, and today 7420 contract(s) were bought and sold. 
• Regarding DASH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>), we observe a call option sweep with bearish sentiment. It expires in 120 day(s) on January 17, 2025. Parties traded 75 contract(s) at a $145.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $67.5K, with a price of $900.0 per contract. There were 1006 open contracts at this strike prior to today, and today 205 contract(s) were bought and sold. 
• Regarding CAVA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>), we observe a call option sweep with bullish sentiment. It expires in 29 day(s) on October 18, 2024. Parties traded 52 contract(s) at a $125.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $35.3K, with a price of $680.0 per contract. There were 1565 open contracts at this strike prior to today, and today 152 contract(s) were bought and sold. 
• For DHI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>), we notice a put option trade that happens to be neutral, expiring in 29 day(s) on October 18, 2024. This event was a transfer of 100 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $39.0K, with a price of $390.0 per contract. There were 260 open contracts at this strike prior to today, and today 146 contract(s) were bought and sold. 
• Regarding CHWY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>), we observe a call option trade with neutral sentiment. It expires in 120 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $120.0K, with a price of $1200.0 per contract. There were 4219 open contracts at this strike prior to today, and today 104 contract(s) were bought and sold. 
• For DRI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>), we notice a call option sweep that happens to be bullish, expiring in 29 day(s) on October 18, 2024. This event was a transfer of 100 contract(s) at a $150.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $242.2K, with a price of $2430.0 per contract. There were 96 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold. 
• For HD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>), we notice a call option trade that happens to be bearish, expiring in 57 day(s) on November 15, 2024. This event was a transfer of 10 contract(s) at a $365.00 strike. The total cost received by the writing party (or parties) was $32.7K, with a price of $3275.0 per contract. There were 612 open contracts at this strike prior to today, and today 72 contract(s) were bought and sold. 
• For CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we notice a put option trade that happens to be bearish, expiring in 57 day(s) on November 15, 2024. This event was a transfer of 11 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $2505.0 per contract. There were 67 open contracts at this strike prior to today, and today 21 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.

Options

CAVA

CHWY

CVNA

DASH

TSLA

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. 
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>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$80.00</td>
<td>$34.7K</td>
<td>20.6K</td>
<td>6.1K</td>
</tr>
<tr>
<td>ABR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$16.00</td>
<td>$80.0K</td>
<td>3.9K</td>
<td>4.1K</td>
</tr>
<tr>
<td>SCHW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$62.50</td>
<td>$27.7K</td>
<td>8.4K</td>
<td>3.1K</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$64.00</td>
<td>$69.5K</td>
<td>109</td>
<td>1.4K</td>
</tr>
<tr>
<td>SQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$70.00</td>
<td>$31.4K</td>
<td>2.7K</td>
<td>1.1K</td>
</tr>
<tr>
<td>VLY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$110.0K</td>
<td>785</td>
<td>1.0K</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$190.00</td>
<td>$61.9K</td>
<td>745</td>
<td>867</td>
</tr>
<tr>
<td>FUTU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$90.00</td>
<td>$72.9K</td>
<td>32</td>
<td>503</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$220.00</td>
<td>$57.6K</td>
<td>535</td>
<td>245</td>
</tr>
<tr>
<td>FI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$145.00</td>
<td>$72.4K</td>
<td>1.3K</td>
<td>228</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 sweep with bearish sentiment. It expires in 120 day(s) on January 17, 2025. Parties traded 61 contract(s) at a $80.00 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 $34.7K, with a price of $570.0 per contract. There were 20661 open contracts at this strike prior to today, and today 6183 contract(s) were bought and sold. 
• Regarding ABR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABR#NYSE">ABR</a>), we observe a call option trade with bullish sentiment. It expires in 29 day(s) on October 18, 2024. Parties traded 4000 contract(s) at a $16.00 strike. The total cost received by the writing party (or parties) was $80.0K, with a price of $20.0 per contract. There were 3995 open contracts at this strike prior to today, and today 4128 contract(s) were bought and sold. 
• For SCHW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>), we notice a put option sweep that happens to be bearish, expiring in 29 day(s) on October 18, 2024. This event was a transfer of 165 contract(s) at a $62.50 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $168.0 per contract. There were 8421 open contracts at this strike prior to today, and today 3131 contract(s) were bought and sold. 
• Regarding C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we observe a call option sweep with bullish sentiment. It expires in 22 day(s) on October 11, 2024. Parties traded 781 contract(s) at a $64.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $69.5K, with a price of $89.0 per contract. There were 109 open contracts at this strike prior to today, and today 1409 contract(s) were bought and sold. 
• Regarding SQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>), we observe a call option sweep with bullish sentiment. It expires in 29 day(s) on October 18, 2024. Parties traded 109 contract(s) at a $70.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $31.4K, with a price of $288.0 per contract. There were 2785 open contracts at this strike prior to today, and today 1179 contract(s) were bought and sold. 
• For VLY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLY#NASDAQ">VLY</a>), we notice a put option trade that happens to be bearish, expiring in 120 day(s) on January 17, 2025. This event was a transfer of 1000 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $110.0K, with a price of $110.0 per contract. There were 785 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a call option trade that happens to be bearish, expiring in 29 day(s) on October 18, 2024. This event was a transfer of 96 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $61.9K, with a price of $645.0 per contract. There were 745 open contracts at this strike prior to today, and today 867 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 bearish sentiment. It expires in 155 day(s) on February 21, 2025. Parties traded 300 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $72.9K, with a price of $243.0 per contract. There were 32 open contracts at this strike prior to today, and today 503 contract(s) were bought and sold. 
• Regarding JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we observe a put option sweep with neutral sentiment. It expires in 92 day(s) on December 20, 2024. Parties traded 40 contract(s) at a $220.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $57.6K, with a price of $1450.0 per contract. There were 535 open contracts at this strike prior to today, and today 245 contract(s) were bought and sold. 
• For FI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>), we notice a call option sweep that happens to be bearish, expiring in 120 day(s) on January 17, 2025. This event was a transfer of 20 contract(s) at a $145.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $72.4K, with a price of $3620.0 per contract. There were 1372 open contracts at this strike prior to today, and today 228 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.

COIN

FUTU

PYPL

SCHW

10 Financials Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders 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 Information Technology 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>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$120.00</td>
<td>$26.1K</td>
<td>161.7K</td>
<td>187.7K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$21.00</td>
<td>$30.8K</td>
<td>104.0K</td>
<td>89.1K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$227.50</td>
<td>$60.0K</td>
<td>25.7K</td>
<td>59.0K</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$157.50</td>
<td>$27.2K</td>
<td>2.0K</td>
<td>20.4K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$150.00</td>
<td>$63.2K</td>
<td>39.4K</td>
<td>18.9K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$170.00</td>
<td>$31.6K</td>
<td>13.7K</td>
<td>12.6K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$455.00</td>
<td>$32.7K</td>
<td>5.5K</td>
<td>10.5K</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$262.50</td>
<td>$50.0K</td>
<td>5.1K</td>
<td>5.9K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$440.00</td>
<td>$45.6K</td>
<td>1.7K</td>
<td>4.8K</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$250.00</td>
<td>$169.4K</td>
<td>48.5K</td>
<td>2.4K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 238 contract(s) at a $120.00 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 $26.1K, with a price of $110.0 per contract. There were 161784 open contracts at this strike prior to today, and today 187734 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 call option sweep with bearish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 641 contract(s) at a $21.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $48.0 per contract. There were 104002 open contracts at this strike prior to today, and today 89110 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 216 contract(s) at a $227.50 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 $60.0K, with a price of $278.0 per contract. There were 25714 open contracts at this strike prior to today, and today 59016 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 put option trade with bearish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $157.50 strike. The total cost received by the writing party (or parties) was $27.2K, with a price of $136.0 per contract. There were 2000 open contracts at this strike prior to today, and today 20478 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option sweep that happens to be neutral, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 372 contract(s) at a $150.00 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 $63.2K, with a price of $170.0 per contract. There were 39439 open contracts at this strike prior to today, and today 18984 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 211 contract(s) at a $170.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $31.6K, with a price of $150.0 per contract. There were 13715 open contracts at this strike prior to today, and today 12663 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option sweep that happens to be bullish, expiring in 29 day(s) on October 18, 2024. This event was a transfer of 84 contract(s) at a $455.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $32.7K, with a price of $390.0 per contract. There were 5584 open contracts at this strike prior to today, and today 10547 contract(s) were bought and sold. 
• For CRM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 78 contract(s) at a $262.50 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $50.0K, with a price of $618.0 per contract. There were 5172 open contracts at this strike prior to today, and today 5903 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 sweep with bullish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 60 contract(s) at a $440.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.6K, with a price of $760.0 per contract. There were 1759 open contracts at this strike prior to today, and today 4870 contract(s) were bought and sold. 
• Regarding IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), we observe a call option sweep with bullish sentiment. It expires in 120 day(s) on January 17, 2025. Parties traded 892 contract(s) at a $250.00 strike. This particular call needed to be split into 70 different trades to become filled. The total cost received by the writing party (or parties) was $169.4K, with a price of $190.0 per contract. There were 48567 open contracts at this strike prior to today, and today 2417 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

AVGO

INTC

MSFT

MSTR

NVDA

SMCI

10 Information Technology Stocks Whale Activity In Today's Session

<a href="https://techcrunch.com/2024/09/19/apples-new-macos-sequoia-update-breaks-cybersecurity-tools-experts-say/">https://techcrunch.com/2024/09/19/apples-new-macos-sequoia-update-breaks-cybersecurity-tools-experts-say/</a>
&nbsp;
On Monday, Apple released its <a href="https://techcrunch.com/2024/09/09/apple-to-release-ai-focused-macos-sequoia-on-september-16/">latest computer operating system update called macOS 15</a>, or Sequoia. And, somehow, the software update has broken the functionality of several security tools made by CrowdStrike, SentinelOne, Microsoft, and others, according to posts on social media, as well as messages posted in a Mac-focused Slack channel.&nbsp;
At this point, it's unclear exactly what is the issue, but appears to affect several products made by companies that provide software for macOS users and enterprises, which has caused frustration among people who work on and with macOS-focused security tools.
"As a developer of macOS security tools, it's incredibly frustrating to time and time again have to deal with (understandably) upset users (understandably) blaming your tools for breaking their Macs, when in reality it was Apple's fault all along," said Patrick Wardle, the founder of Mac and iOS security startup <a href="https://techcrunch.com/2024/04/25/ex-nsa-ex-apple-researcher-doubleyou/">DoubleYou</a>, and a longtime expert on macOS security.&nbsp;
"I get it, that writing bug free software is challenging, but maybe if Apple spent less time and money on marketing, and more time on actually testing their software, we'd all be better off!" Wardle told TechCrunch.
On the day of macOS Sequoia's release, a CrowdStrike sales engineer said in a Slack room for Mac admins that the company had to delay support for the new version of Mac's operating system. "I'm very sorry to report that we will not be supporting Sequoia on day 1 in spite of our intention (and previous track record) to support the latest OS within hours of [General Availability]," the engineer said in the message, seen by TechCrunch.&nbsp;
The engineer also said CrowdStrike sent out a "Tech Alert" to customers, adding that "there's quite a lot going on with the changes in the network stack."
"We're also tracking some similar issues with other vendors, and have feedback and a case in to Apple. While we would love for there to be a fast-follow patch that resolves this for us, we're acting under the assumption there won't be and we'll need to fix it in our code with a sensor release," the sales engineer wrote.&nbsp;

CRWD

'Apple's New MacOS Sequoia Update Breaks Cybersecurity Tools, Experts Say' - TechCrunch

One day after the Fed's decision to lower interest rates by 0.5%, with the plan to lower 1% more before the end of the year, what the charts might do over the coming weeks into the election has all changed.
The moves up in the markets we're seeing suggests that short positions have been forced to leave the market. From my reckoning, this suggests that we have a pullback ahead into a choppy range.
And I have the trade to profit from that right here…
Today, we will use $SMCI to set up a trade with a short iron condor.&nbsp; 
The premise is the following – we will sell a short call spread and a short put spread for a credit which pays us first but holds margin in our account while the position loses value. When we sell spreads, we are anticipating that we can buy them back cheaper for a profit.
Trade structure – the short iron condor
<ul>
<li>Sell to open 1 SMCI 15 Nov 500 calls</li>
<li>Buy to open 1 SMCI 15 Nov 520 calls</li>
<li>Sell to open 1 SMCI 15 Nov 360 puts</li>
<li>Buy to open 1 SMCI 15 Nov 340 puts</li>
</ul>
The credit we can collect here is $10.60.
Different to a long position, the short position has a risk event that is calculated in the following way:
<ol>
<li>The distance between the two call spreads: $500 &#8211; $520 = $20.</li>
<li>The distance between the two put spreads (also $20 here) but you can design them anyway you like. This defines the total risk.</li>
<li>We collect a credit that lowers this risk: $20 &#8211; $10.60 = $9.40, which defines the total risk we accept if the stock tests and holds either of the long strikes in question.</li>
<li>The breakeven prices are as follows: $510.60 on the call side ($500 + $10.60) and $349.40 on the put side ($360 &#8211; $10.60).</li>
<li>The goal will be to collect 50% of the collected about or we sell the position with about 18 days before expiration if the stock begins to move around near the edges.</li>
</ol>
The strategy result provides three choices to exit the trade.
<ol>
<li>To sell the position once the 50% profit is achieved (or whatever profit you deem acceptable).</li>
<li>To buy back the short iron condor spread once it hits your loss threshold as determined by personal risk. This will happen with extreme movement.</li>
<li>To buy back the short iron condor with 18-21 days before expiration. If all is going well and you have decided to hold the trade into closer to the end of expiration, consider at least taking some of the position off as risks tend to rise the closer we are to expiration. I have had many a trade go sideways taking it down to the wire and not capturing gains, so I do not advise doing this.</li>
</ol>
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Opinion

The Perfect Trade After The Fed Cut Interest Rates

B of A Securities analyst Rafe Jasrosich maintains Builders FirstSource (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) with a Neutral and raises the price target from $165 to $198.

B of A Securities Maintains Neutral on Builders FirstSource, Raises Price Target to $198

TD Securities analyst Vince Valentini maintains BCE (TSX:<a class="ticker" href="https://www.benzinga.com/stock/BCE#TSX">BCE</a>) with a Hold and raises the price target from C$50 to C$51.

TSX:BCE

TD Securities Maintains Hold on BCE, Raises Price Target to C$51

Monarch Ambassador Income ETF declares quarterly distribution of $0.0821

Monarch Ambassador Income ETF declares quarterly distribution of $0.1721

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