Cassava Sciences Stock (NASDAQ:SAVA), Trade Ideas

Cassava Sciences

Cassava Sciences Inc is a clinical-stage biotechnology company engaged in developing a scientific approach for the treatment and detection of Alzheimer's disease. Its therapeutic product candidate is called simufilam, and it is a novel treatment for Alzheimer's disease; and investigational diagnostic product candidate is called SavaDx, and it is a novel way to detect the presence of Alzheimer's disease from a small sample of blood, possibly years before the overt appearance of clinical symptoms. It is currently conducting two randomized placebo-controlled Phase 3 clinical trials of oral simufilam in patients with Alzheimer's disease dementia.

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Shares of  JPMorgan Chase &amp; Co. (NYSE: JPM) fell sharply during Friday’s session following first-quarter earnings.

Why JPMorgan Shares Are Trading Lower By Around 5%? Here Are Other Stocks Moving In Friday&#39;s Mid-Day Session

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The credibility of the clinical trial results for an experimental Alzheimer&#39;s drug has been called into question following a critical inspection report by the Food and Drug Administration.

Alzheimer&#39;s Drug Trial Results Questioned After &#39;Damning&#39; FDA Inspection Report

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On Monday, the U.S. stock market presented a mixed performance. The Dow Jones index managed to turn higher, trading up by 0.12% to 38,769.66.

Boeing, Oracle, Meta Platforms, Cassava Sciences, Tesla: Why These 5 Stocks Are On Investors&#39; Radars Today

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<p>Evercore ISI Group  analyst Greg Melich   maintains BJ's Wholesale Club (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BJ#NYSE">BJ</a>) with a In-Line and lowers the price target from $79 to $78.</p>


Price Target

Analyst Ratings

Evercore ISI Group Maintains In-Line on BJ's Wholesale Club, Lowers Price Target to $78

<p>Citigroup  analyst Daniel Grosslight   maintains 23andMe Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ME#NASDAQ">ME</a>) with a Neutral and lowers the price target from $0.85 to $0.47.</p>


Citigroup Maintains Neutral on 23andMe Holding, Lowers Price Target to $0.47

<p>Evercore ISI Group  analyst Greg Melich   maintains AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) with a Outperform and lowers the price target from $3400 to $3346.</p>


Evercore ISI Group Maintains Outperform on AutoZone, Lowers Price Target to $3346

<p>Evercore ISI Group  analyst Greg Melich   maintains Academy Sports (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASO#NASDAQ">ASO</a>) with a Outperform and lowers the price target from $75 to $70.</p>


Evercore ISI Group Maintains Outperform on Academy Sports, Lowers Price Target to $70

<p><strong>BARK, Inc.&nbsp;</strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BARK#NYSE">BARK</a>) said it has expanded its relationship with&nbsp;<strong>Shopify Inc.</strong>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>), the global commerce company.&nbsp;</p>
<p>By using Shopify&#8217;s tools and data insights, BARK aims to further enhance its customer experience, support scalable growth across its web and mobile platforms, and achieve operational efficiencies.</p>
<p>BARK expects to migrate all of its business units–including barkbox.com and superchewer.com, to its Shopify platform, BARK.co in FY25.</p>
<p>With offerings on one platform, BARK expects to improve its key performance metrics, including traffic, conversion, average order value, and retention.</p>
<p>&#8220;Today&#8217;s announcement marks an important milestone in unifying our commerce platform and ensuring we have the right infrastructure to reach more dog parents and support long-term, scalable growth,&#8221; said CFO Zahir Ibrahim.</p>
<p>&#8220;With Shopify, we&#8217;re poised to gain valuable insights into customer behavior, improve our ability to cross-sell, drive operational efficiency, and most importantly, bring more joy to dogs and their people everywhere.&#8221;</p>
<p><strong>Price Action</strong>: BARK shares are trading lower by 3.2% at $1.09 on the last check Tuesday.</p>
<p><em>Photo via Shutterstock</em></p>


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Dog Products Maker BARK To Migrate Its DTC Businesses To Shopify

<p>Evercore ISI Group  analyst Michael Montani   maintains Albertsons Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACI#NYSE">ACI</a>) with a In-Line and lowers the price target from $23 to $22.</p>


Evercore ISI Group Maintains In-Line on Albertsons Companies, Lowers Price Target to $22

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From Benzinga's Cannabis Capital Conference: Equity Research Consumer & Cannabis Managing Director, Aaron Grey Says I Am Focused On Public Markets, Says Public Markets Valuations Are Moving Faster, There Is A Valuation Disconnect Between the Two Markets

<p>Evercore ISI Group  analyst Greg Melich   maintains Advance Auto Parts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAP#NYSE">AAP</a>) with a In-Line and lowers the price target from $82 to $78.</p>


Evercore ISI Group Maintains In-Line on Advance Auto Parts, Lowers Price Target to $78

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Economics

U.S. Treasury Secretary Yellen Says Will Talk To China About Illicit Finance, That Could Encompass Narcotics

<p>HC Wainwright &amp; Co.  analyst Patrick Trucchio   reiterates Longboard Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBPH#NASDAQ">LBPH</a>) with a Buy and maintains $60 price target.</p>


Reiteration

LBPH

HC Wainwright & Co. Reiterates Buy on Longboard Pharmaceuticals, Maintains $60 Price Target

<p>BMO Capital  analyst James Thalacker   maintains NextEra Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>) with a Outperform and lowers the price target from $77 to $68.</p>


BMO Capital Maintains Outperform on NextEra Energy, Lowers Price Target to $68

From Benzinga's Cannabis Capital Conference: Tahira Rehmatullah, Partner At Highlands Ventures Says Private Sector Is More Interesting, Says Running A Public Company Feels Like Running Two Separate Companies, Says Many Companies Are Not Ready To Be Public

<p>The<strong><a href="https://www.benzinga.com/events/cannabis-conference/"> Benzinga Cannabis Capital Conference</a></strong> is here. This event is not just any event; it&#8217;s a gathering for anyone serious about cannabis and wanting to learn from the top voices in the industry. The conference, which takes place Tuesday and Wednesday at The Diplomat Beach Resort in Hollywood, Florida, promises to be a melting pot of <a href="https://www.benzinga.com/markets/cannabis/24/04/38270878/exclusive-green-check-brinks-owned-pai-forge-partnership-to-expand-atm-access-for-cannabis-busin">ideas and partnerships</a>.&nbsp;</p>
<h3 class="wp-block-heading"><strong>High-Profile Appearances, Influential Speakers</strong></h3>
<p>The conference prides itself on attracting top-tier talent and speakers who are giants in the cannabis and related industries. Cannabis titans like <strong>Mike Tyson</strong> and <strong>Ric Flair</strong> will grace the event, adding star power and unique perspectives on brand building and entrepreneurship in the cannabis space.&nbsp;</p>
<p>The speaker lineup includes renowned industry leaders like <strong>Alexa Alianiello </strong>from<strong> X,</strong> <strong>David Klein</strong> of <strong>Canopy Growth,</strong> <strong>Kim Rivers</strong> from <strong>Trulieve</strong>, and many more. Attendees have access to a breadth of expertise and experience.</p>
<p><figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/events/cannabis-conference/"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/13174813/2231044_CCCFloridaGIF_V2_031124-16.gif" alt="" class="wp-image-290616" style="width:378px;height:auto" /></a></figure></p>
<h3 class="wp-block-heading"><strong>Creative, Educational Panels</strong></h3>
<p>Over two days, the Benzinga conference will host a series of panels covering a wide range of topics crucial to anyone in the cannabis industry. From the intricacies of hemp-derived products to the latest in cannabis finance, these sessions are designed to provide cutting-edge advice.&nbsp;</p>
<p>Highlights include discussions on market trends, banking strategies for cannabis businesses, and an intriguing keynote on the future financial waves in cannabis. Whether you&#8217;re a seasoned investor or a budding entrepreneur, these panels offer invaluable learning opportunities.</p>
<h3 class="wp-block-heading"><strong>Scholarship, Inclusion Initiatives</strong></h3>
<p>Benzinga is committed to fostering diversity and inclusion within the cannabis industry. In partnership with organizations like <strong>WomenGrow</strong> and <strong>Minorities for Medical Marijuana</strong>, the conference features initiatives to support women- and minority-owned businesses.&nbsp;</p>
<p>This commitment to diversity enriches the conference&#8217;s dialogue. It shows a broader range of viewpoints and experiences, making it a must-watch event for those interested in the transformative power of inclusivity in business.</p>
<h3 class="wp-block-heading"><strong>Virtual Access To All Sessions</strong></h3>
<p>The virtual attendance option is a game-changer for those unable to travel to Florida. All panels and keynote sessions are available <a href="https://www.benzinga.com/events/cannabis-conference/livestream/">via a streaming link</a>, allowing virtual attendees to experience the conference live. This means you can gain all the knowledge and insights from the comfort of your home or office, ensuring you stay informed on the latest trends and strategies in the cannabis industry without the travel expense.</p>
<h3 class="wp-block-heading"><strong>Engagement Beyond The Conference</strong></h3>
<p>Engagement continues post-conference. Physical and virtual attendees will have access to recordings and additional resources post-event, ensuring that the learning and networking continue. Engaging with these materials can help reinforce new knowledge and ensure that every participant can effectively implement new strategies gleaned from the conference.</p>
<p>Utilize the official event networking app to connect virtually and schedule 1-on-1 meetings with top industry leaders. This digital approach ensures you won&#8217;t miss out on forming potentially lucrative connections that could propel your business forward.</p>
<h3 class="wp-block-heading"><strong>Networking And Learning</strong></h3>
<p>Finally, the Benzinga Cannabis Capital Conference is known not just for its educational content but also for a good time. The Benzinga + Clab afterparty and other networking sessions provide a less formal setting to mingle with peers and industry influencers. These elements make the conference a learning experience and a celebratory gathering of the community looking to grow and evolve with the cannabis industry.</p>
<p>Whether attending in person or virtually, the Benzinga Cannabis Capital Conference offers a comprehensive platform for education, networking, and growth in the cannabis industry. Don&#8217;t miss out on the opportunity to participate in this industry-leading event.</p>
<p><em>The&nbsp;</em><a target="_blank" href="https://www.benzinga.com/events/cannabis-conference/" rel="noreferrer noopener"><strong><em>Benzinga Cannabis Capital Conference</em></strong></a><em>&nbsp;is returning to Florida on April 16 and 17, 2024, in a new venue in Hollywood. The two-day event at&nbsp;</em><a target="_blank" href="https://www.benzinga.com/events/cannabis-conference/" rel="noreferrer noopener"><strong><em>The Diplomat Beach Resort</em></strong></a><em>&nbsp;will be a chance for entrepreneurs, both large and small, to network, learn, and grow.</em>&nbsp;</p>
<p><em>Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars — this conference is the go-to event of the year for the cannabis world. </em><a href="https://www.benzinga.com/events/cannabis-conference/" target="_blank" rel="noreferrer noopener"><strong><em>Get your tickets now on </em></strong></a><a href="http://bzcannabis.com/" target="_blank" rel="noreferrer noopener"><strong><em>bzcannabis.com</em></strong></a><a href="https://www.benzinga.com/events/cannabis-conference/" target="_blank" rel="noreferrer noopener"><strong><em> – Prices will increase very soon!</em></strong></a></p>
<p>Now Read: <a href="https://www.benzinga.com/markets/cannabis/24/04/38270878/exclusive-green-check-brinks-owned-pai-forge-partnership-to-expand-atm-access-for-cannabis-busin">EXCLUSIVE: Green Check, Brinks-Owned PAI Forge Partnership To Expand ATM Access For Cannabis Businesses</a></p>
<p><em>Photo: Courtesy of&nbsp;HTWE&nbsp;via Shutterstock</em>. </p>


Events

7 Reasons To Tune Into The Benzinga Cannabis Capital Conference, In Person Or Virtually

<p>HC Wainwright &amp; Co.  analyst Scott Buck   reiterates Mitek Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MITK#NASDAQ">MITK</a>) with a Buy and maintains $19 price target.</p>


MITK

HC Wainwright & Co. Reiterates Buy on Mitek Systems, Maintains $19 Price Target

<p>BMO Capital  analyst James Thalacker   maintains Duke Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>) with a Outperform and lowers the price target from $101 to $99.</p>


BMO Capital Maintains Outperform on Duke Energy, Lowers Price Target to $99

<p><a href="https://twitter.com/MrZackMorris/status/1780232501396378009">https://twitter.com/MrZackMorris/status/1780232501396378009</a></p>
<p>&nbsp;</p>
<p>&nbsp;</p>


SXTC

Watching China SXT Pharmaceuticals; Shares Trading Higher As Traders Circulate Meme Stock Trader Zack Morris X Post Mentioning The Stock

<p>The U.S. economy is projected to outshine its advanced counterparts in the coming years with a notable upward revision in its growth forecasts, according to the April <a href="https://www.benzinga.com/topic/macro-economic-events">2024 World Economic Outlook.</a> </p>
<p>The forecast predicts a 2.7% growth for the U.S. in 2024 — an improvement by 0.6 percentage points from January&#8217;s projections.</p>
<p>For 2025, growth is expected at 1.9%, marking a 0.2 percentage point increase from earlier estimates. This expansion is partially driven by decreasing inflation rates and consequent reductions in interest rates by the Federal Reserve.</p>
<p><strong>Labor Markets and Inflation</strong>: The Washington-based institution highlights the resilience of the U.S. labor market and favorable macroeconomic conditions as key drivers of this economic uptick. </p>
<p>These conditions, bolstered by past fiscal stimuli and strong private consumption, continue to exert upward pressure on underlying inflation despite overall improvements.</p>
<p>Globally, the economy is anticipated to maintain a steady growth rate of 3.2% from 2024 to 2025 (similar to 2023&#8217;s figures). Both headline and core inflation are expected to decline steadily. </p>
<p>&#8220;As inflation converges toward target levels and central banks pivot toward policy easing,&#8221; the IMF notes a forecasted dip in the Federal Reserve's policy rate from the current 5.4% to 4.6%.</p>
<p><strong>Impact of Artificial Intelligence, Office Real Estate Crisis</strong>: Advanced economies are poised to benefit from artificial intelligence (AI) advancements.</p>
<p>AI could impact approximately 60% of the workforce, with half potentially seeing increased productivity and wages, and the other half facing reduced labor demand and earnings.</p>
<p>On the real estate front, the commercial/office market &#8220;is under especially strong pressure&#8221; in some economies, with the shift to remote work and higher borrowing costs leading to increased defaults and decreased investments.</p>
<p><strong>Middle East Crisis</strong>: The ongoing conflict between Gaza and Israel poses a significant risk of escalating further, potentially affecting the broader Middle East region. </p>
<p>Such a scenario could trigger a moderate 15% hike in oil prices and a dramatic 150% rise in shipping costs, predominantly impacting Asia-to-Europe routes. </p>
<p>This would lead to a global inflation increase of nearly 70 basis points in 2024 and maintain a 25 basis point rise into 2025. </p>
<p>As inflation rises, major central bank would resort to tightening policies again. </p>
<p>&#8220;Monetary policy tightens relative to baseline, with rates in both advanced economies and emerging markets about 30 to 40 basis points higher in 2025,&#8221; the IMF wrote. </p>
<p>Consequently, global economic activity could diminish by up to 0.4% by 2025, with advanced economies, particularly Europe, feeling a larger impact due to higher shipping costs.</p>
<p>While current global growth projections are optimistic, the IMF remains vigilant about the potential adverse scenarios stemming from an escalation in the Middle East. "There will be higher inflation, lower output," stated Pierre-Olivier Gourinchas, IMF Chief Economist, during a press conference.</p>
<p><em>Read Now:</em> <em><a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38257564/israels-war-cabinet-vows-to-respond-clearly-and-forcefully-against-iran-g7-mulls-sanctions">Israel&#8217;s War Cabinet Vows To Respond &#8216;Clearly And Forcefully&#8217; To Iran, G7 Mulls Sanctions On Tehran: Stocks Tumble, Gold Rallies, WTI Tops $85</a></em></p>


Analyst Color

Asia

Emerging Markets

Commodities

Econ #s

IMF Expects Lower Interest Rates Unless Middle East Conflict Escalates: 'There Will Be Higher Inflation, Lower Output'

<p>Deep-pocketed investors have adopted a bearish approach towards Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</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 CAT usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Caterpillar. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 44% leaning bullish and 55% bearish. Among these notable options, 4 are puts, totaling $187,573, and 5 are calls, amounting to $647,430.</p>
<h3>Expected Price Movements</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $200.0 and $410.0 for Caterpillar, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>In terms of liquidity and interest, the mean open interest for Caterpillar options trades today is 634.89 with a total volume of 46.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Caterpillar's big money trades within a strike price range of $200.0 to $410.0 over the last 30 days.</p>
<h3>Caterpillar Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713277891_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CAT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$43.0</td>
<td>$42.4</td>
<td>$43.0</td>
<td>$320.00</td>
<td>$365.5K</td>
<td>1.1K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CAT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$107.25</td>
<td>$105.2</td>
<td>$105.2</td>
<td>$260.00</td>
<td>$84.1K</td>
<td>69</td>
<td style="text-align: right;">8</td>
</tr>
<tr>
<td>CAT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$166.9</td>
<td>$163.15</td>
<td>$165.16</td>
<td>$200.00</td>
<td>$82.5K</td>
<td>225</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CAT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$98.0</td>
<td>$96.2</td>
<td>$96.2</td>
<td>$270.00</td>
<td>$67.3K</td>
<td>244</td>
<td style="text-align: right;">7</td>
</tr>
<tr>
<td>CAT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$13.95</td>
<td>$12.7</td>
<td>$13.12</td>
<td>$370.00</td>
<td>$65.7K</td>
<td>992</td>
<td style="text-align: right;">31</td>
</tr>
</tbody>
</table>
</p>
<h3>About Caterpillar</h3>
<p>Caterpillar is the premier manufacturer of heavy equipment, power solutions, and locomotives. It is currently the world's largest manufacturer of heavy equipment with over 13% market share in 2021. The company is divided into four reportable segments: construction industries, resource industries, energy and transportation, and Caterpillar Financial Services. Its products are available through a dealer network that covers the globe with about 2,700 branches maintained by 160 dealers. Caterpillar Financial Services provides retail financing for machinery and engines to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Caterpillar product sales.</p>
<p>In light of the recent options history for Caterpillar, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Present Market Standing of Caterpillar</h3>
<ul>
<li>Trading volume stands at 367,601, with CAT's price down by -0.77%, positioned at $361.12.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 9 days.</li>
</ul>
<h3>What Analysts Are Saying About Caterpillar</h3>
<p>In the last month, 2 experts released ratings on this stock with an average target price of $421.5.</p>
<ul>
<li>Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Caterpillar, targeting a price of $435. </li>
<li>An analyst from Goldman Sachs persists with their Buy rating on Caterpillar, maintaining a target price of $408. </li>
</ul>
<p>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 Caterpillar options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Options

Caterpillar Options Trading: A Deep Dive into Market Sentiment

<p>Financial giants have made a conspicuous bearish move on Palo Alto Networks. Our analysis of options history for Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) revealed 8 unusual trades.</p>
<p>Delving into the details, we found 25% of traders were bullish, while 75% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $851,245, and 4 were calls, valued at $205,548.</p>
<h3>What's The Price Target?</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $200.0 and $310.0 for Palo Alto Networks, spanning the last three months.</p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Palo Alto Networks's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Palo Alto Networks's significant trades, within a strike price range of $200.0 to $310.0, over the past month.</p>
<h3>Palo Alto Networks Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713277885_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>PANW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$28.85</td>
<td>$28.6</td>
<td>$28.6</td>
<td>$230.00</td>
<td>$572.0K</td>
<td style="text-align: right;">743</td>
<td style="text-align: right;">20</td>
</tr>
<tr>
<td>PANW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$9.4</td>
<td>$9.3</td>
<td>$9.35</td>
<td>$210.00</td>
<td>$174.8K</td>
<td style="text-align: right;">441</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>PANW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$13.0</td>
<td>$12.85</td>
<td>$12.85</td>
<td>$210.00</td>
<td>$68.1K</td>
<td style="text-align: right;">97</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>PANW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>04/26/24</td>
<td>$3.85</td>
<td>$3.25</td>
<td>$3.5</td>
<td>$280.00</td>
<td>$67.9K</td>
<td style="text-align: right;">537</td>
<td style="text-align: right;">20</td>
</tr>
<tr>
<td>PANW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>07/19/24</td>
<td>$11.05</td>
<td>$10.8</td>
<td>$10.92</td>
<td>$310.00</td>
<td>$58.9K</td>
<td style="text-align: right;">435</td>
<td style="text-align: right;">55</td>
</tr>
</tbody>
</table>
</p>
<h3>About Palo Alto Networks</h3>
<p>Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 85,000 customers across the world, including more than three fourths of the Global 2000.</p>
<p>After a thorough review of the options trading surrounding Palo Alto Networks, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Present Market Standing of Palo Alto Networks</h3>
<ul>
<li>With a volume of 767,369, the price of PANW is up 0.13% at $272.5. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 35 days.</li>
</ul>
<h3>What Analysts Are Saying About Palo Alto Networks</h3>
<p>A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $350.0.</p>
<ul>
<li>An analyst from Redburn Atlantic has decided to maintain their Buy rating on Palo Alto Networks, which currently sits at a price target of $350. </li>
</ul>
<p>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.</p>
<p>If you want to stay updated on the latest options trades for Palo Alto Networks, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


PANW

This Is What Whales Are Betting On Palo Alto Networks

<p>Financial giants have made a conspicuous bearish move on Broadcom. Our analysis of options history for Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) revealed 15 unusual trades.</p>
<p>Delving into the details, we found 40% of traders were bullish, while 60% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $95,880, and 12 were calls, valued at $603,760.</p>
<h3>Predicted Price Range</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $720.0 to $1560.0 for Broadcom over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>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 Broadcom'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 Broadcom's whale trades within a strike price range from $720.0 to $1560.0 in the last 30 days. </p>
<h3>Broadcom Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713277880_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$12.3</td>
<td>$11.7</td>
<td>$11.7</td>
<td>$1340.00</td>
<td>$132.8K</td>
<td style="text-align: right;">494</td>
<td style="text-align: right;">26</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$625.9</td>
<td>$616.9</td>
<td>$616.9</td>
<td>$720.00</td>
<td>$61.6K</td>
<td style="text-align: right;">316</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$8.8</td>
<td>$8.1</td>
<td>$8.1</td>
<td>$1355.00</td>
<td>$61.1K</td>
<td style="text-align: right;">292</td>
<td style="text-align: right;">13</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$180.0</td>
<td>$168.1</td>
<td>$173.06</td>
<td>$1320.00</td>
<td>$51.9K</td>
<td style="text-align: right;">582</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$16.0</td>
<td>$15.6</td>
<td>$15.95</td>
<td>$1450.00</td>
<td>$47.9K</td>
<td style="text-align: right;">436</td>
<td style="text-align: right;">36</td>
</tr>
</tbody>
</table>
</p>
<h3>About Broadcom</h3>
<p>Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.</p>
<p>After a thorough review of the options trading surrounding Broadcom, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Present Market Standing of Broadcom</h3>
<ul>
<li>Trading volume stands at 212,439, with AVGO's price up by 0.56%, positioned at $1318.0.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 44 days.</li>
</ul>
<h3>What The Experts Say On Broadcom</h3>
<p>5 market experts have recently issued ratings for this stock, with a consensus target price of $1568.0.</p>
<ul>
<li>An analyst from TD Cowen has elevated its stance to Outperform, setting a new price target at $1500. </li>
<li>An analyst from Rosenblatt has revised its rating downward to Buy, adjusting the price target to $1500. </li>
<li>An analyst from Evercore ISI Group downgraded its action to Outperform with a price target of $1620. </li>
<li>An analyst from Deutsche Bank has revised its rating downward to Buy, adjusting the price target to $1500. </li>
<li>Reflecting concerns, an analyst from Benchmark lowers its rating to Buy with a new price target of $1720.</li>
</ul>
<p>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 Broadcom options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


AVGO

Unpacking the Latest Options Trading Trends in Broadcom

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Analysts' Top Healthcare Picks: Mainz Biomed B.V. (MYNZ), Century Therapeutics (IPSC)

AKRO

IPSC

MYNZ

NGNE

RPTX

SAVAW

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SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Cassava

Holzer & Holzer, LLC Reminds Shareholders of April 2, 2024 Lead Plaintiff Deadline in Cassava Sciences, Inc. (SAVA) Class Action – Nationally Ranked Investors' Rights Firm Encourages Investors With Significant Losses to Contact the Firm

SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Cassava

SAVA INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Cassava Sciences, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

ROSEN, LEADING TRIAL ATTORNEYS, Encourages Cassava Sciences, Inc. Investors to Secure Counsel Before Important April 2 Deadline in Securities Class Action – SAVA

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Cassava Sciences, Inc. of Class Action Lawsuit and Upcoming Deadlines – SAVA

Cassava Sciences, Inc. investors: Please contact the Portnoy Law Firm to recover your losses; April 2, 2024 deadline.

DEADLINE TODAY: The Schall Law Firm Encourages Investors in Cassava Sciences, Inc. with Losses of $100,000 to Contact the Firm

CASSAVA ALERT: Bragar Eagel & Squire, P.C. is Investigating Cassava Sciences, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

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Cassava Sciences Stock (NASDAQ:SAVA), Trade Ideas