Lode Gold Resources Stock (OTC:SBMIF), Trade Ideas

Lode Gold Resources Inc is a Canadian exploration and development company with grassroots and advanced exploration properties in highly prospective and safe mining jurisdictions. The company projects are McIntyre Brook Project, Golden Culvert and Win Projects. It also holds a pipeline of early-stage exploration projects including the critical mineral Captain Cobalt-Copper-Gold Deposit in New Brunswick and the Dingman Gold Project, Ontario.

LODE GOLD RESOURCES INC. by Lode Gold Resources Inc.

Lode Gold Resources Inc

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Cloudflare</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NET, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 31 uncommon options trades for Cloudflare.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 54% bullish and 45%, bearish.</p>
<p>Out of all of the special options we uncovered, 20 are puts, for a total amount of $1,894,282, and 11 are calls, for a total amount of $506,082.</p>
<h3>Expected Price Movements</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $55.0 to $170.0 for Cloudflare during the past quarter. </p>
<h3>Volume &amp; Open Interest Trends</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 Cloudflare's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Cloudflare's significant trades, within a strike price range of $55.0 to $170.0, over the past month.</p>
<h3>Cloudflare Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713555966_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><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>NET</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$6.35</td>
<td>$6.25</td>
<td>$6.25</td>
<td>$85.00</td>
<td>$306.2K</td>
<td>2.2K</td>
<td style="text-align: right;">214</td>
</tr>
<tr>
<td>NET</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$5.9</td>
<td>$5.7</td>
<td>$5.7</td>
<td>$65.00</td>
<td>$244.0K</td>
<td>3.2K</td>
<td style="text-align: right;">294</td>
</tr>
<tr>
<td>NET</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$10.1</td>
<td>$9.9</td>
<td>$9.9</td>
<td>$90.00</td>
<td>$222.7K</td>
<td>3.5K</td>
<td style="text-align: right;">572</td>
</tr>
<tr>
<td>NET</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$87.65</td>
<td>$85.85</td>
<td>$85.85</td>
<td>$170.00</td>
<td>$94.4K</td>
<td>1</td>
<td style="text-align: right;">22</td>
</tr>
<tr>
<td>NET</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$86.45</td>
<td>$83.85</td>
<td>$85.45</td>
<td>$170.00</td>
<td>$93.9K</td>
<td>1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
</p>
<h3>About Cloudflare</h3>
<p>Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.</p>
<p>After a thorough review of the options trading surrounding Cloudflare, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Cloudflare's Current Market Status</h3>
<ul>
<li>With a trading volume of 2,828,997, the price of NET is down by -3.31%, reaching $83.84.</li>
<li>Current RSI values indicate that the stock is may be oversold.</li>
<li>Next earnings report is scheduled for 13 days from now.</li>
</ul>
<h3>What The Experts Say On Cloudflare</h3>
<p>A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $97.5.</p>
<ul>
<li>Maintaining their stance, an analyst from Mizuho continues to hold a Neutral rating for Cloudflare, targeting a price of $95. </li>
<li>An analyst from Cantor Fitzgerald downgraded its action to Neutral with a price target of $100. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Cloudflare with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Options

Markets

Unpacking the Latest Options Trading Trends in Cloudflare

<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>BlackRock</strong>.</p>
<p>Looking at options history for BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) we detected 9 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 66% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $250,836 and 6, calls, for a total amount of $3,655,006.</p>
<h3>What's The Price Target?</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $700.0 to $770.0 for BlackRock over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of BlackRock stands at 67.71, with a total volume reaching 824.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in BlackRock, situated within the strike price corridor from $700.0 to $770.0, throughout the last 30 days.</p>
<h3>BlackRock Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713555960_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</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>BLK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$49.0</td>
<td>$47.9</td>
<td>$49.0</td>
<td>$740.00</td>
<td>$3.4M</td>
<td style="text-align: right;">11</td>
<td style="text-align: right;">700</td>
</tr>
<tr>
<td>BLK</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$42.5</td>
<td>$41.0</td>
<td>$41.5</td>
<td>$710.00</td>
<td>$124.5K</td>
<td style="text-align: right;">89</td>
<td style="text-align: right;">30</td>
</tr>
<tr>
<td>BLK</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$15.1</td>
<td>$14.7</td>
<td>$15.1</td>
<td>$740.00</td>
<td>$70.8K</td>
<td style="text-align: right;">268</td>
<td style="text-align: right;">41</td>
</tr>
<tr>
<td>BLK</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$56.8</td>
<td>$55.2</td>
<td>$55.9</td>
<td>$770.00</td>
<td>$61.4K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">11</td>
</tr>
<tr>
<td>BLK</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$15.1</td>
<td>$14.8</td>
<td>$14.99</td>
<td>$740.00</td>
<td>$55.4K</td>
<td style="text-align: right;">268</td>
<td style="text-align: right;">3</td>
</tr>
</tbody>
</table>
</p>
<h3>About BlackRock</h3>
<p>BlackRock is the largest asset manager in the world, with $10.008 trillion in assets under management at the end of December 2023. Its product mix is fairly diverse, with 52% of managed assets in equity strategies, 28% in fixed income, 9% in multi-asset classes, 8% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the US and Canada.</p>
<p>Having examined the options trading patterns of BlackRock, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Current Position of BlackRock</h3>
<ul>
<li>With a trading volume of 528,872, the price of BLK is up by 0.22%, reaching $748.93.</li>
<li>Current RSI values indicate that the stock is may be oversold.</li>
<li>Next earnings report is scheduled for 84 days from now.</li>
</ul>
<h3>What The Experts Say On BlackRock</h3>
<p>4 market experts have recently issued ratings for this stock, with a consensus target price of $893.0.</p>
<ul>
<li>An analyst from Keefe, Bruyette &amp; Woods downgraded its action to Outperform with a price target of $930. </li>
<li>An analyst from Morgan Stanley persists with their Overweight rating on BlackRock, maintaining a target price of $1025. </li>
<li>An analyst from UBS has decided to maintain their Neutral rating on BlackRock, which currently sits at a price target of $850. </li>
<li>An analyst from JP Morgan has decided to maintain their Neutral rating on BlackRock, which currently sits at a price target of $767. </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 BlackRock, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


BlackRock Unusual Options Activity For April 19

<p>Financial giants have made a conspicuous bearish move on Stryker. Our analysis of options history for Stryker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYK#NYSE">SYK</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, 5 were puts, with a value of $424,828, and 3 were calls, valued at $144,240.</p>
<h3>Expected Price Movements</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $320.0 to $340.0 for Stryker during the past quarter. </p>
<h3>Volume &amp; Open Interest Development</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 Stryker's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Stryker's significant trades, within a strike price range of $320.0 to $340.0, over the past month.</p>
<h3>Stryker Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713555955_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>SYK</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$20.6</td>
<td>$19.7</td>
<td>$19.7</td>
<td>$320.00</td>
<td>$220.6K</td>
<td>406</td>
<td style="text-align: right;">143</td>
</tr>
<tr>
<td>SYK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$26.2</td>
<td>$24.9</td>
<td>$24.9</td>
<td>$340.00</td>
<td>$74.7K</td>
<td>1.0K</td>
<td style="text-align: right;">45</td>
</tr>
<tr>
<td>SYK</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$25.1</td>
<td>$24.1</td>
<td>$25.1</td>
<td>$330.00</td>
<td>$65.2K</td>
<td>226</td>
<td style="text-align: right;">46</td>
</tr>
<tr>
<td>SYK</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$29.6</td>
<td>$28.6</td>
<td>$29.6</td>
<td>$340.00</td>
<td>$50.3K</td>
<td>254</td>
<td style="text-align: right;">17</td>
</tr>
<tr>
<td>SYK</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$24.2</td>
<td>$23.4</td>
<td>$24.2</td>
<td>$330.00</td>
<td>$48.4K</td>
<td>226</td>
<td style="text-align: right;">20</td>
</tr>
</tbody>
</table>
</p>
<h3>About Stryker</h3>
<p>Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. The product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils, hospital beds and gurneys, and spinal devices. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Just over one fourth of Stryker's total revenue currently comes from outside the United States.</p>
<p>Following our analysis of the options activities associated with Stryker, we pivot to a closer look at the company's own performance.</p>
<h3>Stryker's Current Market Status</h3>
<ul>
<li>With a volume of 951,577, the price of SYK is down -0.57% at $325.58. </li>
<li>RSI indicators hint that the underlying stock may be oversold.</li>
<li>Next earnings are expected to be released in 11 days.</li>
</ul>
<h3>What The Experts Say On Stryker</h3>
<p>A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $390.5.</p>
<ul>
<li>An analyst from Citigroup has decided to maintain their Buy rating on Stryker, which currently sits at a price target of $406. </li>
<li>An analyst from TD Cowen has decided to maintain their Buy rating on Stryker, which currently sits at a price target of $400. </li>
<li>An analyst from RBC Capital persists with their Outperform rating on Stryker, maintaining a target price of $386. </li>
<li>An analyst from Evercore ISI Group persists with their Outperform rating on Stryker, maintaining a target price of $370. </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 Stryker options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Stryker Unusual Options Activity For April 19

WIIM

ROKU

Roku shares are trading lower in sympathy with Netflix, which fell after reporting Q1 financial results.

AMZN

Amazon shares are trading lower amid overall tech weakness.

UBER

Uber shares are trading lower. The stock fell earlier in the week on reports senators are seeking information on delivery companies' junk fees.

<p><a href="https://www.audacy.com/talk1370/news/business/cannabis-seizures-at-checkpoints-by-us-mexico-border-frustrates-state-authorized-pot-industry?utm_source=dlvr.it&amp;utm_medium=twitter">https://www.audacy.com/talk1370/news/business/cannabis-seizures-at-checkpoints-by-us-mexico-border-frustrates-state-authorized-pot-industry?utm_source=dlvr.it&amp;utm_medium=twitter</a></p>
<p>The U.S. Border Patrol is asserting its right to seize cannabis shipments — including commercial, state-authorized supplies — as licensed cannabis providers file complaints that more than $300,000 worth of marijuana has been confiscated in recent months at highway checkpoints in southern New Mexico.</p>
<p>New Mexico's Democratic governor says the disruptions prompted a discussion this week with U.S. Homeland Security Secretary <a href="https://apnews.com/hub/alejandro-mayorkas">Alejandro Mayorkas</a>, whose impeachment charges were dismissed this week. Gov. Michelle Lujan Grisham says she voiced concerns that the scrutiny of cannabis companies appears to be greater in New Mexico than <a href="https://apnews.com/article/420-history-marijuana-07ecdd87c4756cc4a1dbd4ad3b1f682c">states with regulated markets</a> that aren't along the U.S. border with Mexico.</p>
<p>Authorized cannabis sales in New Mexico have exceeded $1 billion since regulation and <a href="https://apnews.com/article/health-business-texas-new-mexico-marijuana-f786a646543955f1db4a9e51cee79e8c">taxation of the recreational market</a> began two years ago. Yet cannabis transport drivers say they have been detained hours while supplies are seized at permanent Border Patrol checkpoints that filter inbound traffic for unauthorized migrants and illegal narcotics, typically located about 60 miles (100 kilometers) from the U.S. border.</p>
<p>"Secretary Mayorkas assured the governor that federal policies with respect to legalized cannabis have not changed," said Lujan Grisham spokesperson Michael Coleman in an email. "Regardless, the governor and her administration are working on a strategy to protect New Mexico's cannabis industry."</p>
<p>Managers at 10 cannabis businesses including transporters last week petitioned New Mexico's congressional delegation to broker free passage of shipments, noting that jobs and investments are at stake, and that several couriers have been sidelined for "secondary inspection" and fingerprinted at Border Patrol checkpoints.</p>
<p>"We request that operators who have had product federally seized should be allowed to either get their product returned or be monetarily compensated for the losses they've sustained," the letter states.</p>
<p>U.S. Sen. Martin Heinrich said the Department of Homeland Security should be focused on urgent priorities that don't include cannabis suppliers that comply with state law.</p>
<p>"Stopping the flow of illicit fentanyl into our country should be the Department of Homeland Security's focus at these checkpoints, not seizing cannabis that's being transported in compliance with state law," the senator said in a statement, referring to the parent agency for U.S. Customs and Border Patrol. "New Mexicans are depending on federal law enforcement to do everything they can to keep our communities safe. Our resources should be used to maximize residents' safety, not distract from it."</p>
<p>A public statement Thursday from the U.S. Border Patrol sector overseeing New Mexico provided a reminder that cannabis is still a "Schedule 1" drug, a designation also assigned to heroin and LSD.</p>
<p>"Although medical and recreational marijuana may be legal in some U.S. States and Canada, the sale, possession, production and distribution of marijuana or the facilitation of the aforementioned remain illegal under U.S. federal law," the agency's statement said. "Consequently, individuals violating the Controlled Substances Act encountered while crossing the border, arriving at a U.S. port of entry, or at a Border Patrol checkpoint may be deemed inadmissible and/or subject to, seizure, fines, and/or arrest."</p>
<p>Matt Kennicott, an owner of Socorro-based High Maintenance, a cannabis business, said seizures by Border Patrol started in February without warning and create uncertainty about shipments that include samples for consumer-safety testing. He said cannabis producers in southernmost New Mexico rely on testing labs farther north, on the other side of Border Patrol checkpoints, to comply with safeguards against contaminants like mold or pesticides.</p>
<p>"It's not a little confusing, it's a lot confusing," he said. "We're trying to figure out where this directive came from."</p>


News

Trading Ideas

AKAN

CRON

GRWG

MASSIVE INTERACTIVE NV by Massive Interactive, Inc.

HUGE

IMCC

LFLY

MAPS

MSOS

SNDL

TLRY

'Cannabis Seizures At Checkpoints By U.S.-Mexico Border Frustrates State-Authorized Pot Industry' - Audacy Citing AP

COIN

Coinbase shares are trading lower, reversing after earlier gaining with a rise in Bitcoin.

SPOT

Spotify shares are trading lower despite a lack of negative company-specific news.

<p>Deep-pocketed investors have adopted a bearish approach towards Wolfspeed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</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 WOLF usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 15 extraordinary options activities for Wolfspeed. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 46% leaning bullish and 53% bearish. Among these notable options, 6 are puts, totaling $1,620,510, and 9 are calls, amounting to $724,498.</p>
<h3>Projected Price Targets</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $15.0 to $60.0 for Wolfspeed 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 Wolfspeed'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 Wolfspeed's whale trades within a strike price range from $15.0 to $60.0 in the last 30 days. </p>
<h3>Wolfspeed Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713555099_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</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><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>WOLF</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$4.7</td>
<td>$4.5</td>
<td>$4.55</td>
<td>$20.00</td>
<td>$1.3M</td>
<td>18.2K</td>
<td>5.5K</td>
</tr>
<tr>
<td>WOLF</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$2.45</td>
<td>$2.3</td>
<td>$2.45</td>
<td>$30.00</td>
<td>$245.1K</td>
<td>221</td>
<td>1.0K</td>
</tr>
<tr>
<td>WOLF</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$3.4</td>
<td>$3.3</td>
<td>$3.3</td>
<td>$60.00</td>
<td>$215.1K</td>
<td>681</td>
<td>855</td>
</tr>
<tr>
<td>WOLF</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$2.2</td>
<td>$2.1</td>
<td>$2.1</td>
<td>$25.00</td>
<td>$82.3K</td>
<td>3.9K</td>
<td>1.0K</td>
</tr>
<tr>
<td>WOLF</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$3.4</td>
<td>$2.95</td>
<td>$3.3</td>
<td>$60.00</td>
<td>$63.0K</td>
<td>681</td>
<td>855</td>
</tr>
</tbody>
</table>
</p>
<h3>About Wolfspeed</h3>
<p>Wolfspeed Inc is involved in the manufacturing of wide bandgap semiconductors. It is focused on silicon carbide and gallium nitride materials and devices for power and radio-frequency (RF) applications. The company serves applications such as transportation, power supplies, inverters, and wireless systems. Geographically, it derives a majority of revenue from Europe and also has a presence in the United States; China; Japan; South Korea, and other countries.</p>
<p>After a thorough review of the options trading surrounding Wolfspeed, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Where Is Wolfspeed Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 3,333,532, the WOLF's price is down by -5.19%, now at $22.49. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 12 days.</li>
</ul>
<h3>What Analysts Are Saying About Wolfspeed</h3>
<p>In the last month, 4 experts released ratings on this stock with an average target price of $32.5.</p>
<ul>
<li>An analyst from Wells Fargo downgraded its action to Equal-Weight with a price target of $30. </li>
<li>An analyst from Susquehanna persists with their Neutral rating on Wolfspeed, maintaining a target price of $35. </li>
<li>Reflecting concerns, an analyst from Mizuho lowers its rating to Neutral with a new price target of $30.</li>
<li>Consistent in their evaluation, an analyst from JP Morgan keeps a Neutral rating on Wolfspeed with a target price of $35. </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 Wolfspeed options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


WOLF

Looking At Wolfspeed's Recent Unusual Options Activity

<p>Deep-pocketed investors have adopted a bearish approach towards Pinterest (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</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 PINS usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 15 extraordinary options activities for Pinterest. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 33% leaning bullish and 66% bearish. Among these notable options, 9 are puts, totaling $453,788, and 6 are calls, amounting to $728,762.</p>
<h3>Expected Price Movements</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $30.0 to $45.0 for Pinterest over the recent three months. </p>
<h3>Analyzing 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 Pinterest's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Pinterest's significant trades, within a strike price range of $30.0 to $45.0, over the past month.</p>
<h3>Pinterest Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713555093_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><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>PINS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$4.85</td>
<td>$4.65</td>
<td>$4.66</td>
<td>$45.00</td>
<td>$582.5K</td>
<td>431</td>
<td>1.2K</td>
</tr>
<tr>
<td>PINS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$2.29</td>
<td>$2.25</td>
<td>$2.25</td>
<td>$30.00</td>
<td>$112.5K</td>
<td>240</td>
<td>500</td>
</tr>
<tr>
<td>PINS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$11.7</td>
<td>$11.6</td>
<td>$11.7</td>
<td>$44.00</td>
<td>$98.2K</td>
<td>168</td>
<td>84</td>
</tr>
<tr>
<td>PINS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$2.78</td>
<td>$2.69</td>
<td>$2.69</td>
<td>$30.00</td>
<td>$72.0K</td>
<td>91</td>
<td>268</td>
</tr>
<tr>
<td>PINS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$2.59</td>
<td>$2.58</td>
<td>$2.59</td>
<td>$33.00</td>
<td>$34.7K</td>
<td>2.9K</td>
<td>189</td>
</tr>
</tbody>
</table>
</p>
<h3>About Pinterest</h3>
<p>Pinterest is an online product and idea discovery platform that helps users gather ideas on everything from cooking recipes to travel destinations. Founded in 2010, the platform consists of a largely female audience, which accounts for roughly two thirds of its nearly 500 million monthly active users. The company generates revenue by selling digital ads and is now rolling out more in-platform e-commerce features. About 20% of users reside in the US and Canada, but the region accounted for about 80% of revenue in 2023.</p>
<p>Following our analysis of the options activities associated with Pinterest, we pivot to a closer look at the company's own performance.</p>
<h3>Present Market Standing of Pinterest</h3>
<ul>
<li>Trading volume stands at 5,218,165, with PINS's price down by -1.58%, positioned at $32.39.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 11 days.</li>
</ul>
<h3>What Analysts Are Saying About Pinterest</h3>
<p>In the last month, 1 experts released ratings on this stock with an average target price of $48.0.</p>
<ul>
<li>An analyst from Piper Sandler downgraded its action to Overweight with a price target of $48. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Pinterest with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


PINS

Smart Money Is Betting Big In PINS Options

<p>Deep-pocketed investors have adopted a bearish approach towards Alcoa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</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 AA usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for Alcoa. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 45% leaning bullish and 54% bearish. Among these notable options, 9 are puts, totaling $505,027, and 2 are calls, amounting to $149,975.</p>
<h3>Predicted Price Range</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $25.0 to $50.0 for Alcoa over the last 3 months. </p>
<h3>Insights into 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 Alcoa'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 Alcoa's whale trades within a strike price range from $25.0 to $50.0 in the last 30 days. </p>
<h3>Alcoa Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713555088_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</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>AA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$14.9</td>
<td>$14.8</td>
<td>$14.8</td>
<td>$50.00</td>
<td>$128.7K</td>
<td>24</td>
<td style="text-align: right;">89</td>
</tr>
<tr>
<td>AA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$4.25</td>
<td>$4.2</td>
<td>$4.25</td>
<td>$35.00</td>
<td>$110.5K</td>
<td>329</td>
<td style="text-align: right;">260</td>
</tr>
<tr>
<td>AA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$10.75</td>
<td>$10.6</td>
<td>$10.75</td>
<td>$25.00</td>
<td>$102.1K</td>
<td>500</td>
<td style="text-align: right;">96</td>
</tr>
<tr>
<td>AA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$3.85</td>
<td>$3.8</td>
<td>$3.85</td>
<td>$35.00</td>
<td>$56.5K</td>
<td>530</td>
<td style="text-align: right;">986</td>
</tr>
<tr>
<td>AA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$5.5</td>
<td>$5.4</td>
<td>$5.5</td>
<td>$35.00</td>
<td>$47.8K</td>
<td>1.4K</td>
<td style="text-align: right;">6</td>
</tr>
</tbody>
</table>
</p>
<h3>About Alcoa</h3>
<p>Alcoa Corp is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and the manufacture of primary aluminum. It is a bauxite miner and alumina refiner by production volume, and its profits are closely tied to prevailing commodity prices along the aluminum supply chain. The company segments include Bauxite; Alumina and Aluminum. It generates maximum revenue from the Aluminum segment. Geographically, it derives a majority of its revenue from the United States.</p>
<h3>Alcoa's Current Market Status</h3>
<ul>
<li>Trading volume stands at 6,025,898, with AA's price up by 0.49%, positioned at $35.65.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 89 days.</li>
</ul>
<h3>What Analysts Are Saying About Alcoa</h3>
<p>Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $37.0.</p>
<ul>
<li>An analyst from B. Riley Securities has decided to maintain their Neutral rating on Alcoa, which currently sits at a price target of $31. </li>
<li>Maintaining their stance, an analyst from BMO Capital continues to hold a Market Perform rating for Alcoa, targeting a price of $37. </li>
<li>An analyst from UBS persists with their Sell rating on Alcoa, maintaining a target price of $32. </li>
<li>An analyst from Jefferies has decided to maintain their Buy rating on Alcoa, which currently sits at a price target of $48. </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 Alcoa, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Smart Money Is Betting Big In Alcoa Options

Entergy shares are trading higher. KeyBanc maintained its Overweight rating on the stock and raised its price target from $108 to $112.

Kinder Morgan shares are trading higher. The company onWednesday reported Q1 earnings and increased its quarterly dividend.

<p>The crypto community is buzzing with excitement as the highly anticipated <a href="https://www.benzinga.com/topic/bitcoin-halving">Bitcoin Halving</a> event is set to commence in just a few hours.</p>
<p><strong>What Happened:</strong> <strong>Bitwise</strong> CIO Matt <strong>Hougan</strong> in his Friday <a href="https://www.cnbc.com/video/2024/04/19/bitcoin-prices-will-rally-substantially-after-this-weeks-halving-says-bitwise-cio-matt-hougan.html">interview</a> with CNBC stated that <strong>Bitcoin </strong>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is experiencing a demand shock from the launch of spot Bitcoin ETFs and a supply shock from the Halving. Both events occurring at the same time have created an exciting setup for the crypto industry.</p>
<p>Crypto trader <strong>Stockmoney Lizards</strong> recently <a href="https://twitter.com/StockmoneyL/status/1781218191600955450">highlighted</a> Bitcoin&#8217;s pump off the horizontal support zone, indicating a local bottom. However, the ascending trendline continues to serve as a significant resistance point, suggesting that the correction phase is still in progress.</p>
<p>Renowned market analyst <strong>The Flow Horse</strong> shared a lighthearted <a href="https://twitter.com/TheFlowHorse/status/1781057301727592729">tweet</a> depicting a series of bounces and drops, indicating a volatile period ahead for investors. </p>
<p>He predicts a 20% drop after the first bounce, which will create panic selling, followed by a marginal bounce back as investors regain confidence. The Flow Horse expects this pattern of drops and bounces to repeat three to four times until emotional fatigue sets in, leading to a market slowdown until Labor Day.</p>
<p><figure class="wp-block-image size-full"><a href="https://www.benzinga.com/money/is-ethereum-a-good-investment"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure></p>
<p><em>Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38321951/what-happens-after-the-bitcoin-halving">What Happens After The Bitcoin Halving?</a></em></p>
<p><strong>Why It Matters:</strong> The Bitcoin Halving, which occurs approximately every four years, reduces the number of new bitcoins created and earned by miners by half. This event is often associated with price volatility in the cryptocurrency market.</p>
<p>Crypto trader <strong>PlanB</strong> <a href="https://twitter.com/100trillionUSD/status/1781260966295924813">estimates</a> a 4x surge in Bitcoin&#8217;s price within the next 6 to 18 months following the Halving, as &#8220;the rest of the market rushes to get a piece of the pie.&#8221;</p>
<p>While experts forecast volatile price movements in Bitcoin after the Halving, investors are advised to approach the market with caution during this period, keeping in mind the potential for rapid changes in market conditions.</p>
<p><strong>What's Next</strong>: The influence of <a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a> is expected to be thoroughly explored at Benzinga's upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a> event on Nov. 19.</p>
<p><em>Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38277523/bitcoin-halving-jitters-why-10x-research-urges-caution">Bitcoin Halving Jitters: Why 10x Research Urges Caution</a></em></p>
<p><em>Image: Shutterstock</em></p>


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

Cryptocurrency

$BTC

Happy Bitcoin Halving Day: What Experts Predict Happens Next

<p>Value Line, Inc. (NASDAQ: <strong>VALU</strong>) announced today that its Board of Directors declared on April 19, 2024 a quarterly cash dividend of $0.30 per common share, payable on May 10, 2024, to stockholders of record on April 29, 2024. The 2024 increase of eight cents per year when annualized represents the tenth consecutive year of increases for the 93-year-old investment research icon. Based on a full year at the new rate, the new dividend level will reach $1.20 per share. The Company has 9,422,983 shares of common stock outstanding as of April 19, 2024.</p>


Dividends

VALU

Value Line Announces Increase Quarterly Cash Dividend From $0.28 To $0.30 Per Common Share

CAMT

KLAC

MCHP

MPWR

QCOM

Shares of semiconductor and chip stocks are trading lower. The sector has been under pressure this week following earnings from ASML and TSMC. Stocks have been mixed Friday amid overall market uncertainty on Iran-Israel tensions.

<p>Jim Cramer recently hyped up one of his guests in advance of his CNBC show "Mad Money," posting on X that people "will be very interested in MindMed for certain &#8230; LSD," and he made sure his interview did not disappoint.</p>
<p><strong>Mind Medicine Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNMD#NASDAQ">MNMD</a>) sees a massive market opportunity ahead, citing 21% of U.S. adults with an anxiety disorder, an estimated 4.4% of U.S. adults with attention-deficit/hyperactivity disorder (ADHD) and a $461 billion economic cost from autism spectrum disorder by 2025.</p>
<p><strong>Don't Miss:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/money/zette"><strong>Anyone can invest in this Harvard-founded AI startup</strong></a></strong><strong> solving paywalls and growing 5x yearly by partnering with Forbes, Daily News and more.</strong></li>
<li><strong></strong><strong>Invest alongside execs from Uber, Facebook and Apple in this<a href="https://www.benzinga.com/money/aura"><strong> </strong><strong>wellness app Transforming a $5.6 TRILLION dollar industry</strong></a>.</strong></li>
</ul>
<p>While the conditions they're seeking to treat are not new, MindMed's plan to treat patients with LSD and MDMA-derived therapies could be described as unconventional.</p>
<p>But its story has gained investors' attention. MindMed shares have had an impressive run this year, with its stock up over 167% year to date.</p>
<p>One reason for the stock's recent jump was the Food and Drug Administration's (FDA) decision to grant breakthrough designation for MindMed's LSD-based treatment for generalized anxiety disorder.</p>
<p><a href="https://www.benzinga.com/topic/mindmed">MindMed</a> Chief Medical Officer Dr. Daniel Karlin described the achievement, saying, "A breakthrough designation is a recognition that a drug has demonstrated evidence of clinical efficacy in meeting an unmet medical need" and called it "an offer from the agency to engage more closely in drug development."</p>
<p><strong>Trending: Invest like a millionaire. Exclusive opportunity to<a href="https://www.benzinga.com/money/epic-games"><strong> </strong><strong>invest in Epic Games $17 billion gaming empire.</strong></a></strong></p>
<p>Following the interview, Cramer suggested that scientific advances in psychedelics-based therapy are taking a backseat to political agendas, posting on X that "<a href="https://t.co/OfcgQY7TtX">Mindmed.com</a> intrigued me because it is pretty clear that the LSD-derived antidepressants were blocked politically and criminalized after good tests showing they worked!!!"</p>
<p>MindMed reported results from its phase IIB trial of its MM-120 drug, an LSD-derived therapy, which showed a 78% clinical response against anxiety versus just 31% for a placebo.</p>
<p>Only "transient mild-to-moderate" adverse effects were reported, with none of the study's participants in even the highest trial doses stopping the trial because of side effects.</p>
<p>"These promising findings represent a major step forward in our goal to bring a paradigm-shifting treatment to the millions of patients who are profoundly impacted by GAD [generalized anxiety disorder]," MindMed CEO Robert Barrow said.&nbsp;</p>
<p>MindMed's shares still have a long way to go to get back to its 2021 peak, with the stock down nearly 84% since then.</p>
<p>The stocks of other companies developing psychedelic-derived therapies, such as <strong>ATAI Life Sciences</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATAI#NASDAQ">ATAI</a>) and <strong>Compass Pathways</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMPS#NASDAQ">CMPS</a>), also remain well off their peaks.</p>
<p><strong>Keep Reading <a href="https://www.benzinga.com/alternative-investments/startups"><strong>About Startups</strong></a>:</strong></p>
<ul>
<li><strong></strong><strong>This startup coined &#8220;eBay for gamers&#8221; with a breathtaking track record has opened up<a href="https://www.benzinga.com/money/gameflip-2"><strong> a window to invest in its future growth</strong></a>.</strong></li>
<li><strong></strong><strong>Join the elite. Invest in Epic Games and<a href="https://www.benzinga.com/money/epic-games"><strong> </strong><strong>own a piece of the $17 billion Fortnite empire</strong></a>.</strong></li>
</ul>


General

ATAI

CMPS

MNMD

Jim Cramer Slams Political Blocking Of 'LSD-Derived Antidepressants,' Citing Strong Test Data 'Showing They Worked'

ALAB

Astera Labs shares are trading lower. The stock may be experiencing continued post-IPO volatility.

<p>Financial giants have made a conspicuous bearish move on Bristol-Myers Squibb. Our analysis of options history for Bristol-Myers Squibb (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</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 $307,804, and 4 were calls, valued at $200,253.</p>
<h3>Predicted Price Range</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $43.0 to $55.0 for Bristol-Myers Squibb over the last 3 months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Bristol-Myers Squibb's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Bristol-Myers Squibb's whale activity within a strike price range from $43.0 to $55.0 in the last 30 days. </p>
<h3>Bristol-Myers Squibb 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1713554179_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</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><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>BMY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$7.5</td>
<td>$7.4</td>
<td>$7.5</td>
<td>$55.00</td>
<td>$107.2K</td>
<td>667</td>
<td>143</td>
</tr>
<tr>
<td>BMY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$3.6</td>
<td>$3.4</td>
<td>$3.52</td>
<td>$45.00</td>
<td>$105.6K</td>
<td>1.2K</td>
<td>0</td>
</tr>
<tr>
<td>BMY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$7.3</td>
<td>$7.15</td>
<td>$7.25</td>
<td>$43.00</td>
<td>$90.6K</td>
<td>60</td>
<td>126</td>
</tr>
<tr>
<td>BMY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$7.5</td>
<td>$7.4</td>
<td>$7.5</td>
<td>$55.00</td>
<td>$65.2K</td>
<td>667</td>
<td>230</td>
</tr>
<tr>
<td>BMY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/17/24</td>
<td>$0.99</td>
<td>$0.98</td>
<td>$0.98</td>
<td>$50.00</td>
<td>$56.7K</td>
<td>7.6K</td>
<td>1.2K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Bristol-Myers Squibb</h3>
<p>Bristol-Myers Squibb discovers, develops, and markets drugs for various therapeutic areas, such as cardiovascular, cancer, and immune disorders. A key focus for Bristol is immuno-oncology, where the firm is a leader in drug development. Bristol derives close to 70% of total sales from the U.S., showing a higher dependence on the U.S. market than most of its peer group.</p>
<p>Following our analysis of the options activities associated with Bristol-Myers Squibb, we pivot to a closer look at the company's own performance.</p>
<h3>Current Position of Bristol-Myers Squibb</h3>
<ul>
<li>Currently trading with a volume of 5,739,707, the BMY's price is up by 1.38%, now at $48.97. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 6 days.</li>
</ul>
<h3>What The Experts Say On Bristol-Myers Squibb</h3>
<p>Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $52.0.</p>
<ul>
<li>Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for Bristol-Myers Squibb, targeting a price of $52. </li>
</ul>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Bristol-Myers Squibb with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


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