Vtex (NYSE:VTEX) Stock, Quote.Headers.trade-ideas

Vtex

Vtex provides a software-as-a-service digital commerce platform for enterprise brands and retailers. Its platform enables customers to execute their commerce plan, including building online stores, integrating and managing orders across channels, and creating marketplaces to sell products from third-party vendors. It generates maximum revenues from Brazil followed by Latin America and the rest of the world.

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U.S. stocks traded higher, with the Dow Jones index gaining more than 100 points on Friday.

Shares of The Greenbrier Companies, Inc. (NYSE: GBX) rose sharply during Friday’s session following upbeat earnings.

Greenbrier Posts Upbeat Earnings, Joins Kura Sushi USA, AxoGen And Other Big Stocks Moving Higher On Friday

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DA Davidson analyst Franco Granda reiterated a Buy rating on the shares of VTEX (NYSE: VTEX), 

Strategic Google Pay Partnership Strengthens VTEX&#39;s International Expansion Prospects, Says Analyst

DEVELOP GLOBAL LTD by DEVELOP GLOBAL LTD.

Develop Global Ltd

Canaccord Genuity analyst Tania Armstrong-Whitworth maintains Dentalcorp Holdings (CSE2: DNTL) with a Buy and maintains C$12.25 price target.

Canaccord Genuity Maintains Buy on Dentalcorp Holdings, Maintains C$12.25 Price Target

Truist Securities analyst Scot Ciccarelli maintains Lowe's Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>) with a Buy and lowers the price target from $310 to $307.

Truist Securities Maintains Buy on Lowe's Companies, Lowers Price Target to $307

Truist Securities analyst Jailendra Singh maintains IQVIA Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IQV#NYSE">IQV</a>) with a Buy and lowers the price target from $265 to $261.

Truist Securities Maintains Buy on IQVIA Hldgs, Lowers Price Target to $261

Wall Street faced a murky morning on Thursday as fresh data revealed a jump in wholesale prices alongside a sharp rise in jobless claims. These conflicting signals rattled investors, casting doubt on the trajectory of the economy and the Federal <a href="https://www.benzinga.com/topic/interest-rates">Reserve&#8217;s interest rate strategy.</a>
The S&amp;P 500 index – as tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) – fell by 0.2%, while the tech-heavy Nasdaq 100 – tracked by the Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) – dropped 0.4%. Small caps fared worse, with the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) shedding 0.9%. 
Meanwhile, the U.S. dollar index – as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UUP#NYSE">UUP</a>) – strengthened after an initial dip.
<h3 class="wp-block-heading">Wholesale Inflation Soars: PPI Hits 3%, Highest Since February 2023</h3>
The Producer Price Index (PPI) surged to 3% year-over-year in November, the steepest increase since February 2023. This marked a jump from October&#8217;s revised 2.6% and exceeded economists&#8217; forecasts of 2.6%. On a monthly basis, PPI rose 0.4%, doubling market expectations.
Core PPI inflation, which strips out volatile food and energy prices, climbed 0.2% for the month (meeting estimates) and hit 3.4% annually.
These numbers come on the heels of November's Consumer Price Index (CPI) report, which showed a 2.7% year-over-year increase, as expected.
Six out of the last seven PPI inflation reports have been revised higher, as The Kobeissi Letter highlighted on social media X 
"CPI, PPI, and PCE inflation are all officially back on the rise in the United States. What is happening here?"
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">BREAKING: The US Bureau of Labor Statistics has revised October PPI inflation HIGHER, from 2.4% to 2.6%. Also, Core PPI inflation for October has been revised HIGHER from 3.1% to 3.4%. This means that 6 out of the last 7 PPI inflation reports have now been revised higher. With… <a href="https://t.co/hOiCV1Cy8u">pic.twitter.com/hOiCV1Cy8u</a>
&mdash; The Kobeissi Letter (@KobeissiLetter) <a href="https://twitter.com/KobeissiLetter/status/1867202075102204303?ref_src=twsrc%5Etfw">December 12, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<h3 class="wp-block-heading">Jobless Claims Climb</h3>
Adding to the turbulence, initial jobless claims jumped by 17,000 last week to 242,000, smashing expectations of 220,000. This marks the sharpest increase since October. Continuing claims, which measure people still receiving unemployment benefits, climbed to 1.886 million, nearing the three-year high of 1.908 million recorded last month.
Jobless claims rose significantly in states like California, up by 14,800, Texas, up by 9,500, and New York, up by 9,200.
This outcome may challenge the idea that the U.S. labor market remains tight. 
As highlighted by Nick Timiraos, chief economics correspondent at the Wall Street Journal, continuing claims for unemployment insurance are now running slightly above levels seen in 2018-2019.
<h3 class="wp-block-heading">Economist Reactions: What&#8217;s Next For The Fed? </h3>
&#8220;Look for these numbers to fuel something I&#8217;ve been posting about for a while: the likelihood of relatively sticky inflation, and, associated with that, the choice that the Fed will face in its policy deliberation on the &#8220;last mile&#8221; to its inflation target of 2%," economist Mohamed El Erian wrote on X. 
Clark Bellin, president of Bellwether Wealth, said, "While Thursday&#8217;s PPI was stronger-than-expected, we believe the Federal Reserve will still proceed with its expected 25 basis-point rate cut in December."
Yet, persistent inflation and a weakening labor market may limit the Fed&#8217;s flexibility in 2025. "The trajectory for interest rates remains uncertain," Bellin added.
Bank of America&#8217;s economist Stephen Juneau offered a more tempered view, stating: "We expect core PCE to rise by 0.1% m/m in November, with risk of rounding up to 0.2%. This would leave the y/y rate at 2.8%."
&#8220;This would be welcome news for the Fed after core PCE rose by 0.3% m/m in October and September,&#8221; he added. 
Bank of America expects the Fed to cut in December and then two more times next year in March and June for a terminal of 3.75%-4.00%.
Read Next: 
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<li><a href="https://www.benzinga.com/24/12/42464081/trump-wins-time-person-of-year-rings-nyse-opening-bell-highlights-growth-ahead-the-economy-i-believe-is-going-to-be-very-strong">Trump Rings NYSE Opening Bell, Says Economy &#8216;Is Going To Be Very Strong&#8217;</a></li>
</ul>
Photo: Shutterstock

Macro Economic Events

Broad U.S. Equity ETFs

Econ #s

Economics

Federal Reserve

ETFs

PowerShares DB US Dollar Index Bullish Fund

Stocks Fall As Producer Inflation Spikes, Jobless Claims Jump: 'What Is Happening Here?'

CIEN

Ciena Sees Q1 Revenue $1.01B-$1.09B Vs $999.2M Est.; Adjusted Gross Margin In The Low 40s Range, And Adjusted Operating Expense Of ~$350M

JP Morgan analyst Andrea Teixeira initiated coverage on Celsius Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>)<a target="_blank" href="https://www.benzinga.com/quote/CELH/analyst-ratings" rel="noreferrer noopener"> with an Overweight rating and a price forecast of $37.</a>
Celsius Holdings ranks as the 3rd largest energy drink brand in the U.S., aligning with key consumer trends like health, wellness, and zero sugar. Despite a slowdown in the U.S. energy drink market, Teixeira sees the company&#8217;s strong growth prospects in these sectors will continue to drive top-tier growth.
According to the analyst, Celsius stands out in the energy drink market with broader appeal, attracting higher-income and female consumers. Its premium, &#8216;better-for-you&#8217; positioning and fruit-forward flavors make it more accessible to younger, white-collar workers, in contrast to brands like Monster Beverage Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNST#NASDAQ">MNST</a>) or Red Bull.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/12/42464081/trump-wins-time-person-of-year-rings-nyse-opening-bell-highlights-growth-ahead-the-economy-i-believe-is-going-to-be-very-strong" rel="noreferrer noopener">Trump Rings NYSE Opening Bell, Says Economy &#8216;Is Going To Be Very Strong&#8217;</a>
The Vibe line, with bolder flavors, adds to its unique appeal. Unlike other emerging brands that faded, Celsius maintains staying power due to its distinct identity and differentiation, Teixeira writes.
Long-term, Celsius is positioned to benefit from key consumer trends, driving market share gains both in the U.S. and internationally.
As the category recovers and consumers increasingly choose functional beverages, Celsius&#8217; valuation discount may narrow compared to other fast-growing consumer brands.
The analyst suggests that Celsius&#8217; current 10% share of the U.S. market could see a 10-29% increase in equity value, assuming Monster&#8217;s U.S. market share drives 60-70% of its valuation.
This estimate, however, doesn&#8217;t account for further market share growth, international expansion, entry into new categories, or margin improvements, Teixeira adds.
The analyst projects the company to report adjusted earnings per share of $0.70 in FY24 and $0.96 in FY25.
Price Action: CELH shares are trading higher by 5.38% to $31.36 at last check Thursday.
Read Next:
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<li><a href="https://www.benzinga.com/general/politics/24/11/41783357/how-did-s-p-500-sectors-perform-during-trumps-first-term-could-this-time-be-different" target="_blank" rel="noreferrer noopener">How Did S&amp;P 500 Stock Sectors Perform During Trump&#8217;s First Term? Could This Time Be Different?</a></li>
</ul>
Photo via Shutterstock.

Initiation

CELH

MNST

Celsius' 'Better-For-You' Edge Could Unlock Equity Upside, Says JP Morgan Analyst

Needham analyst Serge Belanger reiterates Trevi Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRVI#NASDAQ">TRVI</a>) with a Buy and maintains $8 price target.

TRVI

Needham Reiterates Buy on Trevi Therapeutics, Maintains $8 Price Target

Truist Securities analyst Joel Fishbein maintains ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) with a Hold and raises the price target from $900 to $1100.

Truist Securities Maintains Hold on ServiceNow, Raises Price Target to $1100

Truist Securities analyst Joel Fishbein maintains Dynatrace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DT#NYSE">DT</a>) with a Buy and raises the price target from $60 to $70.

Truist Securities Maintains Buy on Dynatrace, Raises Price Target to $70

HC Wainwright &amp; Co. analyst Joseph Pantginis reiterates Esperion Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESPR#NASDAQ">ESPR</a>) with a Buy and maintains $16 price target.

ESPR

HC Wainwright & Co. Reiterates Buy on Esperion Therapeutics, Maintains $16 Price Target

Truist Securities analyst Joel Fishbein maintains Datadog (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) with a Buy and raises the price target from $155 to $170.

DDOG

Truist Securities Maintains Buy on Datadog, Raises Price Target to $170

MSFT

Live On CNBC, Jim Labenthal Announces Trimmed Microsoft Position

Whales with a lot of money to spend have taken a noticeably bearish stance on Expedia Group.
Looking at options history for Expedia Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>) we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $191,383 and 4, calls, for a total amount of $129,111.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $175.0 to $202.5 for Expedia Group over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Expedia Group'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 Expedia Group's whale trades within a strike price range from $175.0 to $202.5 in the last 30 days. 
<h3>Expedia Group Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734023833_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>EXPE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$17.75</td>
<td>$17.75</td>
<td>$17.8</td>
<td>$195.00</td>
<td>$64.0K</td>
<td>1</td>
<td align="right">36</td>
</tr>
<tr>
<td>EXPE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/31/25</td>
<td>$10.1</td>
<td>$7.0</td>
<td>$7.5</td>
<td>$187.50</td>
<td>$58.5K</td>
<td>0</td>
<td align="right">78</td>
</tr>
<tr>
<td>EXPE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$13.2</td>
<td>$13.15</td>
<td>$13.2</td>
<td>$200.00</td>
<td>$42.2K</td>
<td>2.6K</td>
<td align="right">32</td>
</tr>
<tr>
<td>EXPE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$10.5</td>
<td>$10.45</td>
<td>$10.5</td>
<td>$180.00</td>
<td>$37.8K</td>
<td>470</td>
<td align="right">36</td>
</tr>
<tr>
<td>EXPE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$4.65</td>
<td>$3.55</td>
<td>$3.55</td>
<td>$200.00</td>
<td>$32.6K</td>
<td>731</td>
<td align="right">92</td>
</tr>
</tbody>
</table>

<h3>About Expedia Group</h3>
Expedia is the world's second-largest online travel agency by bookings, offering services for lodging (80% of total 2023 sales), air tickets (3%), rental cars, cruises, in-destination, and other (11%), and advertising revenue (6%). Expedia operates a number of branded travel booking sites, but its three core online travel agency brands are Expedia, Hotels.com, and Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.
Having examined the options trading patterns of Expedia Group, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Expedia Group</h3>
<ul>
<li>With a trading volume of 294,978, the price of EXPE is down by -0.94%, reaching $188.5.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 56 days from now.</li>
</ul>
<h3>What The Experts Say On Expedia Group</h3>
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $198.33333333333334.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Morgan Stanley continues to hold a Equal-Weight rating for Expedia Group, targeting a price of $180. 
&#x2A; In a cautious move, an analyst from Baird downgraded its rating to Outperform, setting a price target of $225. 
&#x2A; Maintaining their stance, an analyst from DA Davidson continues to hold a Neutral rating for Expedia Group, targeting a price of $190. 
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 Expedia Group with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

EXPE

Market Whales and Their Recent Bets on EXPE Options

Investors with a lot of money to spend have taken a bullish stance on Bitdeer Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTDR#NASDAQ">BTDR</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BTDR, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 21 uncommon options trades for Bitdeer Technologies.
This isn't normal.
The overall sentiment of these big-money traders is split between 47% bullish and 33%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $73,280, and 19 are calls, for a total amount of $1,819,763.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $12.5 and $30.0 for Bitdeer Technologies, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Bitdeer Technologies stands at 2244.27, with a total volume reaching 9,883.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Bitdeer Technologies, situated within the strike price corridor from $12.5 to $30.0, throughout the last 30 days.
<h3>Bitdeer Technologies Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734023828_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BTDR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$7.4</td>
<td>$7.0</td>
<td>$7.2</td>
<td>$20.00</td>
<td>$378.7K</td>
<td>8.8K</td>
<td>1.9K</td>
</tr>
<tr>
<td>BTDR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$6.0</td>
<td>$5.9</td>
<td>$6.0</td>
<td>$20.00</td>
<td>$300.0K</td>
<td>8.8K</td>
<td>505</td>
</tr>
<tr>
<td>BTDR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$1.15</td>
<td>$0.9</td>
<td>$0.9</td>
<td>$30.00</td>
<td>$188.5K</td>
<td>468</td>
<td>2.7K</td>
</tr>
<tr>
<td>BTDR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$6.3</td>
<td>$5.9</td>
<td>$6.0</td>
<td>$22.50</td>
<td>$174.0K</td>
<td>1.9K</td>
<td>464</td>
</tr>
<tr>
<td>BTDR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$6.0</td>
<td>$5.9</td>
<td>$5.9</td>
<td>$22.50</td>
<td>$106.8K</td>
<td>1.9K</td>
<td>376</td>
</tr>
</tbody>
</table>

<h3>About Bitdeer Technologies</h3>
Bitdeer Technologies Group is principally engaged in provision of digital asset mining services. Its majority business segments are: proprietary mining, cloud hash rate sharing and cloud hosting. The company operates five proprietary mining datacenters in the United States and Norway.
<h3>Current Position of Bitdeer Technologies</h3>
<ul>
<li>With a trading volume of 10,550,176, the price of BTDR is up by 18.15%, reaching $23.55.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 105 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Bitdeer Technologies</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $19.4.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Northland Capital Markets has decided to maintain their Outperform rating on Bitdeer Technologies, which currently sits at a price target of $14. 
&#x2A; An analyst from Rosenblatt persists with their Buy rating on Bitdeer Technologies, maintaining a target price of $22. 
&#x2A; Consistent in their evaluation, an analyst from HC Wainwright &amp; Co. keeps a Buy rating on Bitdeer Technologies with a target price of $18. 
&#x2A; Reflecting concerns, an analyst from Needham lowers its rating to Buy with a new price target of $14. 
&#x2A; An analyst from Benchmark persists with their Buy rating on Bitdeer Technologies, maintaining a target price of $29. 
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 Bitdeer Technologies with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

BTDR

Smart Money Is Betting Big In BTDR Options

Financial giants have made a conspicuous bearish move on Fortinet. Our analysis of options history for Fortinet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) revealed 8 unusual trades.
Delving into the details, we found 37% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $154,235, and 5 were calls, valued at $280,621.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $75.0 to $105.0 for Fortinet over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Fortinet's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Fortinet's substantial trades, within a strike price spectrum from $75.0 to $105.0 over the preceding 30 days.
<h3>Fortinet 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734023823_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$25.9</td>
<td>$25.0</td>
<td>$25.0</td>
<td>$97.50</td>
<td>$127.5K</td>
<td>0</td>
<td align="right">51</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$1.48</td>
<td>$1.47</td>
<td>$1.47</td>
<td>$105.00</td>
<td>$73.5K</td>
<td>2.5K</td>
<td align="right">686</td>
</tr>
<tr>
<td>FTNT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$5.4</td>
<td>$5.35</td>
<td>$5.4</td>
<td>$95.00</td>
<td>$62.1K</td>
<td>152</td>
<td align="right">115</td>
</tr>
<tr>
<td>FTNT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$4.05</td>
<td>$3.85</td>
<td>$3.9</td>
<td>$77.50</td>
<td>$58.6K</td>
<td>1.3K</td>
<td align="right">512</td>
</tr>
<tr>
<td>FTNT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$6.35</td>
<td>$6.2</td>
<td>$6.2</td>
<td>$97.50</td>
<td>$33.4K</td>
<td>104</td>
<td align="right">436</td>
</tr>
</tbody>
</table>

<h3>About Fortinet</h3>
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 700,000 customers across the world.
After a thorough review of the options trading surrounding Fortinet, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Fortinet</h3>
<ul>
<li>With a volume of 1,061,058, the price of FTNT is up 0.17% at $98.21. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 54 days.</li>
</ul>
<h3>Professional Analyst Ratings for Fortinet</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $101.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Baird has decided to maintain their Outperform rating on Fortinet, which currently sits at a price target of $100. 
&#x2A; Maintaining their stance, an analyst from TD Cowen continues to hold a Buy rating for Fortinet, targeting a price of $105. 
&#x2A; An analyst from Wedbush has decided to maintain their Outperform rating on Fortinet, which currently sits at a price target of $105. 
&#x2A; Maintaining their stance, an analyst from Scotiabank continues to hold a Sector Outperform rating for Fortinet, targeting a price of $110. 
&#x2A; Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on Fortinet with a target price of $85. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Fortinet, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

FTNT

Fortinet Unusual Options Activity

Buybacks

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SNES

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Seth Berkowitz, 43, wasn't always the CEO of a $200 million cookie <a href="https://www.benzinga.com/startups/24/11/42254765/they-said-it-sounded-like-a-bar-how-tiffany-mastersons-quirky-idea-turned-into-a-845-million-skincare-empire">empire</a>. There was a time when he questioned if his late-night bakery business, Insomnia Cookies, would survive.&nbsp;
Exhausted and alone on the road at 2 a.m., peddling dough to his scattered storefronts, he wondered if it was time to throw in the towel. That was until his wife, Rebecca, gave him the pep talk to turn his despair into determination.
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Today, Insomnia Cookies is a cult favorite with more than 260 locations worldwide, known for delivering warm, gooey cookies right to your door. But back in 2010, Berkowitz's business was on life support.&nbsp;
According to documents reviewed by CNBC Make It, Insomnia brought in over $200 million last year. However, the road to success was anything but easy.
Berkowitz launched Insomnia Cookies in 2002 from his dorm room at the University of Pennsylvania. The idea was simple but genius: cater to students' midnight snack cravings with freshly baked cookies delivered to their doorsteps. The concept quickly gained a following, but scaling the business was a different story altogether.&nbsp;
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Profitability remained elusive for nearly a decade and the 2008 financial crisis didn't help. Small <a href="https://www.benzinga.com/startups/24/10/41191588/selling-a-business-for-3-7-billion-was-a-mistake-for-46-year-old-he-recounts-it-as-his-saddest-day-o">businesses </a>across the U.S. were closing at alarming rates, with data from the Bureau of Labor Statistics showing that 65% of startups fail within their first 10 years. Berkowitz was determined not to become part of that statistic.
This meant Berkowitz was the CEO, delivery guy, equipment repairman and dough transporter. "I'm literally peddling cookies throughout the country at like 2 o'clock in the morning," he recalls. Weekly trips to Syracuse, New York and Philadelphia became his norm. The long hours and endless responsibilities were brutal.
It all came to a head during a three-hour drive from Chicago's O'Hare Airport to a store in Champaign, Illinois. The desolate highway reflected Berkowitz's mood as he called Rebecca, questioning whether he had what it took to keep Insomnia Cookies alive. "How did I get here?" he asked her.
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Rebecca's response was as sweet as the cookies they sold. "You believe in this. You've always believed in this. People love what you sell and I believe in you," she said. Those words changed everything. "She kind of flipped me back to being a believer," Berkowitz says.
With renewed resolve, Berkowitz simplified the business model. Gone were the vending trucks and licensing experiments; instead, he doubled down on brick-and-mortar stores with fast delivery. The strategy clicked. By 2012, Insomnia was funding new stores with its profits, a major turning point.
According to SEC filings, Krispy Kreme acquired a 74.5% stake in Insomnia Cookies in 2018 for approximately $139.5 million. "It's a perseverance story," says Berkowitz, reflecting on how Insomnia Cookies overcame its toughest days to build the brand's success.
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Startups

'I'm Literally Peddling Cookies At 2 A.M.' – How This CEO Turned $200M Revenue From A College Side Hustle Gone South

Truist Securities analyst Joel Fishbein maintains Atlassian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEAM#NASDAQ">TEAM</a>) with a Hold and raises the price target from $200 to $250.

TEAM

Truist Securities Maintains Hold on Atlassian, Raises Price Target to $250

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EEFT

Needham Reiterates Buy on Euronet Worldwide, Maintains $120 Price Target

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