Innovator U.S. Equity Accelerated Plus ETF - October (BATS: XTOC)

Innovator U.S. Equity Accelerated Plus ETF - October (BATS:XTOC), Quote.Headers.trade-ideas

The Fund invests at least 80 percent of its net assets in a portfolio of Flexible Exchange Options that references the SPDR S&P 500 ETF Trust, an exchange-traded fund registered under the Investment Company Act of 1940. The Underlying ETF seeks to track the investment results of the S&P 500 Index, a large-cap, market-weighted, U.S. equities index that tracks the performance of 500 leading companies in leading industries. To the extent the Underlying ETF concentrates i.e., holds 25 percent or more of its total assets in the securities of a particular industry or group of industries, the Fund will concentrate its investments to approximately the same extent. Through its use of FLEX Options on the Underlying ETF, the Fund has significant exposure to information technology companies.

Innovator US Equity Accelerated Plus ETF - October

Innovator U.S. Equity Accelerated Plus ETF - October

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

News

Price Target

Analyst Ratings

TMUS

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

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

TSX:RCI

TSX:RCI.B

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

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

BNTX

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

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$240.00</td>
<td>$36.3K</td>
<td>8.4K</td>
<td>63.5K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$6.00</td>
<td>$99.5K</td>
<td>2.3K</td>
<td>17.4K</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$30.00</td>
<td>$36.4K</td>
<td>35.1K</td>
<td>7.4K</td>
</tr>
<tr>
<td>DASH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$145.00</td>
<td>$67.5K</td>
<td>1.0K</td>
<td>205</td>
</tr>
<tr>
<td>CAVA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$125.00</td>
<td>$35.3K</td>
<td>1.5K</td>
<td>152</td>
</tr>
<tr>
<td>DHI</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$190.00</td>
<td>$39.0K</td>
<td>260</td>
<td>146</td>
</tr>
<tr>
<td>CHWY</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$20.00</td>
<td>$120.0K</td>
<td>4.2K</td>
<td>104</td>
</tr>
<tr>
<td>DRI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$150.00</td>
<td>$242.2K</td>
<td>96</td>
<td>101</td>
</tr>
<tr>
<td>HD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$365.00</td>
<td>$32.7K</td>
<td>612</td>
<td>72</td>
</tr>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$180.00</td>
<td>$27.5K</td>
<td>67</td>
<td>21</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 166 contract(s) at a $240.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $36.3K, with a price of $219.0 per contract. There were 8451 open contracts at this strike prior to today, and today 63555 contract(s) were bought and sold. 
• For NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we notice a call option sweep that happens to be bullish, expiring in 210 day(s) on April 17, 2025. This event was a transfer of 1005 contract(s) at a $6.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $99.5K, with a price of $99.0 per contract. There were 2329 open contracts at this strike prior to today, and today 17419 contract(s) were bought and sold. 
• For JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we notice a call option sweep that happens to be neutral, expiring in 92 day(s) on December 20, 2024. This event was a transfer of 200 contract(s) at a $30.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $36.4K, with a price of $182.0 per contract. There were 35114 open contracts at this strike prior to today, and today 7420 contract(s) were bought and sold. 
• Regarding DASH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>), we observe a call option sweep with bearish sentiment. It expires in 120 day(s) on January 17, 2025. Parties traded 75 contract(s) at a $145.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $67.5K, with a price of $900.0 per contract. There were 1006 open contracts at this strike prior to today, and today 205 contract(s) were bought and sold. 
• Regarding CAVA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>), we observe a call option sweep with bullish sentiment. It expires in 29 day(s) on October 18, 2024. Parties traded 52 contract(s) at a $125.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $35.3K, with a price of $680.0 per contract. There were 1565 open contracts at this strike prior to today, and today 152 contract(s) were bought and sold. 
• For DHI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>), we notice a put option trade that happens to be neutral, expiring in 29 day(s) on October 18, 2024. This event was a transfer of 100 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $39.0K, with a price of $390.0 per contract. There were 260 open contracts at this strike prior to today, and today 146 contract(s) were bought and sold. 
• Regarding CHWY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>), we observe a call option trade with neutral sentiment. It expires in 120 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $120.0K, with a price of $1200.0 per contract. There were 4219 open contracts at this strike prior to today, and today 104 contract(s) were bought and sold. 
• For DRI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>), we notice a call option sweep that happens to be bullish, expiring in 29 day(s) on October 18, 2024. This event was a transfer of 100 contract(s) at a $150.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $242.2K, with a price of $2430.0 per contract. There were 96 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold. 
• For HD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>), we notice a call option trade that happens to be bearish, expiring in 57 day(s) on November 15, 2024. This event was a transfer of 10 contract(s) at a $365.00 strike. The total cost received by the writing party (or parties) was $32.7K, with a price of $3275.0 per contract. There were 612 open contracts at this strike prior to today, and today 72 contract(s) were bought and sold. 
• For CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we notice a put option trade that happens to be bearish, expiring in 57 day(s) on November 15, 2024. This event was a transfer of 11 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $2505.0 per contract. There were 67 open contracts at this strike prior to today, and today 21 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

CAVA

CHWY

CVNA

DASH

TSLA

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

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PYPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$80.00</td>
<td>$34.7K</td>
<td>20.6K</td>
<td>6.1K</td>
</tr>
<tr>
<td>ABR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$16.00</td>
<td>$80.0K</td>
<td>3.9K</td>
<td>4.1K</td>
</tr>
<tr>
<td>SCHW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$62.50</td>
<td>$27.7K</td>
<td>8.4K</td>
<td>3.1K</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$64.00</td>
<td>$69.5K</td>
<td>109</td>
<td>1.4K</td>
</tr>
<tr>
<td>SQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$70.00</td>
<td>$31.4K</td>
<td>2.7K</td>
<td>1.1K</td>
</tr>
<tr>
<td>VLY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$110.0K</td>
<td>785</td>
<td>1.0K</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$190.00</td>
<td>$61.9K</td>
<td>745</td>
<td>867</td>
</tr>
<tr>
<td>FUTU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$90.00</td>
<td>$72.9K</td>
<td>32</td>
<td>503</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$220.00</td>
<td>$57.6K</td>
<td>535</td>
<td>245</td>
</tr>
<tr>
<td>FI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$145.00</td>
<td>$72.4K</td>
<td>1.3K</td>
<td>228</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding PYPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), we observe a call option sweep with bearish sentiment. It expires in 120 day(s) on January 17, 2025. Parties traded 61 contract(s) at a $80.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $34.7K, with a price of $570.0 per contract. There were 20661 open contracts at this strike prior to today, and today 6183 contract(s) were bought and sold. 
• Regarding ABR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABR#NYSE">ABR</a>), we observe a call option trade with bullish sentiment. It expires in 29 day(s) on October 18, 2024. Parties traded 4000 contract(s) at a $16.00 strike. The total cost received by the writing party (or parties) was $80.0K, with a price of $20.0 per contract. There were 3995 open contracts at this strike prior to today, and today 4128 contract(s) were bought and sold. 
• For SCHW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>), we notice a put option sweep that happens to be bearish, expiring in 29 day(s) on October 18, 2024. This event was a transfer of 165 contract(s) at a $62.50 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $168.0 per contract. There were 8421 open contracts at this strike prior to today, and today 3131 contract(s) were bought and sold. 
• Regarding C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we observe a call option sweep with bullish sentiment. It expires in 22 day(s) on October 11, 2024. Parties traded 781 contract(s) at a $64.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $69.5K, with a price of $89.0 per contract. There were 109 open contracts at this strike prior to today, and today 1409 contract(s) were bought and sold. 
• Regarding SQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>), we observe a call option sweep with bullish sentiment. It expires in 29 day(s) on October 18, 2024. Parties traded 109 contract(s) at a $70.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $31.4K, with a price of $288.0 per contract. There were 2785 open contracts at this strike prior to today, and today 1179 contract(s) were bought and sold. 
• For VLY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLY#NASDAQ">VLY</a>), we notice a put option trade that happens to be bearish, expiring in 120 day(s) on January 17, 2025. This event was a transfer of 1000 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $110.0K, with a price of $110.0 per contract. There were 785 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a call option trade that happens to be bearish, expiring in 29 day(s) on October 18, 2024. This event was a transfer of 96 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $61.9K, with a price of $645.0 per contract. There were 745 open contracts at this strike prior to today, and today 867 contract(s) were bought and sold. 
• Regarding FUTU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>), we observe a call option trade with bearish sentiment. It expires in 155 day(s) on February 21, 2025. Parties traded 300 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $72.9K, with a price of $243.0 per contract. There were 32 open contracts at this strike prior to today, and today 503 contract(s) were bought and sold. 
• Regarding JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we observe a put option sweep with neutral sentiment. It expires in 92 day(s) on December 20, 2024. Parties traded 40 contract(s) at a $220.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $57.6K, with a price of $1450.0 per contract. There were 535 open contracts at this strike prior to today, and today 245 contract(s) were bought and sold. 
• For FI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>), we notice a call option sweep that happens to be bearish, expiring in 120 day(s) on January 17, 2025. This event was a transfer of 20 contract(s) at a $145.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $72.4K, with a price of $3620.0 per contract. There were 1372 open contracts at this strike prior to today, and today 228 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

COIN

FUTU

PYPL

SCHW

10 Financials Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$120.00</td>
<td>$26.1K</td>
<td>161.7K</td>
<td>187.7K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$21.00</td>
<td>$30.8K</td>
<td>104.0K</td>
<td>89.1K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$227.50</td>
<td>$60.0K</td>
<td>25.7K</td>
<td>59.0K</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$157.50</td>
<td>$27.2K</td>
<td>2.0K</td>
<td>20.4K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$150.00</td>
<td>$63.2K</td>
<td>39.4K</td>
<td>18.9K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$170.00</td>
<td>$31.6K</td>
<td>13.7K</td>
<td>12.6K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$455.00</td>
<td>$32.7K</td>
<td>5.5K</td>
<td>10.5K</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$262.50</td>
<td>$50.0K</td>
<td>5.1K</td>
<td>5.9K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$440.00</td>
<td>$45.6K</td>
<td>1.7K</td>
<td>4.8K</td>
</tr>
<tr>
<td>IBM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$250.00</td>
<td>$169.4K</td>
<td>48.5K</td>
<td>2.4K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 238 contract(s) at a $120.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $110.0 per contract. There were 161784 open contracts at this strike prior to today, and today 187734 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 641 contract(s) at a $21.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $48.0 per contract. There were 104002 open contracts at this strike prior to today, and today 89110 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 216 contract(s) at a $227.50 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $60.0K, with a price of $278.0 per contract. There were 25714 open contracts at this strike prior to today, and today 59016 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a put option trade with bearish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $157.50 strike. The total cost received by the writing party (or parties) was $27.2K, with a price of $136.0 per contract. There were 2000 open contracts at this strike prior to today, and today 20478 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a call option sweep that happens to be neutral, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 372 contract(s) at a $150.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $63.2K, with a price of $170.0 per contract. There were 39439 open contracts at this strike prior to today, and today 18984 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 211 contract(s) at a $170.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $31.6K, with a price of $150.0 per contract. There were 13715 open contracts at this strike prior to today, and today 12663 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option sweep that happens to be bullish, expiring in 29 day(s) on October 18, 2024. This event was a transfer of 84 contract(s) at a $455.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $32.7K, with a price of $390.0 per contract. There were 5584 open contracts at this strike prior to today, and today 10547 contract(s) were bought and sold. 
• For CRM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on September 20, 2024. This event was a transfer of 78 contract(s) at a $262.50 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $50.0K, with a price of $618.0 per contract. There were 5172 open contracts at this strike prior to today, and today 5903 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on September 20, 2024. Parties traded 60 contract(s) at a $440.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.6K, with a price of $760.0 per contract. There were 1759 open contracts at this strike prior to today, and today 4870 contract(s) were bought and sold. 
• Regarding IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>), we observe a call option sweep with bullish sentiment. It expires in 120 day(s) on January 17, 2025. Parties traded 892 contract(s) at a $250.00 strike. This particular call needed to be split into 70 different trades to become filled. The total cost received by the writing party (or parties) was $169.4K, with a price of $190.0 per contract. There were 48567 open contracts at this strike prior to today, and today 2417 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AAPL

AVGO

INTC

MSFT

MSTR

NVDA

SMCI

10 Information Technology Stocks Whale Activity In Today's Session

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

CRWD

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

One day after the Fed's decision to lower interest rates by 0.5%, with the plan to lower 1% more before the end of the year, what the charts might do over the coming weeks into the election has all changed.
The moves up in the markets we're seeing suggests that short positions have been forced to leave the market. From my reckoning, this suggests that we have a pullback ahead into a choppy range.
And I have the trade to profit from that right here…
Today, we will use $SMCI to set up a trade with a short iron condor.&nbsp; 
The premise is the following – we will sell a short call spread and a short put spread for a credit which pays us first but holds margin in our account while the position loses value. When we sell spreads, we are anticipating that we can buy them back cheaper for a profit.
Trade structure – the short iron condor
<ul>
<li>Sell to open 1 SMCI 15 Nov 500 calls</li>
<li>Buy to open 1 SMCI 15 Nov 520 calls</li>
<li>Sell to open 1 SMCI 15 Nov 360 puts</li>
<li>Buy to open 1 SMCI 15 Nov 340 puts</li>
</ul>
The credit we can collect here is $10.60.
Different to a long position, the short position has a risk event that is calculated in the following way:
<ol>
<li>The distance between the two call spreads: $500 &#8211; $520 = $20.</li>
<li>The distance between the two put spreads (also $20 here) but you can design them anyway you like. This defines the total risk.</li>
<li>We collect a credit that lowers this risk: $20 &#8211; $10.60 = $9.40, which defines the total risk we accept if the stock tests and holds either of the long strikes in question.</li>
<li>The breakeven prices are as follows: $510.60 on the call side ($500 + $10.60) and $349.40 on the put side ($360 &#8211; $10.60).</li>
<li>The goal will be to collect 50% of the collected about or we sell the position with about 18 days before expiration if the stock begins to move around near the edges.</li>
</ol>
The strategy result provides three choices to exit the trade.
<ol>
<li>To sell the position once the 50% profit is achieved (or whatever profit you deem acceptable).</li>
<li>To buy back the short iron condor spread once it hits your loss threshold as determined by personal risk. This will happen with extreme movement.</li>
<li>To buy back the short iron condor with 18-21 days before expiration. If all is going well and you have decided to hold the trade into closer to the end of expiration, consider at least taking some of the position off as risks tend to rise the closer we are to expiration. I have had many a trade go sideways taking it down to the wire and not capturing gains, so I do not advise doing this.</li>
</ol>
<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9spmirebz43&amp;utm_source=RD-0919">If You Want More Trade Profitable Ideas, Get 3 New Stocks To Trade Every Sunday and Never Run Out Of Ideas</a>
Image Via Shutterstock

Opinion

Trading Ideas

The Perfect Trade After The Fed Cut Interest Rates

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

BLDR

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

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

TSX:BCE

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

IDs in Wallet provides an easy, secure, and private way for residents to present their IDs with iPhone and Apple&nbsp;Watch
<a href="https://www.apple.com/newsroom/2024/09/apple-brings-california-drivers-licenses-and-state-ids-to-apple-wallet/" title="https://www.apple.com/newsroom/2024/09/apple-brings-california-drivers-licenses-and-state-ids-to-apple-wallet/">https://www.apple.com/newsroom/2024/09/apple-brings-california-drivers-licenses-and-state-ids-to-apple-wallet/</a>

Apple introduces California driver's licenses and state IDs in Apple Wallet as part of California DMV's mDL pilot program

Jade City on Thursday unveiled a new white paper outlining its vision to democratize access to the global $50 billion jade market through the launch of its <a href="https://www.benzinga.com/content/39835765/rwa-tokenization-is-the-1-crypto-trend-of-2024">real-world asset (RWA) tokenization platform</a>.
What Happened: The initiative seeks to provide broader access to a market that has historically been limited to a select few, using blockchain technology to bring transparency and security to the jade value chain.
Jade City's platform will allow investors to participate in the jade market by acquiring its native Jade City Token (CRYPTO: JCT), a digital asset that enables token holders to benefit from the value generated through the purchase, processing, and sale of jade.
The platform's unique business model includes a "buy and burn" mechanism, which will funnel profits from jade sales back to $JCT holders, ensuring long-term value growth.
A key feature of the platform is its jade-backed bond issuance system, which allows users to earn interest by staking stablecoins. 
These bonds are tied to physical jade, providing investors with exposure to an asset class that has seen rising demand, particularly in China, where the jade jewelry market has grown tenfold since the early 2000s, surpassing the diamond market in size.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40942247/microstrategys-bitcoin-playbook-is-becoming-a-hit-among-companies-but-theres-a-catch">MicroStrategy&#8217;s Bitcoin Playbook Is Becoming A Hit Among Companies, But There&#8217;s A Catch</a>
"Our white paper offers a comprehensive account of how we will democratize access to the $50 billion-plus jade market for investors who have never had access before," said William Ralston-Saul, CEO of Jade City. "Jade is uniquely positioned to show how real-world asset tokenization can revolutionize an ancient market, making it accessible and lucrative for anyone who wishes to participate."
By partnering with the owners of the world's largest jadeite mine, Jade City has secured substantial holdings in jadeite, a sought-after gemstone in the global market. 
Additionally, the company has established key sales channels with major distributors in China, positioning itself to become a leading player in the jade industry.
What&#8217;s Next: The upcoming Benzinga <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19 is expected to feature discussions on similar RWA tokenization projects and their potential impact on traditional markets.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40937057/bitcoin-ethereum-etfs-see-over-50m-net-outflows-despite-feds-50-bps-rate-cut">Bitcoin, Ethereum ETFs See Over $50M Net Outflows Despite Fed&#8217;s 50 Bps Rate Cut</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

Jade City To Democratize Access To $50B Jade Market With Tokenization Platform

<a href="https://www.youtube.com/watch?v=uxd8kAq8Uxw" title="https://www.youtube.com/watch?v=uxd8kAq8Uxw">https://www.youtube.com/watch?v=uxd8kAq8Uxw</a>

Macro Economic Events

Politics

Economics

Federal Reserve

General

President Biden Says It Would Do Enormous Damage To Economy If Federal Reserve Lost Its Independence; I "Never Once" Spoke To Fed Chair Since Taking Office

B of A Securities analyst Rafe Jadrosich maintains Toll Brothers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) with a Buy and raises the price target from $160 to $165.

B of A Securities Maintains Buy on Toll Brothers, Raises Price Target to $165

Hawaiian Electric Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HE#NYSE">HE</a>) shares are trading lower on Thursday. Hawaiian Electric entered into an Equity Distribution Agreement to issue common shares of up to $<a target="_blank" href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0000354707/f4d7e872-593c-481c-8ea0-7a7f8b2462bd.pdf" rel="noreferrer noopener">250 </a>million.
The company is issuing shares through several agents Wells Fargo Securities, LLC, Barclays Capital Inc., and Guggenheim Securities, LLC. via an &#8220;at the market offering.&#8221;
The agents will follow the company&#8217;s instructions and receive up to 1% commission on gross sales proceeds, with customary indemnification provided.
Last month, Hawaiian Electric and its subsidiary reached an agreement in principle to settle tort-related claims from the Maui windstorm and wildfires <a target="_blank" href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0000354707/ad1155b1-5839-4cff-827d-e447c24d4630.pdf" rel="noreferrer noopener">litigation </a>for $1.91 billion.
This amount, reduced by a $75 million credit, will be paid in four annual installments starting in mid-2025.
The settlement is pending final documentation and court approval.
HEI previously accrued a $1.71 billion loss for these liabilities, which may be adjusted as the settlement process evolves.
Apart from this, Hawaiian Electric and PAR Hawaii Refining extended their Petroleum Fuels Supply Agreement <a target="_blank" href="https://d18rn0p25nwr6d.cloudfront.net/CIK-0000354707/debe7995-891c-4bdc-b05f-183504b795dd.pdf" rel="noreferrer noopener">through </a>January 31, 2029, with automatic one-year renewals unless terminated with 120 days&#8217; notice.
Price Action: HE shares are trading lower by 10.1% at $10.84 at the last check Thursday.
Image via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/06/39276863/aes-kuihelani-facility-biggest-solar-plant-in-hawaii-flips-the-switch-on-clean-energy" target="_blank" rel="noreferrer noopener">AES&#8217; Kuihelani Facility: Biggest Solar Plant In Hawaii Flips the Switch on Clean Energy</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Offerings

Small Cap

Movers

What's Going On With Hawaiian Electric Shares On Thursday?

B of A Securities analyst Rafe Jadrosich maintains Smith Douglas Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SDHC#NYSE">SDHC</a>) with a Neutral and raises the price target from $36 to $40.

SDHC

B of A Securities Maintains Neutral on Smith Douglas Homes, Raises Price Target to $40

Alliance Global Partners initiates coverage on Global Medical REIT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GMRE#NYSE">GMRE</a>) with a Buy rating and announces Price Target of $12.

Initiation

GMRE

Alliance Global Partners Initiates Coverage On Global Medical REIT with Buy Rating, Announces Price Target of $12

WIIM

ADNT

ORLY

Shares of auto-related stocks are trading higher following the Fed's policy decision to cut rates by 50 basis points, which could stimulate spending and enhance credit affordability.

B of A Securities analyst Rafe Jadrosich maintains PulteGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>) with a Buy and raises the price target from $138 to $160.

B of A Securities Maintains Buy on PulteGroup, Raises Price Target to $160

B of A Securities analyst Rafe Jadrosich maintains Lennar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) with a Neutral and raises the price target from $171 to $190.

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

Innovator U.S. Equity Accelerated Plus ETF - October

Overview

Innovator U.S. Equity Accelerated Plus ETF - October (BATS:XTOC), Quote.Headers.trade-ideas