Latest news for Adastria (OTC:ACOLF) Stock

Adastria Co Ltd is a manufacturer and retailer of clothing, bags, shoes, kitchen goods, furniture, and accessories with over a thousand stores in Asia. Its many retail brands span from targeting teenagers to middle-aged adults and from high-priced to mass-market goods. Its biggest brands include Lepsim, studio CLIP, niko and, Global Work, Heather, Jeanasis, Rageblue, and Lowrys Farm. The vast majority of Adastria's revenue and store locations are in Japan. Other Asian markets include Hong Kong, China, Taiwan, South Korea, and Singapore.

Adastria Co Ltd

Morgan Stanley analyst John Glass maintains Brinker International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>) with a Underweight and raises the price target from $42 to $50.

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Morgan Stanley Maintains Underweight on Brinker International, Raises Price Target to $50

Cantor Fitzgerald analyst C J Muse maintains Seagate Tech Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) with a Neutral and raises the price target from $100 to $120.

Cantor Fitzgerald Maintains Neutral on Seagate Tech Hldgs, Raises Price Target to $120

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Biden Campaign To Resume Advertising Suspended Following Trump Assassination Attempt

Cantor Fitzgerald analyst C J Muse maintains Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) with a Neutral and raises the price target from $190 to $215.

QCOM

Cantor Fitzgerald Maintains Neutral on Qualcomm, Raises Price Target to $215

Former President Donald Trump has selected Senator J.D. Vance (R-Ohio) to be his running mate in the<a href="https://www.benzinga.com/general/politics/24/07/39780777/trump-picks-senator-j-d-vance-as-running-mate-musk-says-great-choice-for-vp"> 2024 presidential election.</a>
The Senator has grown in popularity in the Republican Party in recent years, but many across the nation may be unfamiliar with his history. Here's a look at five things you might not know about the vice-presidential candidate.
"Hillbilly Elegy" Author: Vance is the author of the 2016 memoir "Hillbilly Elegy," which was also turned into a movie that Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) had the distribution rights to and <a href="https://www.benzinga.com/topic/streaming-stocks">now streams on their platform.</a>
The book, which is <a href="https://www.amazon.com/Hillbilly-Elegy-Memoir-Family-Culture/dp/0062300547">called </a>&#8220;A Memoir of a Family and Culture in Crisis,&#8221; went on to be a New York Times Bestseller.
Vance's book tells the story of his upbringing in rural Kentucky and later in blue collar Ohio.
"From a former marine and Yale Law School graduate, a powerful account of growing up in a poor Rust Belt town that offers a broader, probing look at the struggles of America's white working class," a description of the book reads.
The movie adaptation of the book starred Glenn Close, Amy Adams and Gabriel Basso, who portrayed Vance. Close was nominated for an Academy Award for Supporting Actress. The film also received an Academy Award nomination for Best Makeup &amp; Hairstyling.
Read Also: <a href="https://www.benzinga.com/news/24/07/39784888/aoc-mocks-trump-vp-choice-j-d-vance-for-tweet-connecting-fertility-rate-with-daylight-saving-time">AOC Mocks Trump VP Choice J.D. Vance For Tweet Connecting Fertility Rate With Daylight Saving Time</a>
Rise at Young Age: The memoir helped Vance gain popularity and later led to a political shift. Vance won a Senate seat in the 2022 election, defeating Democrat Tim Ryan. A Senator since 2023, Vance's selection as the running mate for Trump came with some questions about his age and experience.
Vance will turn 40 in August. If Trump and Vance win the election, the senator will become the youngest vice president since Richard Nixon, who served two terms under President Dwight Eisenhower beginning in 1953.
The Senator would become the third-youngest vice president in American history if Trump wins. Nixon (40) and John Breckenridge (36) would be the only vice presidents younger than Vance.
Born in 1984, Vance is officially the first Millennial to be nominated as a vice-presidential candidate for a major party in a presidential race.  
Venture Capitalist: Before his career in politics, Vance was a venture capitalist and has investment experience in the technology sector and connections to several notable venture capitalists.
Vance was<a href="https://www.benzinga.com/news/24/07/39787707/peter-thiels-ties-with-jd-vance-may-influence-palantir-co-founders-position-on-trump-post-vp-selecti"> a former principal</a> at Peter Thiel's Mithril Capital in 2016 and 2017. He later left Mithril to work at Revolution LLC in 2017, an investment firm founded by AOL founder Steve Case.
In 2019, Vance co-founded Narya Capital, a venture capital fund. The fund received <a href="https://techcrunch.com/2024/07/15/trumps-vp-candidate-j-d-vance-has-long-ties-to-silicon-valley-and-was-a-vc-himself/">backing </a>from Theil, Eric Schmidt and Marc Andreessen.
One of <a href="https://www.benzinga.com/news/24/07/39782144/rumble-stock-rallied-on-monday-heres-what-happened">Narya Capital's investments</a> is in Rumble Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>), a video sharing platform.
Vance was also an <a href="https://x.com/danprimack/status/1812938120381538544">investor </a>in AppHarvest, an indoor faming startup that went public in 2021 via SPAC merger. Vance previously served on the company's board of directors before stepping down in 2021 months after the merger was completed. AppHarvest filed for Chapter 11 bankruptcy in 2023.
Quiver Quant <a href="https://x.com/QuiverQuant/status/1812937994728358057">lists </a>other investments for Vance and his companies as Anduril Technologies, Kriya Therapies and Atmos Nuclear and Space.
Data from Quiver Quant shows that Vance also has investments in several ETFs. Vance's top holdings are the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and SPDR Dow Jones Industrial Average ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>).
Bitcoin Holder: Along with his investments in private companies and through his past venture capital days, Vance is also an investor in cryptocurrency. A <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39785340/trumps-vice-presidential-pick-j-d-vance-holds-bitcoin-supports-pro-crypto-legislation">previous financial disclosure</a> showed Vance owned $100,0000 to $250,000 in Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
Along with being a Bitcoin holder, Vance has also been a vocal proponent of the cryptocurrency sector. Vance has been critical of SEC Chairman Gary Gensler's handling of the cryptocurrency sector. The senator is also working on a bill that would work on regulating the cryptocurrency sector.
A February 2022 <a href="https://x.com/JDVance1/status/1493575391457517568">tweet </a>from Vance criticized the ability to freeze bank accounts in Canada.
"This is why crypto is taking off. The regime will cut off your access to banking if you have the wrong politics," Vance tweeted.
The selection of Vance comes as Trump has <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38952866/trump-accepts-cryptocurrency-donations-in-bitcoin-ethereum-shiba-inu-dogecoin-and-more-say">changed his tune</a> about cryptocurrency and has the sector rallying behind him. Analyst Todd Gordon said Bitcoin<a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39786797/bitcoin-could-hit-100k-this-year-with-trump-jd-vances-pro-crypto-presidential-ticket-says-"> could pass $100,000</a> with the pro-crypto ticket of Trump and Vance winning the 2024 election.
Past Criticism of Trump: Before becoming a firm supporter of Trump and his vice-presidential pick, Vance was a critic of the former president. Vance once called Trump a "cynical a&#x2A;&#x2A;hole" and compared him to Adolf Hitler in a private conversation. In public, Vance called Trump "reprehensible" and worried about his political ideology.
"Trump makes people I care about afraid. Immigrants, Muslims, etc. Because of this I find him reprehensible. God wants better of us," Vance said in a since-deleted tweet, as <a href="https://www.washingtonpost.com/elections/2024/07/15/jd-vance-trump-criticism/">reported </a>by The Washington Post.
Vance said he was a "Never Trump guy."
The senator has brushed off the past criticism of Trump in recent <a href="https://www.foxnews.com/media/jd-vance-addresses-past-criticism-trump-after-hes-chosen-vp-bought-medias-lies-distortions">interviews</a>.
"I was certainly skeptical of Donald Trump in 2016, but President Trump was a great president, and he changed my mind," Vance said.
Vance said he "bought into the media's lies and distortions."
"I bought into this idea that somehow he was going to be so different, a terrible threat to democracy. It was a joke."
Vance credited Trump's endorsement in the 2022 election as helping to get him elected to the Senate.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/05/38780518/potential-trump-vp-contender-jd-vance-ready-to-accept-2024-election-results-as-long-as-they-are-free">Potential Trump VP Contender JD Vance Ready To Accept 2024 Election Results As Long As They Are &#8216;Free And Fair&#8217;</a></li>
</ul>
Photo: Consolidated News Photos/Shutterstock.com

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

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SPDR Dow Jones Industrial Average ETF Trust

NFLX

5 Things You Might Not Know About J.D. Vance: 'Hillbilly Elegy' Author, Bitcoin Holder, First Millennial VP Pick And More

Morgan Stanley analyst John Glass maintains Texas Roadhouse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXRH#NASDAQ">TXRH</a>) with a Equal-Weight and raises the price target from $155 to $162.

TXRH

Morgan Stanley Maintains Equal-Weight on Texas Roadhouse, Raises Price Target to $162

Goldman Sachs analyst Richard Ramsden reiterated a Buy rating on Bank Of America Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) with a price target of $45.
Bank of America reports fiscal 2024 <a target="_blank" href="https://www.benzinga.com/news/earnings/24/07/39790011/bank-of-americas-q2-earnings-revenue-and-eps-beat-1-5b-credit-loss-provision-sees-q4-nii-growth" rel="noreferrer noopener">second-quarter net income</a> of $6.9 billion, beating estimates. Revenue increases 0.8% year over year to $25.5 billion, surpassing expectations.
Bank of America anticipates net interest income of ~$14.50 billion in the fourth quarter.
Ramsden noted the results as slightly better than expectations, given a core Pre-provision Net Revenue&nbsp;(PPNR) of $9.2 billion beat the Street and Goldman Sachs estimate by 2% and 5% on better fees, slightly lower Net Interest Income&nbsp;(NII), and better operating efficiency, with the core Return on Average Tangible Common Shareholders&#8217; Equity&nbsp;(ROTCE) of 13.5%, 25bps above/65bps above the Street and Goldman Sachs estimate.
Ramsden expects the focus to be on the NII outlook from here, after the company guided to $14.5 billion of fiscal fourth-quarter NII (vs. the Street at $14.4 billion), driven by fixed asset repricing, and the Bloomberg Short Term Bank Yield Index&nbsp;(BSBY)&nbsp; reference rate cessation benefit, although the analyst noted that this guidance bakes in 3 Fed Funds rate cuts from September-December.
Ramsden sought further clarity on the 2025 NII outlook, the efficiency outlook for 2024, the trajectory of capital markets revenue in 2024, updates to capital returns, and the pace and magnitude of credit normalization.
Ramsden expects the market to look past the weaker NII this quarter and consider the better fiscal fourth-quarter exit run rate.
The analyst projected fiscal 2024 revenue and EPS of $101.91 billion and $3.13.
Price Action: BAC shares are trading higher by 5.16% at $44.05 at the last check Tuesday.
Photo via Shutterstock

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Equities

Reiteration

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Bank of America's Growth Boosted by Strong Fees and Operating Efficiency: Goldman Sachs Analyst

Cantor Fitzgerald analyst C J Muse maintains NXP Semiconductors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>) with a Overweight and raises the price target from $325 to $350.

NXPI

Cantor Fitzgerald Maintains Overweight on NXP Semiconductors, Raises Price Target to $350

Morgan Stanley analyst John Glass maintains Wingstop (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WING#NASDAQ">WING</a>) with a Equal-Weight and raises the price target from $390 to $400.

WING

Morgan Stanley Maintains Equal-Weight on Wingstop, Raises Price Target to $400

<a href="https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/12037603" title="https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/12037603">https://ppubs.uspto.gov/dirsearch-public/print/downloadPdf/12037603</a>

ONVO

Organovo Granted U.S. Patent #12037603: Methods for tissue fabrication

Morgan Stanley analyst Brian Harbour maintains Cava Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) with a Overweight and raises the price target from $85 to $90.

CAVA

Morgan Stanley Maintains Overweight on Cava Group, Raises Price Target to $90

Morgan Stanley analyst John Glass maintains Wendy's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEN#NASDAQ">WEN</a>) with a Equal-Weight and lowers the price target from $20 to $19.

Morgan Stanley Maintains Equal-Weight on Wendy's, Lowers Price Target to $19

Workhorse Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKHS#NASDAQ">WKHS</a>) shares are moving higher on Tuesday. The electric vehicle company was awarded a Sourcewell contract for<a href="https://www.benzinga.com/news/24/07/39791796/workhorse-secures-sourcewell-contract-for-zero-emission-commercial-vehicles-financial-terms-not-disc"> zero-emission vehicles</a>. 
The Details: Workhorse was awarded the Sourcewell contract for procurement in the category of Class 4-8 chassis and cabs with related equipment, accessories, and services.
The contract allows Workhorse to expand its reach to government, educational, and nonprofit sectors within the United States and Canada. Sourcewell is a government agency which streamlines procurement by combining the purchasing power of many entities. The process does meet the public bidding requirements. 
Separately, the company is set to be one of the presenters at the Gateway Conference which will take place in San Francisco in early September.
See Also: <a href="https://www.benzinga.com/markets/equities/24/07/39796336/whats-going-on-with-totalenergies-shares-today">What&#8217;s Going On With TotalEnergies Shares Today?</a>
WKHS Price Action: Workhorse Group shares are trading up 23.9% at $2.04, according to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: 5710164 from Pixabay.

Movers

WKHS

What's Going On With Workhorse Group Stock Tuesday

Morgan Stanley analyst John Glass maintains Sysco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>) with a Equal-Weight and lowers the price target from $82 to $81.

Morgan Stanley Maintains Equal-Weight on Sysco, Lowers Price Target to $81

WIIM

Workhorse Group shares are trading higher after the company was awarded a Sourcewell contract for procurement in the category of Class 4-8 chassis and cabs with related equipment, accessories, and services.

Cantor Fitzgerald analyst C J Muse maintains Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) with a Neutral and raises the price target from $1100 to $1200.

LRCX

Cantor Fitzgerald Maintains Neutral on Lam Research, Raises Price Target to $1200

Investors with a lot of money to spend have taken a bullish stance on Pan American Silver (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAAS#NYSE">PAAS</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 PAAS, 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 12 uncommon options trades for Pan American Silver.
This isn't normal.
The overall sentiment of these big-money traders is split between 58% bullish and 25%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $187,360, and 9 are calls, for a total amount of $439,905.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $10.0 to $25.0 for Pan American Silver during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Pan American Silver'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 Pan American Silver's whale activity within a strike price range from $10.0 to $25.0 in the last 30 days. 
<h3>Pan American Silver Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721147480_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</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>PAAS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$1.9</td>
<td>$1.8</td>
<td>$1.85</td>
<td>$25.00</td>
<td>$138.1K</td>
<td>7.0K</td>
<td>175</td>
</tr>
<tr>
<td>PAAS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$1.2</td>
<td>$0.8</td>
<td>$0.9</td>
<td>$21.00</td>
<td>$98.8K</td>
<td>426</td>
<td>0</td>
</tr>
<tr>
<td>PAAS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$7.1</td>
<td>$7.0</td>
<td>$7.1</td>
<td>$17.00</td>
<td>$63.9K</td>
<td>839</td>
<td>100</td>
</tr>
<tr>
<td>PAAS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$1.95</td>
<td>$1.85</td>
<td>$1.9</td>
<td>$25.00</td>
<td>$48.4K</td>
<td>7.0K</td>
<td>1.0K</td>
</tr>
<tr>
<td>PAAS</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$1.0</td>
<td>$0.9</td>
<td>$0.95</td>
<td>$21.00</td>
<td>$45.4K</td>
<td>426</td>
<td>1.0K</td>
</tr>
</tbody>
</table>

<h3>About Pan American Silver</h3>
Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. The company's principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.
Following our analysis of the options activities associated with Pan American Silver, we pivot to a closer look at the company's own performance.
<h3>Pan American Silver's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 3,346,977, the PAAS's price is up by 3.81%, now at $24.09. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 22 days.</li>
</ul>
<h3>What Analysts Are Saying About Pan American Silver</h3>
A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $28.5.
<ul>
<li>Maintaining their stance, an analyst from Jefferies continues to hold a Hold rating for Pan American Silver, targeting a price of $22. </li>
<li>Maintaining their stance, an analyst from CIBC continues to hold a Outperformer rating for Pan American Silver, targeting a price of $35. </li>
</ul>
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 Pan American Silver, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

PAAS

This Is What Whales Are Betting On Pan American Silver

Investors with a lot of money to spend have taken a bullish stance on Newmont (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</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 NEM, 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 18 uncommon options trades for Newmont.
This isn't normal.
The overall sentiment of these big-money traders is split between 55% bullish and 33%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $129,422, and 15 are calls, for a total amount of $749,158.
<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 $20.0 and $60.0 for Newmont, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Newmont's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Newmont's significant trades, within a strike price range of $20.0 to $60.0, over the past month.
<h3>Newmont Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721147475_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 style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NEM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$6.2</td>
<td>$6.1</td>
<td>$6.1</td>
<td>$45.00</td>
<td>$132.3K</td>
<td>9.4K</td>
<td style="text-align: right;">38</td>
</tr>
<tr>
<td>NEM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$9.6</td>
<td>$9.4</td>
<td>$9.51</td>
<td>$40.00</td>
<td>$113.1K</td>
<td>14.2K</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>NEM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.4</td>
<td>$3.35</td>
<td>$3.4</td>
<td>$52.50</td>
<td>$67.9K</td>
<td>11.7K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>NEM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$3.95</td>
<td>$3.85</td>
<td>$3.85</td>
<td>$45.00</td>
<td>$55.8K</td>
<td>316</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>NEM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$8.55</td>
<td>$8.45</td>
<td>$8.5</td>
<td>$40.00</td>
<td>$55.2K</td>
<td>2.1K</td>
<td style="text-align: right;">4</td>
</tr>
</tbody>
</table>

<h3>About Newmont</h3>
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 6.9 million ounces of gold in 2024. However, after buying Newcrest, Newmont is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.
In light of the recent options history for Newmont, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Newmont's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 2,727,346, the NEM's price is up by 2.25%, now at $48.41. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 8 days.</li>
</ul>
<h3>Expert Opinions on Newmont</h3>
A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $53.75.
<ul>
<li>In a positive move, an analyst from CIBC has upgraded their rating to Outperformer and adjusted the price target to $61. </li>
<li>Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on Newmont with a target price of $50. </li>
<li>An analyst from UBS upgraded its action to Buy with a price target of $50. </li>
<li>Consistent in their evaluation, an analyst from Jefferies keeps a Buy rating on Newmont with a target price of $54. </li>
</ul>
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 Newmont options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Spotlight on Newmont: Analyzing the Surge in Options Activity

Investors with a lot of money to spend have taken a bearish stance on Upstart Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</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 UPST, 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 22 uncommon options trades for Upstart Hldgs.
This isn't normal.
The overall sentiment of these big-money traders is split between 27% bullish and 45%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $202,413, and 18 are calls, for a total amount of $795,669.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $15.0 and $50.0 for Upstart Hldgs, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Upstart Hldgs options trades today is 1244.87 with a total volume of 3,823.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Upstart Hldgs's big money trades within a strike price range of $15.0 to $50.0 over the last 30 days.
<h3>Upstart Hldgs Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721147469_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>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>UPST</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$2.71</td>
<td>$2.55</td>
<td>$2.55</td>
<td>$35.00</td>
<td>$238.8K</td>
<td>2.0K</td>
<td>48</td>
</tr>
<tr>
<td>UPST</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/02/24</td>
<td>$1.3</td>
<td>$1.26</td>
<td>$1.26</td>
<td>$28.00</td>
<td>$89.3K</td>
<td>208</td>
<td>0</td>
</tr>
<tr>
<td>UPST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$18.5</td>
<td>$17.7</td>
<td>$17.7</td>
<td>$17.50</td>
<td>$60.1K</td>
<td>115</td>
<td>0</td>
</tr>
<tr>
<td>UPST</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/09/24</td>
<td>$11.45</td>
<td>$10.7</td>
<td>$11.06</td>
<td>$40.00</td>
<td>$44.7K</td>
<td>0</td>
<td>60</td>
</tr>
<tr>
<td>UPST</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/02/24</td>
<td>$1.4</td>
<td>$1.35</td>
<td>$1.35</td>
<td>$28.00</td>
<td>$43.1K</td>
<td>208</td>
<td>2.2K</td>
</tr>
</tbody>
</table>

<h3>About Upstart Hldgs</h3>
Upstart Holdings Inc provides credit services. The company provides a proprietary, cloud-based, artificial intelligence lending platform. The platform aggregates consumer demand for loans and connects it to the network of Upstart AI-enabled bank partners. Upstart's platform includes personal loans, automotive retail and refinance loans, home equity lines of credit and small dollar loans.
<h3>Present Market Standing of Upstart Hldgs</h3>
<ul>
<li>With a volume of 4,773,843, the price of UPST is up 2.08% at $30.58. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 21 days.</li>
</ul>
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 Upstart Hldgs, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

UPST

Unpacking the Latest Options Trading Trends in Upstart Hldgs

Morgan Stanley analyst John Glass maintains Restaurant Brands Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) with a Equal-Weight and lowers the price target from $86 to $83.