Brookfield BRP Holdings (Canada) Inc. 4.625% Perpetual Subordinated Notes Stock (NYSE: BEPH)

Latest news for Brookfield BRP Holdings (Canada) Inc. 4.625% Perpetual Subordinated Notes (NYSE:BEPH) Stock

Brookfield BRP Holdings (Canada) Inc. 4.625% Perpetual Subordinated Notes

WIIM

CABO

CHTR

CMCSA

Shares of telecom stocks are trading lower in sympathy with Verizon Communications after the company reported worse-than-expected Q2 revenue results.

Oppenheimer analyst Kristen Owen maintains Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) with a Outperform and lowers the price target from $465 to $448.

News

Price Target

Analyst Ratings

Oppenheimer Maintains Outperform on Deere, Lowers Price Target to $448

Shares of Lennar Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) declined in premarket trading on Monday, just weeks after the company announced plans to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39693554/why-this-lennar-analyst-is-no-longer-bearish-after-6b-spinoff-plan">spin off its land assets</a>.
Although the company is poised to benefit from its greater exposure to entry level and first-time buyers as the Federal Reserve cuts interest rates, this is already reflected in the stock valuation, according to Goldman Sachs.
The Lennar Analyst: Susan Maklari downgraded the rating for Lennar from Buy to Neutral, while reducing the price target from $180 to $174.
The Lennar Thesis: Following the recent outperformance, the stock may remain range bound in the near term, Maklari said in the downgrade note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Lennar's exposure to entry level is likely to result in margin expansion, the analyst stated. She explained that Lennar is focusing on adding affordable supply to the market, targeting first-time buyers, and shifting to a manufacturing-based strategy, which boosts efficiency.
"As rates move lower, easing financial incentives, we believe profitability could expand, supporting earnings and greater cash generation," Maklari wrote.
Lennar's proposed spinoff of owned land for $6 billion to $8 billion "could drive a re-rating of LEN over time, as the market assesses the company's new profile if and when the spin is completed, as well as decisions around capital allocation, notably shareholder returns," she added.
LEN Price Action: Shares of Lennar had declined by 1.5% to $168.39 at last check on Monday.
Now Read: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39879895/if-youre-a-lawyer-for-crowdstrike-youre-probably-not-going-to-enjoy-the-rest-of-your-summer-say-dan">&#8216;If You&#8217;re A Lawyer For Crowdstrike, You&#8217;re Probably Not Going To Enjoy The Rest Of Your Summer&#8217;</a></li>
</ul>
Image: Shutterstock

Analyst Color

Downgrades

Movers

Trading Ideas

Why This Lennar Analyst Is No Longer Bullish Despite Potential Rate Cut Benefits

RBC Capital analyst Scott Heleniak maintains Selective Insurance Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIGI#NASDAQ">SIGI</a>) with a Sector Perform and lowers the price target from $103 to $96.

SIGI

RBC Capital Maintains Sector Perform on Selective Insurance Gr, Lowers Price Target to $96

JP Morgan analyst Ryan Brinkman maintains Aptiv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APTV#NYSE">APTV</a>) with a Overweight and lowers the price target from $113 to $104.

APTV

JP Morgan Maintains Overweight on Aptiv, Lowers Price Target to $104

President Joe Biden has announced that<a href="https://twitter.com/JoeBiden/status/1815080881981190320"> he will not seek reelection in 2024</a>. In a letter posted on his official X account, Biden expressed his belief that stepping down is in the best interest of his party and the country.
&#8220;It has been the greatest honor of my life to serve as your President&#8230; I believe it is in the best interest of my party and the country for me to stand down,&#8221; he wrote. Biden has <a href="https://twitter.com/JoeBiden/status/1815087772216303933">endorsed Vice </a><a href="https://twitter.com/JoeBiden/status/1815087772216303933">President Kamala Harris</a> for the Democratic presidential nomination, leading to potential shifts in the political landscape and regulatory environment.
<h3 class="wp-block-heading">Impact on VanEck&#8217;s Solana ETF Proposal</h3>
So, what does this mean for the future of cryptocurrency? Matthew Sigel, head of digital assets research at VanEck, recently confirmed that the firm's proposal for a Solana spot ETF is <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39598039/vanecks-solana-etf-proposal-dependent-on-trumps-presidential-win-matthew-sigel-confirms">contingent on the outcome of the 2024 presidential elections</a>. The application deadline for the ETF is set for March 2025. Sigel stated, &#8220;Can confirm,&#8221; indicating the importance of the election results for the proposal&#8217;s success.
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/events/digital-assets/"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/21145238/905735A6-57D3-4874-9AA1-75D037842DB3-1-13.gif" alt="" class="wp-image-447438" style="width:322px;height:auto" /></a></figure>
Analysts suggest that the ETF&#8217;s approval chances would increase if a Republican administration, like former president Donald Trump, replaced the current leadership, potentially appointing a new SEC chair. Current SEC Chair Gary Gensler has been critical of various crypto regulations, which has drawn significant attention from the industry.
<h3 class="wp-block-heading">Regulatory Challenges and Market Reactions</h3>
The likelihood of VanEck's Solana ETF approval is closely tied to potential changes in SEC leadership. Gensler has been vocal against parts of the FIT21 Crypto Bill, which he believes could create regulatory gaps. This stance has faced criticism from the crypto community, including from <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38814794/billionaire-shark-mark-cuban-warns-the-secs-anti-crypto-stance-could-cost-biden-the-electi">renowned investor Mark Cuban</a>. The regulatory environment remains a critical factor in the approval process for such ETFs.
Following VanEck's ETF filing, <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39528468/vaneck-files-solana-etf-application-sol-rallies-6">Solana's price surged by 6%</a>. The asset has seen a significant increase in value, outpacing both Bitcoin and Ethereum over a recent seven-day period. Another firm, 21Shares, also announced a<a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39555344/21shares-becomes-the-next-fund-filing-for-a-solana-spot-etf"> similar ETF application</a>, further contributing to the upward trend in Solana's price.
<h3 class="wp-block-heading">Benzinga's Future of Digital Assets Event in Focus</h3>
These developments will be a major point of discussion at <a href="https://www.benzinga.com/events/digital-assets/">Benzinga's Future of Digital Assets </a>event in November, which will occur after the election results. The event, set to take place in New York City, will gather digital asset innovators and industry leaders to explore the future of money. 
With over 1,000 capital markets leaders expected to attend, the event promises extensive networking opportunities and in-depth discussions on the evolution of alternative assets.
President Biden&#8217;s decision not to run for reelection and his endorsement of Harris introduce new dynamics in the regulatory outlook for cryptocurrency ETFs. As the industry anticipates potential shifts in SEC leadership, the upcoming Benzinga's Future of Digital Assets event will offer valuable opportunities to understand and navigate these changes. The event will be crucial for those looking to stay informed and connected in the rapidly evolving digital assets space.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39884149/michelle-obama-for-democratic-nominee-crypto-bettors-think-her-odds-have-just-tripled">Michelle Obama For Democratic Nominee? Crypto Bettors Think Her Odds Have Just Tripled</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

Politics

Markets

Biden Withdraws From 2024 Race: What That Means For Solana ETF Prospects

President Joe Biden's announcement not to seek reelection has caused ripple effects in betting markets and <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39866311/biden-inspired-boden-meme-coin-keeps-plummeting-but-harris-newsom-coins-surge-on-nominee-s">PoliFi meme coins.</a>
What Happened: Polymarket trader &#8216;AnonBidenBull&#8217; lost $2 million betting on the President to become the Democratic nominee for the 2024 election, winning the Presidential election and the popular vote.
<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">&#39;AnonBidenBull&#39; just lost $2,000,000. <a href="https://t.co/MGAoUKOx0K">pic.twitter.com/MGAoUKOx0K</a>
&mdash; Polymarket (@Polymarket) <a href="https://twitter.com/Polymarket/status/1815115526043017727?ref_src=twsrc%5Etfw">July 21, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
On the other hand, popular Polymarket trader &#8216;Domer&#8217; <a href="https://x.com/Domahhhh/status/1815089259449344193">reported</a> a profit of around $800,000 on betting Joe Biden to drop out of the race.
Yet another <a href="https://x.com/Polymarket/status/1815121331773440393">trader</a> wagered $12,500 on Kamala Harris to become the 2024 Democratic nominee, seeing their position&#8217;s value skyrocket by over 6,000% to nearly $769,000. Polymarket currently estimates Harris&#8217; odds at 79%.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39880291/president-bidens-exit-followed-nearly-80m-in-wagers-on-crypto-prediction-market-polymarket">President Biden&#8217;s Exit Followed Nearly $80M In Wagers On Crypto Prediction Market Polymarket</a>
Why It Matters: These incidents underscore the inherent risks associated with prediction markets like Polymarket, where outcomes are highly dependent on unpredictable political events. The recent surge in activity on Polymarket, particularly from crypto traders, indicates a growing interest in these markets, despite the risks.
Crypto trader Toby <a href="https://x.com/clippedtoby/status/1815090179666788481">tweeted</a> the story of a trader who switched his $8 million investment from Jupiter (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">JUP</a>) to Biden-themed meme coin Jeo Boden (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BODEN</a>) at the latter's peak. Later he sold $12,500 worth of shares but held on to the rest. Currently, he is down 98% on the bet, turning the initial $8 million into $85,000. "Rich people can also be incredibly stupid," the trader commented on the example.
<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">Reminder: Rich people can also be incredibly stupid. This trader TWAP&#39;d out of $8m worth of <a href="https://twitter.com/search?q=%24JUP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$JUP</a> for <a href="https://twitter.com/search?q=%24BODEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BODEN</a> at the pico top of Boden. He then sold $12.5k worth (0.5% of total) but bagheld the rest to now, where he is down near to 98%. His $8m is now worth about $85k at… <a href="https://t.co/w4jAvInuBB">pic.twitter.com/w4jAvInuBB</a>
&mdash; toby (@clippedtoby) <a href="https://twitter.com/clippedtoby/status/1815090179666788481?ref_src=twsrc%5Etfw">July 21, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Another trader <a href="https://x.com/trading_vapor/status/1815355930881425530">highlighted</a> this downtrend as "the very reason why you don&#8217;t want to hold memes that are too specific or tied to a particular." He suggested that unique and universal memes are a better option.
What&#8217;s Next: The influence of meme coins is expected to be thoroughly explored at Benzinga&#8217;s upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a> event on Nov. 19.
Read Next: 
<ul>
<li><a style="font-weight: bold;" href="https://www.benzinga.com/markets/cryptocurrency/24/07/39875286/bidens-odds-of-finishing-term-drop-sharply-on-crypto-prediction-market-coin-themed-after-p">Biden&#8217;s Odds Of Finishing Term Drop Sharply On Crypto Prediction Market, Coin Themed After President Bleeds 60%</a></li>
</ul>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image created using artificial intelligence with Midjourney.

$BODEN

$JUP

Meet The Traders Who Lost $2M And $8M Betting On Biden And The 'Jeo Boden' Meme Coin

Oppenheimer analyst Jed Kelly maintains Booking Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>) with a Outperform and raises the price target from $4200 to $4600.

BKNG

Oppenheimer Maintains Outperform on Booking Holdings, Raises Price Target to $4600

SAVA

Cassava Sciences shares are trading higher after the company announced its first Phase 3 trial is expected to conclude by December and its second Phase 3 trial is expected to conclude by June 2025.

RBC Capital analyst Scott Heleniak reiterates Travelers Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) with a Sector Perform and maintains $225 price target.

Reiteration

RBC Capital Reiterates Sector Perform on Travelers Companies, Maintains $225 Price Target

Nu Holdings shares are trading lower after JP Morgan downgraded the stock from Overweight to Neutral but raised its price target from $12 to $14.5.

JP Morgan analyst Ryan Brinkman maintains Adient (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADNT#NYSE">ADNT</a>) with a Neutral and lowers the price target from $32 to $31.

ADNT

JP Morgan Maintains Neutral on Adient, Lowers Price Target to $31

Oppenheimer analyst Ken Wong maintains HubSpot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>) with a Outperform and lowers the price target from $725 to $625.

HUBS

Oppenheimer Maintains Outperform on HubSpot, Lowers Price Target to $625

AMAT

ASML

KLAC

LRCX

QCOM

Shares of semiconductor stocks are trading higher as the sector rebounds after falling last week. Chip stocks fell last week amid possible profit taking and concerns over new China restrictions. Investors may also be weighing Biden's exit from the 2024 presidential race.

Oppenheimer analyst Ken Wong maintains BILL Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BILL#NYSE">BILL</a>) with a Outperform and lowers the price target from $95 to $70.

BILL

Oppenheimer Maintains Outperform on BILL Holdings, Lowers Price Target to $70

RBC Capital analyst Matthew Hedberg maintains CrowdStrike Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) with a Outperform and lowers the price target from $420 to $380.

CRWD

RBC Capital Maintains Outperform on CrowdStrike Holdings, Lowers Price Target to $380

Oppenheimer analyst Kristen Owen maintains AGCO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) with a Outperform and lowers the price target from $133 to $132.

AGCO

Oppenheimer Maintains Outperform on AGCO, Lowers Price Target to $132

JP Morgan analyst Doug Anmuth initiates coverage on Webtoon Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBTN#NASDAQ">WBTN</a>) with a Neutral rating and announces Price Target of $23.

Initiation

WBTN

JP Morgan Initiates Coverage On Webtoon Entertainment with Neutral Rating, Announces Price Target of $23

Financial giants have made a conspicuous bearish move on Exxon Mobil. Our analysis of options history for Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) revealed 10 unusual trades.
Delving into the details, we found 0% of traders were bullish, while 90% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $512,752, and 3 were calls, valued at $119,195.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $100.0 to $120.0 for Exxon Mobil during the past quarter. 
<h3>Volume &amp; Open Interest Development</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 Exxon Mobil'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 Exxon Mobil's whale trades within a strike price range from $100.0 to $120.0 in the last 30 days. 
<h3>Exxon Mobil Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721657795_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 style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>XOM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$5.0</td>
<td>$4.8</td>
<td>$5.0</td>
<td>$120.00</td>
<td>$124.5K</td>
<td>560</td>
<td style="text-align: right;">109</td>
</tr>
<tr>
<td>XOM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$3.85</td>
<td>$3.8</td>
<td>$3.84</td>
<td>$115.00</td>
<td>$115.4K</td>
<td>9.8K</td>
<td style="text-align: right;">704</td>
</tr>
<tr>
<td>XOM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$3.8</td>
<td>$3.8</td>
<td>$3.8</td>
<td>$115.00</td>
<td>$114.0K</td>
<td>9.8K</td>
<td style="text-align: right;">304</td>
</tr>
<tr>
<td>XOM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$4.9</td>
<td>$4.75</td>
<td>$4.9</td>
<td>$120.00</td>
<td>$49.0K</td>
<td>560</td>
<td style="text-align: right;">9</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$15.55</td>
<td>$15.3</td>
<td>$15.3</td>
<td>$100.00</td>
<td>$47.4K</td>
<td>2.3K</td>
<td style="text-align: right;">10</td>
</tr>
</tbody>
</table>

<h3>About Exxon Mobil</h3>
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one the world's largest refiners with a total global refining capacity of 4.5 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.
Having examined the options trading patterns of Exxon Mobil, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Exxon Mobil Standing Right Now?</h3>
<ul>
<li>With a trading volume of 1,546,638, the price of XOM is down by -1.21%, reaching $114.67.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 11 days from now.</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 Exxon Mobil options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Spotlight on Exxon Mobil: Analyzing the Surge in Options Activity

Whales with a lot of money to spend have taken a noticeably bullish stance on Apple.
Looking at options history for Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) we detected 27 trades.
If we consider the specifics of each trade, it is accurate to state that 48% of the investors opened trades with bullish expectations and 33% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $84,061 and 24, calls, for a total amount of $1,897,054.
<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 $150.0 and $230.0 for Apple, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</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 Apple'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 Apple's whale activity within a strike price range from $150.0 to $230.0 in the last 30 days. 
<h3>Apple Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721657790_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>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$5.25</td>
<td>$5.15</td>
<td>$5.2</td>
<td>$230.00</td>
<td>$260.0K</td>
<td>48.6K</td>
<td>839</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$5.5</td>
<td>$5.4</td>
<td>$5.45</td>
<td>$230.00</td>
<td>$246.8K</td>
<td>48.6K</td>
<td>2.3K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$72.6</td>
<td>$71.9</td>
<td>$72.19</td>
<td>$160.00</td>
<td>$223.7K</td>
<td>10.5K</td>
<td>78</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$6.4</td>
<td>$6.05</td>
<td>$6.05</td>
<td>$222.50</td>
<td>$176.0K</td>
<td>4.6K</td>
<td>0</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$49.9</td>
<td>$49.8</td>
<td>$49.9</td>
<td>$200.00</td>
<td>$109.7K</td>
<td>6.6K</td>
<td>11</td>
</tr>
</tbody>
</table>

<h3>About Apple</h3>
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.
Having examined the options trading patterns of Apple, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Apple's Current Market Status</h3>
<ul>
<li>With a trading volume of 6,667,669, the price of AAPL is up by 1.01%, reaching $226.57.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 10 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Apple</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $257.8.
<ul>
<li>Reflecting concerns, an analyst from Wedbush lowers its rating to Outperform with a new price target of $275.</li>
<li>An analyst from Rosenblatt has elevated its stance to Buy, setting a new price target at $260. </li>
<li>An analyst from Piper Sandler persists with their Neutral rating on Apple, maintaining a target price of $225. </li>
<li>Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for Apple, targeting a price of $256. </li>
<li>An analyst from Morgan Stanley has decided to maintain their Overweight rating on Apple, which currently sits at a price target of $273. </li>
</ul>
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 Apple with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

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