Latest news for General Steel Holdings (OTC:GSIH) Stock

General Steel Holdings Inc is a manufacturer of steel products. The company through its subsidiary is operating steel companies serving various industries in the People's Republic of China. Its product includes steel rebar, hot-rolled carbon and silicon sheets and spiral-weld pipes.

GENERAL STEEL HLDGS INC by General Steel Holdings, Inc.

General Steel Holdings Inc

U.S. stocks traded higher toward the end of trading, with the NASDAQ Composite gaining around 300 points on Monday.
The Dow traded up 0.19% to 40,362.58 while the NASDAQ rose 1.70% to 18,027.77. The S&amp;P 500 also rose, gaining, 1.09% to 5,564.74.
Check This Out: <a href="https://www.benzinga.com/news/24/07/39880699/top-4-real-estate-stocks-that-may-fall-off-a-cliff-this-quarter">Top 4 Real Estate Stocks That May Fall Off A Cliff This Quarter</a>
Leading and Lagging Sectors Information technology shares jumped by 1.7% on Monday.
In trading on Monday, energy shares fell by 0.2%.
Top Headline
Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) shares fell around 6% on Monday after it reported fiscal second-quarter results.
Its sales increased 0.6% year over year to $32.8 billion, marginally missing the analyst consensus estimate of $33.1 billion. Adjusted EPS of $1.15 was in line with the analyst consensus estimate.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>MIRA Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIRA#NASDAQ">MIRA</a>) shares shot up 368% to $3.2201 after the company announced new preclinical study results for its novel oral ketamine analog, Ketamir-2.</li>
<li>Shares of Tellurian Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TELL#NASDAQ">TELL</a>) got a boost, surging 66% to $0.95 after the company announced it will be acquired by Woodside Energy for approximately $900 million.</li>
<li>Serve Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) shares were also up, gaining 33% to $10.03 after Nvidia last week disclosed a stake in the company.</li>
</ul>
Equities Trading DOWN
<ul>
<li>CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) shares dropped 14% to $263.38. Guggenheim analyst John Difucci downgraded the stock from Buy to Neutral, while BTIG analyst Gray Powell downgraded the stock from Buy to Neutral. CrowdStrike shares fell sharply on Friday after the company suffered a major outage impacting businesses around the world.</li>
<li>Shares of Ryanair Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RYAAY#NASDAQ">RYAAY</a>) were down 16% to $95.68 after the company said profits dipped 46% to 360 million euros (£303 million) for the three months to June 30.</li>
<li>Savers Value Village, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SVV#NYSE">SVV</a>) was down, falling 15% to $9.86 after JP Morgan downgraded the stock from Overweight to Neutral and lowered its price target from $21 to $12.</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/news/24/07/39881526/wall-streets-most-accurate-analysts-say-hold-these-3-utilities-stocks-with-over-5-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Say Hold These 3 Utilities Stocks With Over 5% Dividend Yields</a>
Commodities In commodity news, oil traded down 0.1% to $80.03 while gold traded down 0.1% at $2,396.00.
Silver traded up 0.1% to $29.325 on Monday, while copper fell 0.8% to $4.2025.
Euro zone
European shares closed higher today. The eurozone's STOXX 600 climbed 0.93%, Germany's DAX gained 1.29% and France's CAC 40 climbed 1.16%. Spain's IBEX 35 Index rose 0.51%, while London's FTSE 100 rose 0.53%.
Asia Pacific Markets
Asian markets closed mostly lower on Monday, with Japan's Nikkei 225 falling 1.16%, Hong Kong's Hang Seng Index gaining 1.25%, China's Shanghai Composite Index declining 0.61% and India's S&amp;P BSE Sensex declining 0.13%.
The annual inflation rate in Hong Kong rose to 1.5% in June from 1.2% in the prior month. The People&#8217;s Bank of China slashed one-year loan prime rate by 10bps to 3.35%.
Economics
The Chicago Fed National Activity index fell to 0.05 for June, versus previous reading of 0.23. However, analysts were expecting a reading of -0.09.
Now Read This: 
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<li><a href="https://www.benzinga.com/news/24/07/39881007/nvidia-bank-of-america-and-2-other-stocks-insiders-are-selling">Nvidia, Bank of America And 2 Other Stocks Insiders Are Selling</a></li>
</ul>

News

Eurozone

Commodities

Intraday Update

Markets

Trading Ideas

CRWD

MIRA

RYAAY

SERV

TELL

S&P 500 Gains 1%; MIRA Pharmaceuticals Shares Spike Higher

Beyond Meat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>) shares are trading lower on Monday on continued weakness after it was reported late last week that the company&#8217;s liquidity position had deteriorated <a href="https://www.wsj.com/articles/beyond-meat-engages-bondholders-for-restructuring-talks-7de6b8ae?mod=Searchresults_pos1&amp;page=1">caused the stock to drop</a>.
What To Know: The report also suggested that the company reached out to a group of bondholders to start discussions about restructuring its balance sheet.
Last Thursday, the company&#8217;s stock was trading around $6.20. As of Monday morning, the stock is trading at $5.80. The current trading price is at the bottom of its 52 week range of $5.58 to $17.96 and below its 50 day moving average of $7.08.
Beyond Meat is anticipated to release quarterly financial earnings on August 5. Analysts estimate a loss of 51 cents per share and revenue of $87.80 million.
How To Buy Beyond Meat Shares
By now you're likely curious about how to participate in the market for Beyond Meat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>) &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so. 
In the the case of Beyond Meat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>), which is trading at $5.8 as of publishing time, $100 would buy you 17.24 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
Related Link: <a href="https://www.benzinga.com/news/earnings/24/07/39883168/royal-caribbean-pre-q2-earnings-analysis-should-you-buy">Royal Caribbean Pre-Q2 Earnings Analysis: Should You Buy?</a>
BYND Price Action: As of Monday morning, the stock is trading 1.9% lower at $6.01, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Image: Courtesy of Beyond Meat.

Movers

BYND

What's Going On With Beyond Meat Stock Monday?

AMC Entertainment Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) shares were halted Monday afternoon following a report indicating the company plans to restructure its debt load. AMC formally <a href="https://www.benzinga.com/pressreleases/24/07/b39890741/amc-entertainment-holdings-inc-announces-collaborative-refinancing-transactions-that-extend-up-to-">announced the plans shortly after</a>.
What Happened: AMC shares began perking up after Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-07-22/amc-to-restructure-debt-load-using-theaters-to-support-deal?srnd=homepage-americas&amp;sref=TBDibEcD">reported</a> that AMC reached an agreement with creditors that included a restructuring of its debt and an asset shift involving its U.S. theaters. People with knowledge of the plans reportedly said AMC will move its U.S. theaters into a different unit of the company to allow it to exchange its existing debt for new obligations backed by those theater locations. 
Shortly after the report surfaced, AMC shares were halted as the company put out a <a href="https://www.benzinga.com/pressreleases/24/07/b39890741/amc-entertainment-holdings-inc-announces-collaborative-refinancing-transactions-that-extend-up-to-">press release</a> detailing the refinancing transactions. The company said it will issue $1.2 billion of new secured term loans due 2029 in consideration for an open market purchase of senior secured term loans due 2026. AMC also said it exchanged $500 million of 10%/12% cash/PIK toggle second lien subordinated secured notes due 2026 into new secured term loans due 2029.
AMC will also have the opportunity to reduce debt by $464 million through the conversion of exchangeable notes into equity. 
&#8220;This transaction represents yet another bold and innovative step that AMC is taking to ensure a successful recovery from the unprecedented box office challenges of the last few years. Not only have our lenders agreed to extend our debt maturities but we have also created the potential for significant debt reduction as the industry recovers,&#8221; said Adam Aron, chairman and CEO of AMC.
Don&#8217;t Miss: <a href="https://www.benzinga.com/general/entertainment/24/07/39806439/good-news-for-cinemark-amc-stock-new-report-predicts-2026-cinema-revenue-passing-pre-covid-">Good News For Cinemark, AMC Stock? New Report Predicts 2026 Cinema Revenue Passing Pre-COVID-19 Levels — But There&#8217;s A Catch</a>
The news comes as AMC continues to battle movie ticket sales trends that remain below pre-pandemic levels. Many believed the COVID-19 pandemic would lead to the undoing of AMC, but the company has stayed afloat in recent years, bolstered by retail support for the movie theater giant.
&#8220;The box office challenges of the first half of 2024 are now in the rearview mirror. The recovery momentum is back. We expect strong year-over-year box office growth in the back half of 2024, continuing into 2025 and 2026,&#8221; Aron said.
AMC shares have showed some signs of life in recent months alongside several other meme stocks following the social media return of GameStop Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) trader Keith Gill, also known as <a href="https://www.benzinga.com/topic/keith-gill">Roaring Kitty</a>.
AMC took advantage of the renewed interest, entering into agreements to&nbsp;issue stock in exchange for notes. The movie theater chain also recently said that it raised&nbsp;approximately&nbsp;$250 million&nbsp;of new equity capital through the sale of 72.5 million shares from an offering it launched in March.
Before Monday&#8217;s announcement, AMC had $4.5 billion in long-term borrowings. The company also had more than $2.8 billion of maturities due in 2026 as of March 31.
AMC Price Action: AMC shares were halted for pending news at last check. The stock was up 2.4% at $5.13 when it last traded at 1:40 p.m. ET, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: <a href="https://www.flickr.com/photos/davedugdale/">Dave Dugdale</a> from Flickr.

Entertainment

Equities

Financing

AMC Entertainment Stock Halted: Movie Theater Chain Announces Restructuring Of Debt Load, Adam Aron Says Box Office Challenges Are In 'Rearview Mirror'

The market for coal used to make steel is in the summer doldrums, but supply outages in Australia and the United States are providing underlying tightness that could cause prices to spike in the late summer and fall once Asian <a href="https://www.benzinga.com/topic/steel">steelmakers start restocking.</a>
Mine fires in Australia and West Virginia and a lock and dam closure in Alabama are causing latent tightness that won't become visible until India and China come back to the market between August and October. Once they do, prices are likely to move higher but remain capped below record highs by a sluggish global economy.&nbsp;
"The supply side looks very supportive of met coal prices,"&nbsp;John Berman, chief investment officer with natural resources&nbsp;investment management&nbsp;company&nbsp;Berman Capital Group, told Benzinga. "It's the demand side that is potentially the brakes on any price rally."
Also Read: <a href="https://www.benzinga.com/markets/asia/24/06/39173971/coal-stocks-take-a-breather-as-trading-sentiment-sours-in-commodities-markets-was-the-election-in-in">Coal Stocks Take A Breather As Trading Sentiment Sours In Commodities Markets: Was The Election In India A Factor?</a>
Australia's Grosvenor Outage
Among the top concerns of the market right now is <a href="https://www.benzinga.com/m-a/24/07/39623378/anglo-americans-coal-asset-sale-faces-hurdle-after-fire-at-major-mine">the outage</a> at Anglo American's (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NGLOY#OTC">NGLOY</a>) Grosvenor Mine, which supplies more than 1% of global seaborne steelmaking coal.
An explosion and fire forced the company to suspend production at the mine late last month, knocking out up to 3 million tons of Anglo&#8217;s total expected 15-17 million metric tons of steelmaking coal output for 2024. On Thursday, the miner revised that guidance to 14-15.5 million metric tons.
The day after the explosion, Anglo said the outage could last several months because of likely damage underground.
Last week, Australian mining union officials said they were worried that Grosvenor might close permanently, although they acknowledged that Anglo was trying to recover the mine.
Metallurgical coal prices initially jumped on the Grosvenor news, but then retreated as Anglo reportedly assured customers of third quarter deliveries. However, the company reportedly said it wouldn't be able to meet delivery obligations in the fourth quarter.
"While the incident will continue to provide support and tighten supply, it appears that part of the initial price rally was speculative,"&nbsp;RBC Capital Markets&nbsp;said in a note.
US River Transportation Outage
In the United States, the Army Corp of Engineers closed the Holt Lock and Dam on the Black Warrior River in Alabama on June 22 as a safety precaution because of cracks and leaks. The river is a key artery for barge transportation of coal.
The infrastructure will be closed for three to five months while a new steel-enforced bulkhead can be manufactured, Army engineers said.
The closure means Peabody Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) and <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/37295857/warrior-met-coals-ballooning-development-costs-prompt-analysts-to-rethink-projectio">Warrior Met Coal Inc. </a>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) will have to find alternate transportation, Matthew Warder, an analyst with The Coal Trader newsletter, told Benzinga. The companies didn't respond when asked for comment.
US Longview Mine Outage
On June 30, the Longview Mine in West Virginia caught fire, according to media reports. The federal Mine Safety and Health Administration is investigating the incident. 
As of Friday, the mine remained out of commission, sources familiar with the matter told Benzinga. One of the sources said the mine could reopen this week while another said workers had reentered the mine last week.
Industry chatter suggests the mine won't be back to full production for months, although one of the sources said it is the operator's goal to restart mine production as soon as possible.
The mine operator,&nbsp;Allegheny Metallurgical, didn't respond to requests for comment. Privately held Allegheny is a partnership between privately held U.S.-based companies&nbsp;American Metals &amp; Coal International Inc.&nbsp;and&nbsp;JAZ Ventures, South Korea's&nbsp;Posco Holdings&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKX#NYSE">PKX</a>) and Japan's&nbsp;Itochu Corp.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/ITOCY#OTC">ITOCY</a>) .
Based on a similar incident at Peabody's Shoal Creek Mine last year, Warder said the Longview outage could keep 0.5-1.5 million short tons of high volatile metallurgical coal off the market in 2024 and up to 3.5 million short tons off next year if the mine remains offline.
Higher Prices to Benefit Miners
The three incidents have tightened metallurgical coal supply, but at the moment there isn't a strong upward price reaction because steelmakers in India, China, Europe and Brazil aren't yet looking to make purchases on the spot market to replenish their stocks. Meanwhile, U.S. coking coal buyers are just getting their annual procurement process started this month.
"This is a very sleepy time in the market," Warder said.
Late last month, Australian premium coking coal futures, an industry benchmark, could be seen at $233 per metric ton, a far cry from their record high above $360 set in October.
When heavyweight steel producers India and China come back to the market between August and October, the demand may push prices higher than they would otherwise go if not for the production outages in Australia and the United States.
Warder thinks $300 steelmaking coal prices are in play sometime in the fall, although the market won't get back to the highs from the previous year because of a weaker Chinese economy.
"I think we could see $300 in the short term once the restocking season gets underway, although I don't know how sustainable that price will be with current demand," Berman said, adding that "$360, I think, is very unlikely without robust Chinese demand this year."
Firmer prices stand to benefit coking coal producers, Warder said.
That includes BHP and Alpha Metallurgical Resources Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMR#NYSE">AMR</a>), he added. 
Even with Grosvenor out, Anglo American still stands to benefit from its other metallurgical coal production, he said. And Warrior can use other transportation to get its coal to market, meaning the dam and lock outage isn't a showstopper for the company, he said. Peabody will also be able to get its Alabama coal to market, while it also produces Australian coal to sell, he said.
Berman agrees that Warrior and Alpha will be among the biggest beneficiaries as prices move higher. He also adds Australian miner&nbsp;Whitehaven Coal Ltd.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/WHITF#OTC">WHITF</a>) to the list.
"Warrior will likely produce a little more free cash flow through the end of this year than I was expecting," Berman says.
Read Next:
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<li><a href="https://www.benzinga.com/news/large-cap/24/07/39651178/canadian-regulators-ok-glencore-teck-resources-deal-future-m-a-sanctions-need-exceptional-circumst">Canadian Regulators OK Glencore, Teck Resources Deal: Future M&amp;A Sanctions Need &#8216;Exceptional Circumstances&#8217;</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Analyst Color

Asia

Global

ITOCY

NGLOY

WHITF

Coal Prices Set To Rise When Restocking Begins After US, Australia Mine Outages

HC Wainwright &amp; Co. analyst Joseph Pantginis reiterates aTyr Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATYR#NASDAQ">ATYR</a>) with a Buy and maintains $35 price target.

Price Target

Reiteration

Analyst Ratings

ATYR

HC Wainwright & Co. Reiterates Buy on aTyr Pharma, Maintains $35 Price Target

Deep-pocketed investors have adopted a bullish approach towards DoorDash (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DASH usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for DoorDash. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 62% leaning bullish and 25% bearish. Among these notable options, 3 are puts, totaling $208,340, and 5 are calls, amounting to $281,365.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $103.0 to $125.0 for DoorDash over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for DoorDash options trades today is 639.83 with a total volume of 288.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for DoorDash's big money trades within a strike price range of $103.0 to $125.0 over the last 30 days.
<h3>DoorDash Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721673066_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>DASH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$10.15</td>
<td>$10.1</td>
<td>$10.1</td>
<td>$110.00</td>
<td>$142.4K</td>
<td>252</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>DASH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$5.55</td>
<td>$5.5</td>
<td>$5.5</td>
<td>$125.00</td>
<td>$70.4K</td>
<td>2.3K</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>DASH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$7.9</td>
<td>$7.7</td>
<td>$7.86</td>
<td>$120.00</td>
<td>$62.8K</td>
<td>410</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>DASH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$5.5</td>
<td>$5.3</td>
<td>$5.5</td>
<td>$125.00</td>
<td>$62.7K</td>
<td>2.3K</td>
<td style="text-align: right;">139</td>
</tr>
<tr>
<td>DASH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$5.1</td>
<td>$4.65</td>
<td>$4.65</td>
<td>$103.00</td>
<td>$46.5K</td>
<td>224</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>

<h3>About DoorDash</h3>
Founded in 2013 and headquartered in San Francisco, DoorDash is an online food order demand aggregator. Consumers can use its app to order food on-demand for pickup or delivery from merchants mainly in the US. Through the acquisition of Wolt in 2022, the firm also provides this service in Europe. DoorDash provides a marketplace for the merchants to create a presence online, market their offerings, and meet demand by making the offerings available for pickup or delivery. The firm provides similar service to businesses in addition to restaurants, such as grocery, retail, pet supplies, and flowers.
Having examined the options trading patterns of DoorDash, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of DoorDash</h3>
<ul>
<li>Currently trading with a volume of 1,644,504, the DASH's price is up by 0.33%, now at $106.45. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 10 days.</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 DoorDash with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

DASH

Market Whales and Their Recent Bets on DASH Options

Investors with a lot of money to spend have taken a bearish stance on Wingstop (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WING#NASDAQ">WING</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 WING, 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 9 uncommon options trades for Wingstop.
This isn't normal.
The overall sentiment of these big-money traders is split between 11% bullish and 66%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $193,700, and 5 are calls, for a total amount of $230,285.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $85.0 and $410.0 for Wingstop, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</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 Wingstop'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 Wingstop's whale trades within a strike price range from $85.0 to $410.0 in the last 30 days. 
<h3>Wingstop Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721673062_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 style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>WING</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$301.0</td>
<td>$298.5</td>
<td>$298.5</td>
<td>$85.00</td>
<td>$89.5K</td>
<td>4</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>WING</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$85.5</td>
<td>$85.2</td>
<td>$85.5</td>
<td>$410.00</td>
<td>$59.8K</td>
<td>7</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>WING</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$16.7</td>
<td>$16.3</td>
<td>$16.7</td>
<td>$370.00</td>
<td>$55.1K</td>
<td>454</td>
<td style="text-align: right;">65</td>
</tr>
<tr>
<td>WING</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$27.4</td>
<td>$26.8</td>
<td>$26.9</td>
<td>$370.00</td>
<td>$45.7K</td>
<td>266</td>
<td style="text-align: right;">38</td>
</tr>
<tr>
<td>WING</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.2</td>
<td>$5.7</td>
<td>$5.9</td>
<td>$250.00</td>
<td>$44.8K</td>
<td>1.0K</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>

<h3>About Wingstop</h3>
Founded in 1994 in Garland, Texas, Wingstop is a restaurant operator specializing in indulgent bone-in and boneless chicken wings, chicken tenders, fries, and, recently, chicken sandwiches. The firm's footprint has grown quickly since its inception, reaching north of 2,200 global stores at the end of 2023, rendering Wingstop the 31st-largest restaurant brand in the U.S. by system sales, according to Euromonitor data. With a 98% franchised model, Wingstop generates the lion share of its revenue from franchise royalties and advertising fees, with the remainder derived from a small footprint of company-owned stores.
After a thorough review of the options trading surrounding Wingstop, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Wingstop</h3>
<ul>
<li>With a volume of 201,335, the price of WING is up 1.82% at $376.04. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 9 days.</li>
</ul>
<h3>Expert Opinions on Wingstop</h3>
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $406.25.
<ul>
<li>An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Wingstop, which currently sits at a price target of $400. </li>
<li>An analyst from Wedbush downgraded its action to Outperform with a price target of $425. </li>
<li>An analyst from Truist Securities has decided to maintain their Hold rating on Wingstop, which currently sits at a price target of $393. </li>
<li>An analyst from Truist Securities has decided to maintain their Hold rating on Wingstop, which currently sits at a price target of $407. </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 Wingstop options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

WING

What the Options Market Tells Us About Wingstop

Investors with a lot of money to spend have taken a bearish stance on Occidental Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</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 OXY, 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 19 uncommon options trades for Occidental Petroleum.
This isn't normal.
The overall sentiment of these big-money traders is split between 36% bullish and 52%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $236,718, and 17 are calls, for a total amount of $1,457,329.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $55.0 to $70.0 for Occidental Petroleum over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Occidental Petroleum stands at 2488.0, with a total volume reaching 14,976.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Occidental Petroleum, situated within the strike price corridor from $55.0 to $70.0, throughout the last 30 days.
<h3>Occidental Petroleum 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721673056_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$3.35</td>
<td>$3.3</td>
<td>$3.35</td>
<td>$65.00</td>
<td>$507.3K</td>
<td>4.5K</td>
<td>1.9K</td>
</tr>
<tr>
<td>OXY</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$3.55</td>
<td>$3.45</td>
<td>$3.5</td>
<td>$65.00</td>
<td>$210.0K</td>
<td>3.7K</td>
<td>23</td>
</tr>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$10.85</td>
<td>$10.3</td>
<td>$10.2</td>
<td>$55.00</td>
<td>$203.2K</td>
<td>838</td>
<td>5</td>
</tr>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.7</td>
<td>$3.5</td>
<td>$3.65</td>
<td>$65.00</td>
<td>$183.5K</td>
<td>4.5K</td>
<td>2</td>
</tr>
<tr>
<td>OXY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$3.45</td>
<td>$3.35</td>
<td>$3.35</td>
<td>$65.00</td>
<td>$88.4K</td>
<td>4.5K</td>
<td>1.9K</td>
</tr>
</tbody>
</table>

<h3>About Occidental Petroleum</h3>
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,234 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
Following our analysis of the options activities associated with Occidental Petroleum, we pivot to a closer look at the company's own performance.
<h3>Occidental Petroleum's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 5,214,435, the OXY's price is down by -1.31%, now at $62.3. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 16 days.</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 Occidental Petroleum with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Occidental Petroleum Options Trading: A Deep Dive into Market Sentiment

Cigna Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CI#NYSE">CI</a>) has outperformed the market over the past 20 years by 6.54% on an annualized basis producing an average annual return of 14.94%. Currently, Cigna Group has a market capitalization of $95.40 billion. 
Buying $100 In CI: If an investor had bought $100 of CI stock 20 years ago, it would be worth $1,660.76 today based on a price of $335.84 for CI at the time of writing.
<h3>Cigna Group's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721673018_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Cigna Group Stock In The Last 20 Years

EQT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) has outperformed the market over the past 5 years by 7.17% on an annualized basis producing an average annual return of 20.09%. Currently, EQT has a market capitalization of $15.78 billion. 
Buying $1000 In EQT: If an investor had bought $1000 of EQT stock 5 years ago, it would be worth $2,411.61 today based on a price of $35.74 for EQT at the time of writing.
<h3>EQT's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721673013_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In EQT 5 Years Ago Would Be Worth This Much Today

Management

Hims & Hers Health, Inc. Class A Common Stock

HIMS

Hims & Hers Shares Up 5.3%, Co. Earlier Announced Appointment Of Former Novo Nordisk President And Coo Kåre Schultz To Board

Needham analyst Laura Martin reiterates Outbrain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OB#NASDAQ">OB</a>) with a Buy and maintains $5.5 price target.

Needham Reiterates Buy on Outbrain, Maintains $5.5 Price Target

HC Wainwright &amp; Co. analyst Raghuram Selvaraju maintains Kezar Life Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KZR#NASDAQ">KZR</a>) with a Buy and lowers the price target from $20 to $7.

HC Wainwright & Co. Maintains Buy on Kezar Life Sciences, Lowers Price Target to $7

Spirit AeroSystems To Release Q2 2024 Financial Results On August 5; Suspends Earnings Conference Calls Due To Merger Agreement With Boeing

Financial giants have made a conspicuous bearish move on HCA Healthcare. Our analysis of options history for HCA Healthcare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCA#NYSE">HCA</a>) revealed 15 unusual trades.
Delving into the details, we found 33% of traders were bullish, while 53% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $466,771, and 6 were calls, valued at $451,229.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $300.0 to $380.0 for HCA Healthcare over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in HCA Healthcare's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to HCA Healthcare's substantial trades, within a strike price spectrum from $300.0 to $380.0 over the preceding 30 days.
<h3>HCA Healthcare 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721672154_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 style="text-align: right;">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>HCA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$5.5</td>
<td>$3.7</td>
<td>$5.1</td>
<td>$350.00</td>
<td>$255.0K</td>
<td style="text-align: right;">204</td>
<td>5</td>
</tr>
<tr>
<td>HCA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$12.7</td>
<td>$12.2</td>
<td>$12.2</td>
<td>$320.00</td>
<td>$84.1K</td>
<td style="text-align: right;">477</td>
<td>1.3K</td>
</tr>
<tr>
<td>HCA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$15.9</td>
<td>$14.8</td>
<td>$15.9</td>
<td>$325.00</td>
<td>$79.5K</td>
<td style="text-align: right;">161</td>
<td>115</td>
</tr>
<tr>
<td>HCA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$15.6</td>
<td>$15.2</td>
<td>$15.6</td>
<td>$330.00</td>
<td>$74.8K</td>
<td style="text-align: right;">124</td>
<td>5</td>
</tr>
<tr>
<td>HCA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$4.1</td>
<td>$2.65</td>
<td>$3.0</td>
<td>$355.00</td>
<td>$60.0K</td>
<td style="text-align: right;">57</td>
<td>204</td>
</tr>
</tbody>
</table>

<h3>About HCA Healthcare</h3>
HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2022, the firm owned and operated 182 hospitals, 126 freestanding outpatient surgery centers, and a broad network of physician offices, urgent-care clinics, and freestanding emergency rooms across 20 states and a small foothold in England.
Having examined the options trading patterns of HCA Healthcare, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>HCA Healthcare's Current Market Status</h3>
<ul>
<li>With a trading volume of 835,811, the price of HCA is up by 0.38%, reaching $323.39.</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 1 days from now.</li>
</ul>
<h3>What The Experts Say On HCA Healthcare</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $351.2.
<ul>
<li>An analyst from Deutsche Bank has decided to maintain their Buy rating on HCA Healthcare, which currently sits at a price target of $375. </li>
<li>An analyst from Cantor Fitzgerald has revised its rating downward to Overweight, adjusting the price target to $335. </li>
<li>In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Overweight, setting a price target of $335. </li>
<li>Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on HCA Healthcare with a target price of $376. </li>
<li>Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Overweight with a new price target of $335.</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 HCA Healthcare, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

HCA Healthcare Unusual Options Activity For July 22

Whales with a lot of money to spend have taken a noticeably bearish stance on SoFi Techs.
Looking at options history for SoFi Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) we detected 14 trades.
If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 64% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $865,453 and 8, calls, for a total amount of $274,270.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $3.0 to $10.0 for SoFi Techs over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for SoFi Techs'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 SoFi Techs's whale trades within a strike price range from $3.0 to $10.0 in the last 30 days. 
<h3>SoFi Techs Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721672149_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>SOFI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/02/24</td>
<td>$0.28</td>
<td>$0.27</td>
<td>$0.28</td>
<td>$7.00</td>
<td>$700.0K</td>
<td>9.4K</td>
<td>45.3K</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$4.55</td>
<td>$4.5</td>
<td>$4.55</td>
<td>$3.00</td>
<td>$45.5K</td>
<td>5.2K</td>
<td>101</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$2.15</td>
<td>$2.1</td>
<td>$2.15</td>
<td>$10.00</td>
<td>$43.0K</td>
<td>15.0K</td>
<td>214</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$2.15</td>
<td>$2.1</td>
<td>$2.15</td>
<td>$10.00</td>
<td>$43.0K</td>
<td>15.0K</td>
<td>14</td>
</tr>
<tr>
<td>SOFI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/02/24</td>
<td>$0.12</td>
<td>$0.11</td>
<td>$0.12</td>
<td>$6.50</td>
<td>$38.5K</td>
<td>9.7K</td>
<td>2</td>
</tr>
</tbody>
</table>

<h3>About SoFi Techs</h3>
SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.
<h3>Present Market Standing of SoFi Techs</h3>
<ul>
<li>With a volume of 25,950,430, the price of SOFI is down -1.23% at $7.38. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 8 days.</li>
</ul>
<h3>What The Experts Say On SoFi Techs</h3>
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $8.333333333333334.
<ul>
<li>Maintaining their stance, an analyst from Barclays continues to hold a Equal-Weight rating for SoFi Techs, targeting a price of $8. </li>
<li>In a cautious move, an analyst from Needham downgraded its rating to Buy, setting a price target of $10. </li>
<li>An analyst from Keefe, Bruyette &amp; Woods has decided to maintain their Market Perform rating on SoFi Techs, which currently sits at a price target of $7. </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 SoFi Techs, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

SOFI

Market Whales and Their Recent Bets on SOFI Options

Whales with a lot of money to spend have taken a noticeably bearish stance on Goldman Sachs Gr.
Looking at options history for Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) we detected 16 trades.
If we consider the specifics of each trade, it is accurate to state that 31% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $370,730 and 11, calls, for a total amount of $520,160.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $400.0 and $720.0 for Goldman Sachs Gr, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Goldman Sachs Gr options trades today is 246.64 with a total volume of 642.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Goldman Sachs Gr's big money trades within a strike price range of $400.0 to $720.0 over the last 30 days.
<h3>Goldman Sachs Gr Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721672144_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 style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$236.65</td>
<td>$229.45</td>
<td>$233.77</td>
<td>$720.00</td>
<td>$116.8K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
</tr>
<tr>
<td>GS</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$236.7</td>
<td>$229.4</td>
<td>$233.63</td>
<td>$720.00</td>
<td>$116.8K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$72.65</td>
<td>$71.5</td>
<td>$71.5</td>
<td>$450.00</td>
<td>$85.8K</td>
<td style="text-align: right;">385</td>
<td style="text-align: right;">12</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$86.1</td>
<td>$81.0</td>
<td>$82.03</td>
<td>$405.00</td>
<td>$82.0K</td>
<td style="text-align: right;">11</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$102.15</td>
<td>$99.5</td>
<td>$99.5</td>
<td>$455.00</td>
<td>$79.6K</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">8</td>
</tr>
</tbody>
</table>

<h3>About Goldman Sachs Gr</h3>
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
In light of the recent options history for Goldman Sachs Gr, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Goldman Sachs Gr's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 903,274, the GS's price is up by 0.58%, now at $487.75. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 85 days.</li>
</ul>
<h3>What Analysts Are Saying About Goldman Sachs Gr</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $488.0.
<ul>
<li>Maintaining their stance, an analyst from Keefe, Bruyette &amp; Woods continues to hold a Outperform rating for Goldman Sachs Gr, targeting a price of $520. </li>
<li>An analyst from Morgan Stanley persists with their Overweight rating on Goldman Sachs Gr, maintaining a target price of $513. </li>
<li>Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Goldman Sachs Gr, targeting a price of $475. </li>
<li>Consistent in their evaluation, an analyst from BMO Capital keeps a Market Perform rating on Goldman Sachs Gr with a target price of $373. </li>
<li>An analyst from Oppenheimer has decided to maintain their Outperform rating on Goldman Sachs Gr, which currently sits at a price target of $559. </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 Goldman Sachs Gr options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Goldman Sachs Gr's Options Frenzy: What You Need to Know

Wedbush analyst Matt Bryson maintains Seagate Tech Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) with a Outperform and raises the price target from $100 to $130.

Wedbush Maintains Outperform on Seagate Tech Hldgs, Raises Price Target to $130

- Reuters Citing Environment And Climate Change Canada

Canadian National Railway Fined $8M For Environmental Offenses Related To 2015 Train Derailments

President Joe Biden&#39;s<a href="https://www.benzinga.com/markets/cannabis/24/07/39874209/joe-biden-drops-out-what-would-happen-with-cannabis-legalization-under-kamala-harris-or-donald-t"> announcement</a> that he will not seek re-election has impacted the cannabis stock market. The sector&#39;s reaction varied, reflecting investor sentiment and market speculation about future regulatory changes under a potential new administration. This analysis, derived from <a href="https://pro.benzinga.com/">Benzinga Pro data</a>, highlights the key movements among popular cannabis stocks 24 hours after the announcement.
<h3>Biggest Losers</h3>
Several cannabis stocks faced a downturn following the announcement. Curaleaf Holdings (OTC: <a class="ticker" href="https://www.benzinga.com/stock/curlf#OTC">CURLF</a>) decreased by 1.3986% to $4.23. Jushi Holdings (OTC: <a class="ticker" href="https://www.benzinga.com/stock/jushf#OTC">JUSHF</a>) dropped by 5.0847%, reaching $0.56. Green Thumb Industries (OTC: <a class="ticker" href="https://www.benzinga.com/stock/gtbif#OTC">GTBIF</a>) fell by 2.3444% to $11.455. Trulieve Cannabis (OTC: <a class="ticker" href="https://www.benzinga.com/stock/tcnnf#OTC">TCNNF</a>) decreased by 1.1508% to $10.6. Cresco Labs (OTC: <a class="ticker" href="https://www.benzinga.com/stock/crlbf#OTC">CRLBF</a>) dropped by 1.7341%, reaching $1.7.
<h3>Biggest Winners</h3>
Conversely, ohter cannabis stocks saw gains following the announcement. Aurora Cannabis (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acb#NASDAQ">ACB</a>) increased by 4.6957%, reaching $6.02. Village Farms International (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vff#NASDAQ">VFF</a>) increased by 0.9259%, reaching $1.09. Tilray Brands (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tlry#NASDAQ">TLRY</a>) rose by 4.3575%, reaching $1.868.SNDL (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sndl#NASDAQ">SNDL</a>) saw an increase of 7.1836%, reaching $2.2187.
Medicine Man Technologies (OTC: <a class="ticker" href="https://www.benzinga.com/stock/shwz#OTC">SHWZ</a>) experienced a gain of 100.0%, reaching $0.3. OrganiGram Holdings (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ogi#NASDAQ">OGI</a>) rose by 5.1515%, reaching $1.735.
Innovative Industrial Properties (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iipr#NASDAQ">IIPR</a>) gained 1.5641%, reaching $120.13. Cronos Group (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cron#NASDAQ">CRON</a>) increased by 2.7311%, reaching $2.445. Canopy Growth (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cgc#NASDAQ">CGC</a>) increased by 9.9593%, reaching $7.8401.&nbsp;
Read Also:<a href="https://www.benzinga.com/markets/cannabis/24/06/39561566/will-bidens-shaky-debate-performance-affect-cannabis-reform-how-a-trump-return-could-reshape-mar">&nbsp;Will Biden&#39;s Shaky Debate Performance Affect Cannabis Reform? How A Trump Return Could Reshape Marijuana Policy</a>
<h3>Performance Of Cannabis ETFs</h3>
Cannabis ETFs mirrored the overall market&#39;s mixed sentiment. AdvisorShares Pure Cannabis ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/yolo#NYSE">YOLO</a>) rose by 2.0528%, reaching $3.48. AdvisorShares Pure US Cannabis ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/msos#NYSE">MSOS</a>) experienced a gain of 3.9811%, reaching $7.705.
These ETFs remain a barometer for broader market trends within the cannabis sector, indicating cautious optimism among ETF investors.
The trading volumes for these ETFs also showed increased activity, with YOLO trading 15,157 shares and MSOS trading 4,576,010 shares in the last 24 hours.&nbsp;
<img alt="last_24hrs_7_22.jpg" src="https://www.benzinga.com/files/u503488/last_24hrs_7_22.jpg" style="height:293px; width:633px" />
<pre>
*Based on data from <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Read Next: </pre><ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/07/39866755/trump-accepts-gop-nomination-as-party-begins-to-embrace-cannabis-legalization-says-republican-co">Trump Accepts GOP Nomination As Party Begins To Embrace Cannabis Legalization, Says Republican Consultant</a></li>
<li>And:&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39369432/what-is-the-trump-factor-justice-depts-impact-on-cannabis-rescheduling-stocks-and-i">What Is The Trump Factor? Justice Dept&#39;s Impact On Cannabis Rescheduling, Stocks And Investments</a>​​​​​​​</li>
</ul>
These issues will be among the hot topics at the upcoming Benzinga Cannabis Capital Conference in Chicago this Oct. 8-9. Join us to get more insight into what the wave of weed legalization means for the future of investing in the&nbsp;industry. Hear directly from top executives, investors, advocates, and policymakers.&nbsp;<a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" rel="noreferrer noopener" target="_blank">Get your tickets now</a>&nbsp;before prices go up by following&nbsp;<a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" rel="noreferrer noopener" target="_blank">this link</a>.
Photo: AI-Generated Image.&nbsp;

Cannabis

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CRLBF

CRON

CURALEAF HLDGS INC by Curaleaf Hldgs Inc.

CURLF

GTBIF

IIPR

JUSHI HLDGS INC CL B by Jushi Holdings Inc.

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