Option chain shows key data for HomeCo Daily Needs REIT's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for HomeCo Daily Needs REIT.

HomeCo Daily Needs REIT (OTC:HDNRF) Stock, Option Chain

HomeCo Daily Needs REIT is an externally managed property trust run by HMC Capital which also runs HealthCo Healthcare and Wellness REIT and unlisted funds. The company generates revenue from Property rental and Other property income. The company invests in convenience-based assets across the target sub-sectors of Neighbourhood Retail, Large Format Retail, and Health & Services.

HomeCo Daily Needs REIT

Boston Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>) has outperformed the market over the past 10 years by 10.11% on an annualized basis producing an average annual return of 21.27%. Currently, Boston Scientific has a market capitalization of $131.76 billion. 
Buying $100 In BSX: If an investor had bought $100 of BSX stock 10 years ago, it would be worth $690.85 today based on a price of $89.47 for BSX at the time of writing.
<h3>Boston Scientific's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732566686_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.

News

Trading Ideas

$100 Invested In Boston Scientific 10 Years Ago Would Be Worth This Much Today

Marathon Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>) has outperformed the market over the past 10 years by 1.7% on an annualized basis producing an average annual return of 12.87%. Currently, Marathon Petroleum has a market capitalization of $50.74 billion. 
Buying $100 In MPC: If an investor had bought $100 of MPC stock 10 years ago, it would be worth $347.80 today based on a price of $157.88 for MPC at the time of writing.
<h3>Marathon Petroleum's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732566681_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.

$100 Invested In This Stock 10 Years Ago Would Be Worth $300 Today

KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) has outperformed the market over the past 10 years by 13.76% on an annualized basis producing an average annual return of 24.93%. Currently, KLA has a market capitalization of $85.41 billion. 
Buying $1000 In KLAC: If an investor had bought $1000 of KLAC stock 10 years ago, it would be worth $9,257.96 today based on a price of $637.50 for KLAC at the time of writing.
<h3>KLA's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732566676_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.

KLAC

Here's How Much $1000 Invested In KLA 10 Years Ago Would Be Worth Today

Universal Health Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UHS#NYSE">UHS</a>) has outperformed the market over the past 20 years by 3.09% on an annualized basis producing an average annual return of 11.47%. Currently, Universal Health Servs has a market capitalization of $13.12 billion. 
Buying $1000 In UHS: If an investor had bought $1000 of UHS stock 20 years ago, it would be worth $8,729.59 today based on a price of $198.86 for UHS at the time of writing.
<h3>Universal Health Servs's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732566672_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 This Stock 20 Years Ago Would Be Worth $8,700 Today

Canadian Pacific Kansas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CP#NYSE">CP</a>) has outperformed the market over the past 20 years by 4.9% on an annualized basis producing an average annual return of 13.28%. Currently, Canadian Pacific Kansas has a market capitalization of $72.50 billion. 
Buying $1000 In CP: If an investor had bought $1000 of CP stock 20 years ago, it would be worth $11,812.21 today based on a price of $77.68 for CP at the time of writing.
<h3>Canadian Pacific Kansas's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732566667_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 This Stock 20 Years Ago Would Be Worth $12,000 Today

Autodesk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADSK#NASDAQ">ADSK</a>) has outperformed the market over the past 15 years by 7.0% on an annualized basis producing an average annual return of 18.85%. Currently, Autodesk has a market capitalization of $68.83 billion. 
Buying $100 In ADSK: If an investor had bought $100 of ADSK stock 15 years ago, it would be worth $1,362.00 today based on a price of $319.39 for ADSK at the time of writing.
<h3>Autodesk's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732566663_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.

ADSK

Here's How Much You Would Have Made Owning Autodesk Stock In The Last 15 Years

Moderna (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) has outperformed the market over the past 5 years by 2.89% on an annualized basis producing an average annual return of 16.57%. Currently, Moderna has a market capitalization of $16.88 billion. 
Buying $100 In MRNA: If an investor had bought $100 of MRNA stock 5 years ago, it would be worth $215.28 today based on a price of $43.87 for MRNA at the time of writing.
<h3>Moderna's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732566659_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.

MRNA

Here's How Much $100 Invested In Moderna 5 Years Ago Would Be Worth Today

Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) has outperformed the market over the past 15 years by 15.31% on an annualized basis producing an average annual return of 27.16%. Currently, Chipotle Mexican Grill has a market capitalization of $84.76 billion. 
Buying $100 In CMG: If an investor had bought $100 of CMG stock 15 years ago, it would be worth $3,727.08 today based on a price of $62.20 for CMG at the time of writing.
<h3>Chipotle Mexican Grill's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732566654_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.

If You Invested $100 In This Stock 15 Years Ago, You Would Have $3,700 Today

Enphase Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) has outperformed the market over the past 5 years by 12.81% on an annualized basis producing an average annual return of 26.49%. Currently, Enphase Energy has a market capitalization of $9.57 billion. 
Buying $1000 In ENPH: If an investor had bought $1000 of ENPH stock 5 years ago, it would be worth $3,238.23 today based on a price of $70.86 for ENPH at the time of writing.
<h3>Enphase Energy's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732566649_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.

ENPH

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $3,200 Today

FTAI Aviation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>) has outperformed the market over the past 5 years by 47.49% on an annualized basis producing an average annual return of 61.18%. Currently, FTAI Aviation has a market capitalization of $17.15 billion. 
Buying $1000 In FTAI: If an investor had bought $1000 of FTAI stock 5 years ago, it would be worth $10,875.83 today based on a price of $167.23 for FTAI at the time of writing.
<h3>FTAI Aviation's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732566644_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.

FTAI

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $11,000 Today

Wondering where you <a href="https://www.benzinga.com/personal-finance/24/10/41585240/if-the-average-american-household-is-a-millionaire-with-a-net-worth-of-1-06-million-why-do-peopl">land on the economic spectrum</a>? It can be tricky to pin down whether you consider yourself middle class, lower class or something else entirely.&nbsp;
Using income alone to define "class" doesn't always tell the whole story, but it's a helpful starting point. According to Pew Research, income levels and household size play a big role in determining where you might fit.
Don't Miss:
<ul>
<li><a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.</li>
<li>Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.</li>
</ul>
Here's a breakdown and some real-world numbers to help you figure it out.
Lower Class
The lower class is usually defined as households earning less than two-thirds of the median income. For many, this means struggling to cover essential expenses like housing, food and health care.
What the Numbers Say:
Income range: Generally under $50,000 annually for most households.
Specific thresholds for a three-person household:&nbsp;
<ul>
<li>Nationally: Less than $56,600 annually.</li>
<li>By state: As low as $35,142 in Mississippi.</li>
</ul>
Signs You Might Be Here:
<ul>
<li>You're living paycheck to paycheck.</li>
<li>It's hard to save for emergencies or retirement.</li>
<li>Things like medical care, transportation or rent stretch your budget to the limit.</li>
</ul>
Trending: <a href="https://www.benzinga.com/money/advisor-adv-warren-buffett">Warren Buffett Flipped His Neighbor's $67,000 Life Savings Into A $50 Million Fortune — This Would Be Worth Over $500 Million Today</a>
Middle Class
The middle class is broad and often described as the financial "sweet spot." This group covers a huge range of incomes, but the key is a sense of stability – though it might not always feel secure.
What the Numbers Say:
Income range: Between two-thirds and double the median income or roughly $50,000 to $150,000 annually.
Specific thresholds for a three-person household:
<ul>
<li>Nationally: $56,600 to $169,800.</li>
<li>By state: In New Jersey, $64,224 to $192,692. In Mississippi, $35,142 to $105,438.</li>
</ul>
Signs You're Middle Class:
<ul>
<li>You're paying bills comfortably and affording occasional extras, like vacations or dining out.</li>
<li>Big expenses like college or buying a home are stressful but achievable.</li>
<li>You're saving for the future, but not as much as you'd like.</li>
</ul>
Upper Class
The <a href="https://www.benzinga.com/personal-finance/24/07/40021172/what-income-makes-you-upper-class-heres-what-you-need-to-rank-among-the-top-20">upper class isn't just about a big paycheck – </a>it's often tied to assets like investments, real estate or business income. According to Motley Fool, the upper class has an average net worth of $793,120 to $2.65 million.
These households usually earn more than double the median income and experience greater financial flexibility.
What the Numbers Say:
Income range: Generally over $150,000 annually.
Specific thresholds for a three-person household:&nbsp;
<ul>
<li>Nationally: More than $169,800.</li>
<li>Metropolitan differences: In high-cost areas like San Jose, California, only 42% of adults are middle class, while 41% are upper class. In more affordable areas like Olympia, Washington, 66% of adults fall into the middle class.</li>
</ul>
Signs You Might Be Here:
<ul>
<li>You're investing and <a href="https://www.benzinga.com/personal-finance/24/05/39037986/are-you-richer-than-you-realize-majority-of-millionaires-think-theyre-middle-class">watching your money grow</a> rather than just saving.</li>
<li>Debt feels manageable and strategic, not like a burden.</li>
<li>Luxuries – travel, dining or a second home – don't require financial trade-offs.</li>
</ul>
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a>
Other Factors That Matter
Income is a big puzzle, but it's not everything. Here are a few other factors that can influence where you land:
Location: Cost of living differences mean $80,000 goes much further in rural areas than in big cities.
Household Size: A family of five needs more to maintain the same standard of living as a single person.
Net Worth: <a href="https://www.benzinga.com/personal-finance/24/10/41193824/are-you-rich-enough-to-be-in-the-top-1-heres-both-the-income-and-net-worth-you-need-to-rank-amon">Beyond your paycheck</a>, assets like savings, real estate and investments make a difference.
Social Mobility: Access to education, health care and financial resources is huge in long-term wealth.
Labels like "middle class" or "upper class" are just labels. What matters most is how secure you feel and whether your financial goals are within reach.
If you aim to climb the economic ladder or solidify your financial standing, it might be time to bring in <a href="https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved">expert advice</a>. A financial advisor can help you create a strategy tailored to your goals, whether building wealth, managing debt or making smart investments.
Read Next:
<ul>
<li>The number of ‘401(k)' Millionaires is up 43% from last year —<a href="https://www.benzinga.com/money/401k-millionaires"> Here are three ways to join the club.</a></li>
<li>Studies show 50% of consumers think Financial Advisors cost much more than they do —<a href="https://www.benzinga.com/money/money-pickle"> to debunk this, this company provides matching for free and a complimentary first call with the matched advisor.</a></li>
</ul>

Personal Finance

How Rich Are You? Find Out Whether You Rank As Upper, Middle Or Lower Class Based On Income And Other Factors

High-rolling investors have positioned themselves bearish on BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in BLK often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 16 options trades for BlackRock. This is not a typical pattern.
The sentiment among these major traders is split, with 31% bullish and 37% bearish. Among all the options we identified, there was one put, amounting to $28,253, and 15 calls, totaling $1,245,413.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $620.0 to $1060.0 for BlackRock over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of BlackRock stands at 70.62, with a total volume reaching 409.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in BlackRock, situated within the strike price corridor from $620.0 to $1060.0, throughout the last 30 days.
<h3>BlackRock Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732566630_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 align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BLK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$200.0</td>
<td>$193.8</td>
<td>$194.35</td>
<td>$980.00</td>
<td>$155.4K</td>
<td align="right">15</td>
<td align="right">27</td>
</tr>
<tr>
<td>BLK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$200.0</td>
<td>$193.8</td>
<td>$194.21</td>
<td>$980.00</td>
<td>$155.3K</td>
<td align="right">15</td>
<td align="right">35</td>
</tr>
<tr>
<td>BLK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$194.1</td>
<td>$191.1</td>
<td>$193.47</td>
<td>$980.00</td>
<td>$135.5K</td>
<td align="right">15</td>
<td align="right">57</td>
</tr>
<tr>
<td>BLK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$198.0</td>
<td>$189.5</td>
<td>$192.35</td>
<td>$980.00</td>
<td>$134.6K</td>
<td align="right">15</td>
<td align="right">76</td>
</tr>
<tr>
<td>BLK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$194.6</td>
<td>$194.5</td>
<td>$194.21</td>
<td>$980.00</td>
<td>$116.5K</td>
<td align="right">15</td>
<td align="right">45</td>
</tr>
</tbody>
</table>

<h3>About BlackRock</h3>
BlackRock is the largest asset manager in the world, with $11.475 trillion in assets under management at the end of September 2024. Its product mix is fairly diverse, with 55% of managed assets in equity strategies, 26% in fixed income, 9% in multi-asset classes, 7% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the US and Canada.
In light of the recent options history for BlackRock, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of BlackRock</h3>
<ul>
<li>With a volume of 314,826, the price of BLK is down 0.0% at $1036.46. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 46 days.</li>
</ul>
<h3>What Analysts Are Saying About BlackRock</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 $1146.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Deutsche Bank has decided to maintain their Buy rating on BlackRock, which currently sits at a price target of $1133. 
&#x2A; Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for BlackRock, targeting a price of $1160. 
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 BlackRock options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Markets

A Closer Look at BlackRock's Options Market Dynamics

Investors with a lot of money to spend have taken a bearish stance on ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>).
And retail traders should know.
We noticed this today when the positions 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 NOW, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 36 options trades for ServiceNow.
This isn't normal.
The overall sentiment of these big-money traders is split between 16% bullish and 52%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $71,000, and 35, calls, for a total amount of $2,573,528.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $760.0 to $1400.0 for ServiceNow during the past quarter. 
<h3>Analyzing 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 ServiceNow'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 ServiceNow's whale activity within a strike price range from $760.0 to $1400.0 in the last 30 days. 
<h3>ServiceNow Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732566625_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 align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$67.0</td>
<td>$64.6</td>
<td>$67.0</td>
<td>$1080.00</td>
<td>$495.8K</td>
<td align="right">179</td>
<td align="right">1</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$20.3</td>
<td>$18.0</td>
<td>$19.2</td>
<td>$1280.00</td>
<td>$384.0K</td>
<td align="right">4</td>
<td align="right">0</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$25.6</td>
<td>$23.5</td>
<td>$23.5</td>
<td>$1080.00</td>
<td>$235.5K</td>
<td align="right">300</td>
<td align="right">101</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$64.3</td>
<td>$63.9</td>
<td>$64.27</td>
<td>$1000.00</td>
<td>$192.8K</td>
<td align="right">226</td>
<td align="right">32</td>
</tr>
<tr>
<td>NOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$43.7</td>
<td>$41.2</td>
<td>$41.2</td>
<td>$1070.00</td>
<td>$103.0K</td>
<td align="right">42</td>
<td align="right">28</td>
</tr>
</tbody>
</table>

<h3>About ServiceNow</h3>
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
After a thorough review of the options trading surrounding ServiceNow, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of ServiceNow</h3>
<ul>
<li>With a volume of 727,156, the price of NOW is up 0.7% at $1068.0. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 58 days.</li>
</ul>
<h3>Professional Analyst Ratings for ServiceNow</h3>
In the last month, 3 experts released ratings on this stock with an average target price of $1123.3333333333333.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Mizuho has decided to maintain their Outperform rating on ServiceNow, which currently sits at a price target of $1070. 
&#x2A; Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for ServiceNow, targeting a price of $1150. 
&#x2A; An analyst from Needham persists with their Buy rating on ServiceNow, maintaining a target price of $1150. 
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 ServiceNow, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Market Whales and Their Recent Bets on NOW Options

High-rolling investors have positioned themselves bullish on Cisco Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in CSCO often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for Cisco Systems. This is not a typical pattern.
The sentiment among these major traders is split, with 50% bullish and 37% bearish. Among all the options we identified, there was one put, amounting to $37,200, and 7 calls, totaling $886,972.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $55.0 to $65.0 for Cisco Systems over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Cisco Systems stands at 12398.25, with a total volume reaching 6,111.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Cisco Systems, situated within the strike price corridor from $55.0 to $65.0, throughout the last 30 days.
<h3>Cisco Systems 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732566620_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>CSCO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$8.0</td>
<td>$7.65</td>
<td>$8.0</td>
<td>$55.00</td>
<td>$320.0K</td>
<td>3.2K</td>
<td>400</td>
</tr>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$5.35</td>
<td>$5.3</td>
<td>$5.35</td>
<td>$55.00</td>
<td>$192.5K</td>
<td>17.4K</td>
<td>370</td>
</tr>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$0.38</td>
<td>$0.34</td>
<td>$0.34</td>
<td>$62.50</td>
<td>$143.6K</td>
<td>21.7K</td>
<td>4.1K</td>
</tr>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.19</td>
<td>$2.13</td>
<td>$2.19</td>
<td>$57.50</td>
<td>$109.5K</td>
<td>25.5K</td>
<td>785</td>
</tr>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$3.25</td>
<td>$3.2</td>
<td>$3.2</td>
<td>$57.50</td>
<td>$49.9K</td>
<td>2.1K</td>
<td>11</td>
</tr>
</tbody>
</table>

<h3>About Cisco Systems</h3>
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff-25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
<h3>Cisco Systems's Current Market Status</h3>
<ul>
<li>With a trading volume of 8,726,928, the price of CSCO is up by 0.03%, reaching $58.57.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 79 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Cisco Systems</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $63.8.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Showing optimism, an analyst from JP Morgan upgrades its rating to Overweight with a revised price target of $66. 
&#x2A; An analyst from Piper Sandler persists with their Neutral rating on Cisco Systems, maintaining a target price of $57. 
&#x2A; Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for Cisco Systems, targeting a price of $72. 
&#x2A; Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on Cisco Systems with a target price of $60. 
&#x2A; An analyst from Citigroup persists with their Buy rating on Cisco Systems, maintaining a target price of $64. 
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 Cisco Systems, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

CSCO

Looking At Cisco Systems's Recent Unusual Options Activity

Casinos and bookmakers in Great Britain will be forced to pay a £100m-a-year levy to fund research, education and treatment of gambling harms, under government plans to be announced as soon as this week.
Labour is understood to be poised to <a href="https://www.theguardian.com/society/article/2024/jul/21/labour-urged-to-follow-through-on-tories-promised-100m-gambling-levy">rubber-stamp the previous government's proposal</a> to do away with a voluntary system that allows industry operators to choose how much to donate to tackle damage caused by gambling and which organisations should receive the money.
<a href="https://www.theguardian.com/society/2024/nov/25/labour-poised-announce-ratify-100m-gambling-levy-addiction-charity#:~:text=Casinos%20and%20bookmakers%20in%20Great,as%20soon%20as%20this%20week" title="https://www.theguardian.com/society/2024/nov/25/labour-poised-announce-ratify-100m-gambling-levy-addiction-charity#:~:text=Casinos%20and%20bookmakers%20in%20Great,as%20soon%20as%20this%20week">https://www.theguardian.com/society/2024/nov/25/labour-poised-announce-ratify-100m-gambling-levy-addiction-charity#:~:text=Casinos%20and%20bookmakers%20in%20Great,as%20soon%20as%20this%20week</a>.

Macro Notification

General

DKNG

FLUT

Melco Resorts & Entertainment Limited - American Depositary Shares

MLCO

PENN

WYNN

'Labour poised to announce £100m levy on gambling companies' - The Guardian

The cryptocurrency XRP Token (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) from Ripple is soaring in price over the last week with a new filing for an XRP exchange-traded fund adding to<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42122141/xrp-price-up-8-what-is-going-on-with-ripple"> optimism for the crypto.</a>
What Happened: Asset manager WisdomTree<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42170669/wisdomtree-files-for-xrp-etf-trust-report"> filed to establish</a> a trust entity as part of a step towards launching a potential XRP ETF.
The move follows other companies like Bitwise that have filed to launch cryptocurrency ETFs.
With Bitcoin and Ethereum ETFs already approved, cryptocurrency experts see ETFs based on other top 10 cryptos by market capitalization like Solana, Dogecoin and XRP as the <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42011875/solana-ripple-litecoin-etfs-may-be-on-the-table-under-trump-administration-industry-experts-think">next to be approved.</a>
Ripple Labs, the issuer of <a href="https://www.benzinga.com/money/ripple-xrp-price-prediction">XRP</a>, has been involved in several regulatory issues with the U.S. Securities and Exchange Commission (SEC) previously, which could impact the approval of the ETFs and has also impacted the price of XRP in the past.
With SEC Chairman Gary Gensler<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42131449/with-gary-gensler-preparing-to-quit-in-2025-secs-crypto-cases-likely-to-quietly-go-away-amid-trumps-pro-bitcoin-stance-says-pantera-capitals-katrina-paglia"> set to resign</a> in January and a new pro-crypto White House administration potentially taking shape, some see past cases against cryptocurrency companies quietly going away.
In July 2023, Ripple received a favorable ruling in a <a href="https://www.benzinga.com/markets/cryptocurrency/23/07/33219187/major-victory-for-ripple-xrp-sales-not-classified-as-investment-contracts-judge-rules" target="_blank" rel="noreferrer noopener">case dating to 2020.</a>
U.S. District Judge Analisa Torres determined the sale of the XRP token by Ripple is not an offer of "investment contracts." The ruling came after Ripple spent a significant amount of money<a href="https://www.benzinga.com/markets/cryptocurrency/23/05/32272013/ripple-ceo-reveals-a-staggering-amount-spent-on-legal-battle-with-sec" target="_blank" rel="noreferrer noopener"> fighting claims that XRP was a security.</a>
Torres said that some assets can serve as an investment contract, including digital tokens. In the case of the XRP token, it is not a security, according to the ruling.
Alongside the ruling, the judge found Ripple's sales of XRP to institutions to be in violation of the Securities Act. This ruling could become a key item to watch for the cryptocurrency sector moving forward.
The case between the SEC and Ripple remains active, with the SEC appealing and having until January to submit additional filings.
Here's a look back at an investment in the XRP token when the lawsuit by the SEC was announced.
Read Also:<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41908812/if-you-invested-100-in-dogecoin-when-the-meme-coin-launched-heres-how-much-youd-have-today"> If You Invested $100 In Dogecoin When The Meme Coin Launched, Here&#8217;s How Much You&#8217;d Have Today</a>
If You Invested $1,000 in XRP:&nbsp;The XRP token hit a low of $0.41055 on Dec. 22, 2020, the day the charges were announced.
XRP would fall to a low of $0.1748 on Dec. 29, 2020, hitting new lows for the year. On that day, an investor could have purchased 5,720.82 XRP with $1,000.
The $1,000 investment would be worth $8,409.61 today, representing a gain of 741%.
The return of the hypothetical investment in XRP has outperformed the broader stock market.
The same $1,000 invested in the SPDR S&amp;P 500 ETF, which tracks the S&amp;P 500 Index, would be worth $1,594.15 today, representing a gain of 59.4%.
XRP has traded between $0.3911 to $1.62 over the last year, with the yearly high hit in the last week. The 36% weekly gain for XRP is the second largest among the top 10 cryptocurrencies by market capitalization, trailing only Cardano (+39%).
While XRP has seen a sharp rise in the last week, the cryptocurrency remains well off of its all-time high of $3.84, which was set in January 2018.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42146874/if-you-invested-1000-in-solana-when-sam-bankman-fried-was-arrested-heres-how-much-youd-have-today">If You Invested $1,000 In Solana When Sam Bankman-Fried Was Arrested, Here&#8217;s How Much You&#8217;d Have Today</a></li>
</ul>
This article was previously published by Benzinga and has been updated.

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

Cryptocurrency

Education

$XRP

If You Invested $1,000 In XRP Token When SEC Lawsuit Caused Mass Panic, Here's How Much You'd Have Today

WIIM

ALGM

APLD

ATGL

CMCM

COMM

CRNT

EVLV

FOXX

LIDR

LPTH

MYSZ

PSTG

RCAT

SHOP

SMCI

SOBR

VRAR

VUZI

ZEPP

Shares of companies within the broader tech sector are trading higher, with stocks rising amid a drop in yields. President-elect Trump nominated Scott Bessent as Treasury Secretary.

Hemp has long been a cornerstone of American industry, from its vital role in the Mayflower's journey to its symbolic importance in the fight for independence. As we celebrate Thanksgiving, it&#8217;s fitting to reflect on how this versatile crop helped build the foundation of the U.S., in the past as well as in the modern era. From the early days of colonial America to its potential role in today's economy, hemp continues to shape the story of American resilience and innovation.
<ul>
<li>Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter&nbsp;<a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. You can&#8217;t afford to miss out if you're serious about the business.</li>
</ul>
<h3 class="wp-block-heading">Hemp: From Sailcloth To Sovereignty</h3>
When the Mayflower set sail in 1620, carrying Pilgrims across the Atlantic, it relied on hemp, a material essential for survival and symbolic of resilience. <a href="https://www.benzinga.com/topic/hemp">Hemp's strength</a>, durability and water resistance made it crucial for crafting the ship&#8217;s sails, ropes and rigging, ensuring the ship could withstand the journey. 
The Pilgrims, English settlers who established Plymouth Colony in Massachusetts, brought knowledge of hemp cultivation from Europe, but their immediate focus was survival. It wasn't until the English government began encouraging hemp farming that its true importance was realized. As Ernest Abel (1980) notes, in 1611, King James I ordered hemp cultivation in Jamestown, Virginia, aiming to reduce reliance on imports. Over time, hemp became a critical crop for the colonies.
<h3 class="wp-block-heading">Hemp And Seeds Of Rebellion</h3>
As colonial America grew, hemp shifted from a practical crop to a symbol of resistance against British economic control. The Wool Act of 1699 banned exports of colonial wool and textiles, forcing reliance on British imports. Hemp offered a vital alternative, allowing colonists to secure materials and defy <a href="https://www.benzinga.com/topic/uk-cannabis">British trade</a> restrictions.
During the political unrest following the Stamp Act of 1765, the symbolic power of hemp grew. Families across the colonies began producing their textiles, including osnaburgs &#8211; a coarse linen made from hemp and flax. These homespun fabrics kept colonists warm during harsh winters and represented an act of rebellion against British control over colonial economies. 
George Washington himself championed the crop, producing over 1,300 yards of hemp and flax fabric annually at Mount Vernon by 1767. Soon, America's first innovators expanded hemp's use beyond textiles. It became legal tender in <a href="https://www.benzinga.com/topic/virginia-cannabis">Virginia </a>(1682), <a href="https://www.benzinga.com/topic/maryland-cannabis">Maryland </a>(1683) and <a href="https://www.benzinga.com/topic/pennsylvania-cannabis">Pennsylvania</a> (1706), strengthening local economies and reducing reliance on British currency.
In the northern colonies, where hemp was in high demand for shipbuilding, merchants purchased every available fiber. This material &#8211; essential for crafting ropes, sails and fishing nets &#8211; became the lifeblood of New England's maritime industries.
Read Also: <a href="https://www.benzinga.com/government/regulations/24/11/42068539/billion-dollar-strike-farm-bill-amendment-could-change-the-hemp-industry">Billion-Dollar Strike: Farm Bill Amendment Could Change The Hemp Industry</a>
<h3 class="wp-block-heading">Hemp In Maritime And Industrial Expansion</h3>
Ropewalks, factories dedicated to twisting <a href="https://www.benzinga.com/topic/hemp">hemp fibers</a> into ropes were first established in Salem in 1635 and later in Boston by 1642, when English rope maker John Harrison introduced advanced techniques. 
Early ropewalks were simple open fields with posts for twisting fibers, but they evolved into enclosed factories powered by steam engines. By the time of the American Revolution, <a href="https://www.benzinga.com/topic/massachusetts-cannabis">Boston</a> alone had 14 ropewalks, underscoring hemp's critical role in the colonies' economic infrastructure.
Despite its importance, hemp production often lagged behind demand due to its labor-intensive cultivation and processing requirements. Both George Washington and Thomas Jefferson, advocates of hemp farming, struggled to make it a profitable venture. The shortages of hemp fiber, especially in New England, highlighted the challenges of scaling production to meet industrial needs.
<h3 class="wp-block-heading">Centuries Later, Hemp Is Regulated Then Later Banned</h3>
By 1937, hemp was heavily regulated in the U.S. under the Marihuana Tax Act, making it difficult for farmers to produce. During World War II, the U.S. faced a significant decline in domestic hemp production due to the loss of foreign sources, such as the Philippines, which were under Japanese control. 
In response, the U.S. government initiated the War Hemp Program to ramp up domestic cultivation for <a href="https://www.benzinga.com/general/biotech/24/02/37271000/u-s-army-invests-1-9m-to-develop-hemp-manufactured-buildings-for-military-operations">military and industrial needs</a>. This program successfully increased hemp acreage to supply the materials necessary for the war effort, including ropes, uniforms and parachutes.
Hemp was then prohibited by the Controlled Substances Act of 1970, which classified it as a Schedule I controlled substance. This classification remained in place until the 2018 Farm Bill, which<a href="https://www.benzinga.com/markets/cannabis/24/10/41406637/top-5-cannabis-legalization-missteps-in-recent-u-s-history-a-selection"> legalized hemp </a>cultivation once again.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/11/41831831/no-middleman-no-markup-how-red-mesa-is-slashing-costs-with-around-the-clock-hemp-refinement">No Middleman, No Markup: How Red Mesa Is Slashing Costs With Around-The-Clock Hemp Refinement</a>
<h3 class="wp-block-heading">Hemp Belongs In America&#8217;s Industry </h3>
In the northern colonies, <a href="https://www.benzinga.com/topic/hemp">hemp</a> was once the foundation of thriving industries, creating jobs and driving American ingenuity. Today, hemp holds the <a href="https://www.benzinga.com/markets/cannabis/24/11/42041965/usda-extends-hemp-testing-flexibility-postpones-dea-lab-certification-rule">potential </a>to ignite the next great industrial revolution.
No longer limited to niche markets or the controversial world of <a href="https://www.benzinga.com/markets/cannabis/24/10/41382006/hemp-thrives-in-texas-shops-near-schools-why-this-company-bet-on-the-countrys-most-regulated-can" target="_blank" rel="noreferrer noopener">Delta-8 THC</a>, hemp can once again <a href="https://www.benzinga.com/markets/cannabis/24/10/41561269/texas-smoke-shop-owners-sue-dea-over-intimidation-and-bullying-tactics-in-raid-of-legal-retail-s">reclaim its place</a> among America's industry and agricultural sectors.
From textiles to bioplastics to advanced construction materials, hemp has always been part of the industrious spirit of the American Revolution, fueled by resourcefulness and hard work.
It&#8217;s time to strengthen American industry, one fiber at a time. 
Read Next: <a href="https://www.benzinga.com/markets/cannabis/24/10/41579897/exclusive-how-hemp-certifications-bridge-regulatory-gaps-while-debunking-myths">EXCLUSIVE: How Hemp Certifications Bridge Regulatory Gaps While Debunking Myths</a>

Cannabis

Government

Regulations

Emerging Markets

Politics

Exclusives

Hemp And Thanksgiving: From The Mayflower To Independence, The Crop That Helped Build A Nation

Cryptocurrency markets are trading lower on Monday, with Ethereum a notable outperformer.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>Gains +/-</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>&nbsp;$94,748.63</td>
<td>-1.6%</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td>
<td>&nbsp;$3,482.07</td>
<td>+4.7%</td>
</tr>
<tr>
<td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td>
<td>&nbsp;$240.19</td>
<td>-3.6%</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>&nbsp;$0.4052</td>
<td>-3.3%</td>
</tr>
<tr>
<td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>&nbsp;$0.00002568&nbsp;&nbsp;</td>
<td>+2.8%</td>
</tr>
</tbody>
</table>
</figure>
Notable Statistics:
<ul>
<li>IntoTheBlock data shows large transaction volume decreasing by 22% and daily active addresses falling by 8.4%. Transactions greater than $100,000 are down from 11,633 to  9,585 in a single day. Exchanges netflows are down by 96.4%.</li>
<li>Coinglass data reports 153,054 traders were liquidated in the past 24 hours for $439.64 million.</li>
</ul>
Notable Developments:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42170669/wisdomtree-files-for-xrp-etf-trust-report">WisdomTree Files For XRP ETF Trust: Report</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42166673/drug-cartels-use-tether-and-bitcoin-to-launder-millions-court-documents-reveal">Drug Cartels Use Tether And Bitcoin To Launder Millions, Court Documents Reveal</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42165734/bitcoin-etfs-registered-record-312-billion-net-inflows-last-week">Bitcoin ETFs Registered Record $3.12 Billion Net Inflows Last Week</a></li>
<li><a href="https://www.benzinga.com/24/11/42157756/firm-led-by-trumps-commerce-secretary-pick-howard-lutnick-reportedly-in-talks-for-a-multi-billion-dollar-bitcoin-lending-project-with-tether">Trump&#8217;s Commerce Secretary Pick Howard Lutnick-Led Firm In Talks For A Bitcoin Lending Project With Tether: Report</a></li>
</ul>
Top Gainers:
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price&nbsp;&nbsp;&nbsp;&nbsp;</td>
<td>Gains +/-</td>
</tr>
<tr>
<td>The Sandbox (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sand/usd">SAND</a>)</td>
<td>&nbsp;$0.728</td>
<td>+27.4%</td>
</tr>
<tr>
<td>Lido DAO (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">LDO</a>)</td>
<td>&nbsp;$1.71</td>
<td>+22.4%</td>
</tr>
<tr>
<td>Arbitrum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">ARB</a>)</td>
<td>&nbsp;$0.9422</td>
<td>+13.7%</td>
</tr>
</tbody>
</table>
</figure>
Trader Notes: With Bitcoin trading below the $95,000 mark, crypto trader Altcoin Sherpa humorously advised followers to "unsee this" in response to the price dip.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> I&#39;m just going to unsee this and pretend it doesn&#39;t exist <a href="https://t.co/73c7voS2Ml">pic.twitter.com/73c7voS2Ml</a>
&mdash; Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1861065978966114334?ref_src=twsrc%5Etfw">November 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Crypto chart analyst Ali Martinez compared the current bullish cycle to those of 2020 and 2017, <a href="https://x.com/ali_charts/status/1861082972901777633">predicting</a> that if historical patterns hold, the first significant correction (ranging from 15% to 30%) might not occur until Bitcoin reaches $135,000 to $159,000.
Rekt Capital highlighted that past Bitcoin cycles typically experienced major corrections six to seven weeks into price discovery: The 2013 cycle saw six weeks of upside before a correction in week seven, while seven weeks of gains followed by a 34% retrace in week eight in the 2017 cycle. Lastly, there were six weeks of rallying before a 16% pullback in the 2020/2021 cycle.
Rekt Capital <a href="https://x.com/rektcapital/status/1861101519073841355">noted</a> that Bitcoin is currently in week four, suggesting further upward momentum may occur before a significant correction, based on historical trends.
Meanwhile, The Cryptomist suggested targeting long positions around $82,000–$84,000 if Bitcoin loses its current trend.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> There will be dips in this market. I expect once we lose this trend we will see our first dip since <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> recent dildos. Lose trend and I will look for longs around $82k &#8211; $84k I suspect alts will also give you a discount. <a href="https://t.co/JQRiDSMsP4">https://t.co/JQRiDSMsP4</a> <a href="https://t.co/PLPVBbN7Xf">pic.twitter.com/PLPVBbN7Xf</a>
&mdash; The Cryptomist (@Thecryptomist) <a href="https://twitter.com/Thecryptomist/status/1861082560668803239?ref_src=twsrc%5Etfw">November 25, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42163156/why-bitcoins-rally-is-stalling-below-100000">Why Bitcoin&#8217;s Rally Is Stalling Below $100,000</a></li>
</ul>
Image: Shuterstock

$ARB

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$DOGE

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$SHIB

$SOL

Bitcoin, Dogecoin Dip, Ethereum Stays Green: Trader Predicts 'First Major BTC Correction' Only After One Key Level Hits

Realty Income's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/O#NYSE">O</a>) short percent of float has risen 12.04% since its last report. The company recently reported that it has 18.41 million shares sold short, which is 2.42% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.08 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Realty Income Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732565720_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Realty Income has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Realty Income's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Realty Income's peer group average for short interest as a percentage of float is 4.78%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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