Latest news for Piolax (OTC:PLXIF) Stock

Piolax Inc is an automobile-related product producer. The company through its subsidiaries engages in two businesses automobile-related product and medical-related products in the US, UK, China, Thailand, and Indonesia. Its product portfolio includes coil springs, flat springs, wire forms, metal and plastic fasteners and unit assembly parts. It also produces equipment's to serve the medical industry which includes spiral catheter, and stent.

Piolax Inc

<p>Shares of <strong>Salesforce, Inc. </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) have reversed off of resistance at the $268.60 level. This isn't a surprise. As you can see on the chart below, this level has been <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40579386/salesforce-gears-up-for-q2-will-earnings-validate-bullish-trend">important since December</a>.</p>
<p>Some price levels are more important than others. Salesforce clearly illustrates this. This is why it's our <a href="https://www.benzinga.com/topic/stock-of-the-day">Stock of the Day</a>.</p>
<p><figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="1021" height="567" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/29140819/Salesforce_chart.png" alt="" class="wp-image-521487" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/29140819/Salesforce_chart.png 1021w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/29140819/Salesforce_chart-300x167.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/29140819/Salesforce_chart-768x426.png 768w" sizes="(max-width: 1021px) 100vw, 1021px" /></figure></p>
<p>In the stock market, important price levels can switch back and forth between support and resistance. There is resistance around $268.60 because it was a support level in April and May. And it was support then because it was resistance in December.</p>
<p>Some of the people who bought Salesforce while it was at support came to think they made a mistake when the shares fell below their buying price. A number of these remorseful buyers decide to sell. But they don't want to lose money.</p>
<p>As a result, when the shares rally back up to their buying price they place sell orders. And if there are enough of these sell orders, it will create resistance like it did here. Support can turn into resistance because of buyer's remorse.</p>
<p><strong>Read Also:</strong> <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40627466/salesforce-beats-q2-earnings-6-analysts-raise-forecasts-for-this-under-appreciated-">Salesforce Beats Q2 Earnings, 6 Analysts Raise Forecasts For This &#8216;Under-Appreciated AI Winner&#8217;</a></p>
<p>The reason why the level was support was because it had previously been resistance.</p>
<p>People who sold Salesforce in December thought they had the right idea when the price headed lower soon after. But in January the stock broke this resistance and moved higher. When this happened a number of the people who sold came to regret their decisions to do so.</p>
<p>Many of these remorseful sellers decide to buy their shares back. But they will only do so if they can get them at the same prices they sold them for.</p>
<p>As a result, when the stock dropped back to their selling price they placed buy orders. There were enough of these buy orders to create support at the same level that had been resistance. Seller's remorse can turn resistance into support.</p>
<p>Savvy traders know which price levels are important. They can profit because they understand that when a stock reaches one of these levels, either support or resistance, there's a good chance that it will stage a reversal.</p>
<p><strong>Read Next:</strong> </p>
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40624107/traders-brace-for-feds-favorite-inflation-report-friday-july-price-pressures-expect">Traders Brace For Fed&#8217;s Favorite Inflation Report Friday: July Price Pressures Expected To Edge Higher</a></li>
</ul>
<p><em>Image: Shutterstock</em></p>


Technicals

Trading Ideas

Stock Of The Day: Salesforce Shares Reverse Off Of Resistance

AZUL

Azul Shares Resume Trade

<p>Financial giants have made a conspicuous bearish move on Lennar. Our analysis of options history for Lennar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) revealed 9 unusual trades.</p>
<p>Delving into the details, we found 22% of traders were bullish, while 66% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $116,680, and 6 were calls, valued at $613,209.</p>
<h3>Projected Price Targets</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $165.0 to $220.0 for Lennar during the past quarter. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>In today's trading context, the average open interest for options of Lennar stands at 2750.67, with a total volume reaching 15,044.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Lennar, situated within the strike price corridor from $165.0 to $220.0, throughout the last 30 days.</p>
<h3>Lennar Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724955376_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>LEN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$4.2</td>
<td>$4.0</td>
<td>$4.1</td>
<td>$195.00</td>
<td>$410.0K</td>
<td>11</td>
<td>1.0K</td>
</tr>
<tr>
<td>LEN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$9.5</td>
<td>$9.3</td>
<td>$9.5</td>
<td>$165.00</td>
<td>$58.9K</td>
<td>91</td>
<td>63</td>
</tr>
<tr>
<td>LEN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$20.5</td>
<td>$20.1</td>
<td>$20.1</td>
<td>$175.00</td>
<td>$42.2K</td>
<td>14.7K</td>
<td>1.1K</td>
</tr>
<tr>
<td>LEN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$20.5</td>
<td>$20.1</td>
<td>$20.1</td>
<td>$175.00</td>
<td>$40.3K</td>
<td>14.7K</td>
<td>1.0K</td>
</tr>
<tr>
<td>LEN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$4.2</td>
<td>$3.9</td>
<td>$4.19</td>
<td>$220.00</td>
<td>$40.2K</td>
<td>1.0K</td>
<td>5.1K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Lennar</h3>
<p>Lennar is one of the largest public homebuilders in the United States. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily and single-family for rent construction and has invested in numerous housing-related technology startups.</p>
<p>Following our analysis of the options activities associated with Lennar, we pivot to a closer look at the company's own performance.</p>
<h3>Present Market Standing of Lennar</h3>
<ul>
<li>Currently trading with a volume of 487,575, the LEN's price is up by 0.2%, now at $181.62. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 14 days.</li>
</ul>
<p>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 Lennar options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Options

Markets

Lennar Unusual Options Activity

<p>Deep-pocketed investors have adopted a bullish approach towards Home Depot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</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 HD usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Home Depot. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 50% leaning bullish and 37% bearish. Among these notable options, 2 are puts, totaling $179,390, and 6 are calls, amounting to $241,399.</p>
<h3>Predicted Price Range</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $350.0 to $490.0 for Home Depot over the recent three months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Home Depot's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Home Depot's substantial trades, within a strike price spectrum from $350.0 to $490.0 over the preceding 30 days.</p>
<h3>Home Depot 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724955371_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>HD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$121.85</td>
<td>$119.55</td>
<td>$119.56</td>
<td>$490.00</td>
<td>$119.5K</td>
<td style="text-align: right;">17</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>HD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$121.7</td>
<td>$119.65</td>
<td>$119.66</td>
<td>$490.00</td>
<td>$59.8K</td>
<td style="text-align: right;">17</td>
<td style="text-align: right;">15</td>
</tr>
<tr>
<td>HD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/06/24</td>
<td>$20.35</td>
<td>$20.0</td>
<td>$20.0</td>
<td>$350.00</td>
<td>$50.0K</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">55</td>
</tr>
<tr>
<td>HD</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/06/24</td>
<td>$20.1</td>
<td>$19.25</td>
<td>$19.7</td>
<td>$350.00</td>
<td>$49.2K</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">30</td>
</tr>
<tr>
<td>HD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/06/24</td>
<td>$5.85</td>
<td>$5.25</td>
<td>$5.25</td>
<td>$370.00</td>
<td>$42.0K</td>
<td style="text-align: right;">278</td>
<td style="text-align: right;">82</td>
</tr>
</tbody>
</table>
</p>
<h3>About Home Depot</h3>
<p>Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the US, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of Interline Brands in 2015 allowed Home Depot to enter the MRO business, which has been expanded through the tie-up with HD Supply (2020). The additions of the Company Store brought textiles to the lineup, and Redi Carpet added multifamily flooring, while the recent tie-up with SRS will help grow professional demand.</p>
<p>Having examined the options trading patterns of Home Depot, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Home Depot's Current Market Status</h3>
<ul>
<li>With a volume of 1,088,170, the price of HD is down -0.18% at $369.76. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 75 days.</li>
</ul>
<h3>What Analysts Are Saying About Home Depot</h3>
<p>In the last month, 5 experts released ratings on this stock with an average target price of $376.2.</p>
<ul>
<li>An analyst from JP Morgan persists with their Overweight rating on Home Depot, maintaining a target price of $400. </li>
<li>An analyst from Loop Capital persists with their Hold rating on Home Depot, maintaining a target price of $330. </li>
<li>An analyst from Truist Securities has decided to maintain their Buy rating on Home Depot, which currently sits at a price target of $396. </li>
<li>Maintaining their stance, an analyst from Telsey Advisory Group continues to hold a Market Perform rating for Home Depot, targeting a price of $360. </li>
<li>Consistent in their evaluation, an analyst from Truist Securities keeps a Buy rating on Home Depot with a target price of $395. </li>
</ul>
<p>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 Home Depot options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Unpacking the Latest Options Trading Trends in Home Depot

<p>Financial giants have made a conspicuous bearish move on Blackstone. Our analysis of options history for Blackstone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) revealed 8 unusual trades.</p>
<p>Delving into the details, we found 12% of traders were bullish, while 75% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $267,400, and 2 were calls, valued at $71,760.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $130.0 to $145.0 for Blackstone over the last 3 months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>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 Blackstone'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 Blackstone's whale trades within a strike price range from $130.0 to $145.0 in the last 30 days. </p>
<h3>Blackstone Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724955366_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>BX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$9.95</td>
<td>$8.65</td>
<td>$9.55</td>
<td>$130.00</td>
<td>$47.7K</td>
<td>264</td>
<td style="text-align: right;">201</td>
</tr>
<tr>
<td>BX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$9.75</td>
<td>$8.75</td>
<td>$9.5</td>
<td>$130.00</td>
<td>$47.5K</td>
<td>264</td>
<td style="text-align: right;">392</td>
</tr>
<tr>
<td>BX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$9.8</td>
<td>$9.55</td>
<td>$9.6</td>
<td>$130.00</td>
<td>$46.0K</td>
<td>264</td>
<td style="text-align: right;">101</td>
</tr>
<tr>
<td>BX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$8.7</td>
<td>$8.55</td>
<td>$8.7</td>
<td>$140.00</td>
<td>$45.2K</td>
<td>1.7K</td>
<td style="text-align: right;">52</td>
</tr>
<tr>
<td>BX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$8.75</td>
<td>$8.5</td>
<td>$8.7</td>
<td>$140.00</td>
<td>$42.6K</td>
<td>1.7K</td>
<td style="text-align: right;">101</td>
</tr>
</tbody>
</table>
</p>
<h3>About Blackstone</h3>
<p>Blackstone is the world's largest alternative-asset manager with $1.076 trillion in total asset under management, including $808.7 billion in fee-earning assets under management, at the end of June 2024. The company has four core business segments: private equity (25% of fee-earning AUM and 28% of base management fees), real estate (37% and 42%), credit and insurance (29% and 23%), and multi-asset investing (9% and 7%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).</p>
<p>In light of the recent options history for Blackstone, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Current Position of Blackstone</h3>
<ul>
<li>Currently trading with a volume of 1,353,442, the BX's price is up by 0.07%, now at $140.18. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 49 days.</li>
</ul>
<h3>What The Experts Say On Blackstone</h3>
<p>A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $140.0.</p>
<ul>
<li>An analyst from Redburn Atlantic downgraded its action to Neutral with a price target of $134. </li>
<li>An analyst from Deutsche Bank has decided to maintain their Buy rating on Blackstone, which currently sits at a price target of $146. </li>
</ul>
<p>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.</p>
<p>If you want to stay updated on the latest options trades for Blackstone, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Decoding Blackstone's Options Activity: What's the Big Picture?

Biotech

Macro Economic Events

News

Economics

General

AEMD

APDN

CMRX

GOVX

MRNA

TNXP

VRAX

CDC Says Clade I Mpox Outbreak Originating In Central Africa; Risk Of Mpox Coming Into U.S. Is Low; No Cases Of Clade I Mpox Have Been Reported In The U.S. At This Time; Best Protection Against Mpox Is Two Doses Of Jynneos Vaccine If Eligible; Working With Other U.S. Government Agencies & Partners On Strategy For Vaccination In Democratic Republic Of Congo

<p>Telsey Advisory Group  analyst Cristina Fernandez   maintains Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) with a Market Perform and raises the price target from $27 to $30.</p>


Price Target

Analyst Ratings

Telsey Advisory Group Maintains Market Perform on Foot Locker, Raises Price Target to $30

<p>Looking for broad exposure to the Industrials - Aerospace &amp; Defense segment of the equity market? You should consider the <strong>iShares U.S. Aerospace &amp; Defense ETF</strong> (BATS: <a class="ticker" href="https://www.benzinga.com/stock/ita#BATS">ITA</a>), a passively managed exchange traded fund launched on 05/01/2006.</p>
<p>Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors.</p>
<p>Sector ETFs also provide investors access to a broad group of companies in particular sectors that offer low risk and diversified exposure. Industrials - Aerospace &amp; Defense is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 1, placing it in top 6%.</p>
<h2>Index Details</h2>
<p>The fund is sponsored by Blackrock. It has amassed assets over $6.64 billion, making it one of the largest ETFs attempting to match the performance of the Industrials - Aerospace &amp; Defense segment of the equity market. ITA seeks to match the performance of the Dow Jones U.S. Select Aerospace &amp; Defense Index before fees and expenses.</p>
<p>The Dow Jones U.S. Select Aerospace &amp; Defense Index measures the performance of the aerospace and defense sector of the U.S. equity market.</p>
<h2>Costs</h2>
<p>When considering an ETF&#39;s total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal.</p>
<p>Annual operating expenses for this ETF are 0.40%, making it one of the cheaper products in the space.</p>
<p>It has a 12-month trailing dividend yield of 0.84%.</p>
<h2>Sector Exposure and Top Holdings</h2>
<p>Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund&#39;s holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.</p>
<p>This ETF has heaviest allocation in the Industrials sector--about 99.70% of the portfolio.</p>
<p>Looking at individual holdings, <strong>Ge Aerospace</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ge#NYSE">GE</a>) accounts for about 18.43% of total assets, followed by <strong>Rtx Corp</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rtx#NYSE">RTX</a>) and <strong>Boeing</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ba#NYSE">BA</a>).</p>
<p>The top 10 holdings account for about 76.93% of total assets under management.</p>
<h2>Performance and Risk</h2>
<p>Year-to-date, the iShares U.S. Aerospace &amp; Defense ETF return is roughly 15.22% so far, and it&#39;s up approximately 26.94% over the last 12 months (as of 08/29/2024). ITA has traded between $103.16 and $145.30 in this past 52-week period.</p>
<p>The ETF has a beta of 0.97 and standard deviation of 18.55% for the trailing three-year period, making it a medium risk choice in the space. With about 39 holdings, it has more concentrated exposure than peers.</p>
<h2>Alternatives</h2>
<p>IShares U.S. Aerospace &amp; Defense ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, ITA is a great option for investors seeking exposure to the Industrials ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well.</p>
<p><strong>SPDR S&amp;P Aerospace &amp; Defense ETF</strong> (ARCA:XAR) tracks S&amp;P Aerospace &amp; Defense Select Industry Index and the <strong>Invesco Aerospace &amp; Defense ETF</strong> (ARCA:PPA) tracks SPADE Defense Index. SPDR S&amp;P Aerospace &amp; Defense ETF has $2.30 billion in assets, Invesco Aerospace &amp; Defense ETF has $3.76 billion. XAR has an expense ratio of 0.35% and PPA charges 0.58%.</p>
<p><a href="https://www.zacks.com/stock/news/2328670/should-you-invest-in-the-ishares-u-s-aerospace-defense-etf-ita?cid=CS-BENZ-FT-sector_etf-2328670">To read this article on Zacks.com click here.</a></p>


Large Cap

Sector ETFs

ETFs

iShares Dow Jones US Aerospace & Defense Index Fund

Should You Invest in the iShares U.S. Aerospace & Defense ETF?

<p>Recent data from analytics firm <strong>CryptoQuant </strong>shows significant <strong>Bitcoin</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) wallet movements and altcoin correlations, potentially signaling shifts in market dynamics <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40628056/heres-why-bitcoin-ethereum-solana-are-so-boring-now-compared-to-2021">and investor sentiment</a>.</p>
<p><strong>What Happened</strong>: CryptoQuant&#8217;s <a href="https://cryptoquant.com/insights/quicktake/66d0150d008db53fc0cafa22-Wallet-movements-led-to-selling?utm_source=twitter&amp;utm_medium=sns&amp;utm_campaign=quicktake&amp;utm_content=xbtmanager">analysis</a> highlights substantial Bitcoin transfers from wallets of various ages over the past few days. On Aug. 27, transfers included 7,788 bitcoins aged 1-3 months and 75,228 bitcoins aged 3-6 months. </p>
<p>The following day saw movements of 19,067 bitcoins aged 1 week to 1 month, among others. </p>
<p>Aug. 29 witnessed transfers of 23,345 bitcoins aged 1 week to 1 month and 16,003 bitcoins aged 5-7 years.</p>
<p>These movements are concerning, as CryptoQuant notes, &#8220;When bitcoins that have remained dormant for a long time are moved, it&#8217;s usually in preparation for something, and you may see them used for selling.&#8221; </p>
<p>Such transfers, especially when timed strategically, can exert downward pressure on Bitcoin&#8217;s price.</p>
<p><figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/27091545/Benzinga-conference.gif" alt="Benzinga future of digital assets conference" class="wp-image-267246" /></a></figure></p>
<p><strong>Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40623075/bitcoin-ethereum-have-left-ftx-collapse-behind-but-microstrategy-has-outperformed-report">Bitcoin, Ethereum Have Left FTX Collapse Behind, But MicroStrategy Has Outperformed: Report</a></strong></p>
<p>Simultaneously, CryptoQuant&#8217;s <a href="https://cryptoquant.com/insights/quicktake/66cf4eb08e55b539742a3e2e-Analysis-of-Altcoins-Correlation-with-Bitcoin?utm_source=twitter&amp;utm_medium=sns&amp;utm_campaign=quicktake&amp;utm_content=joaowedson">examination</a> of altcoin correlations with Bitcoin presents a mixed picture. </p>
<p>Currently, altcoins are showing a positive correlation with Bitcoin, suggesting market alignment. </p>
<p>However, historical data indicates that negative correlations often precede market downturns. &#8220;Whenever the correlation turns red, it is a clear signal for investors to be cautious,&#8221; CryptoQuant warns.</p>
<p>Notably, altcoins like <strong>ChainLink</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/link/usd">LINK</a>) and <strong>Cardano</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ada/usd">ADA</a>) are demonstrating high correlations with Bitcoin, while others <strong>Binance Coin </strong>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>) show lower correlations. </p>
<p>Despite these variations, the overall positive correlation across altcoins suggests a market moving in unison with Bitcoin.</p>
<p>This data paints a complex picture of the crypto market. While the positive altcoin correlations might indicate short-term stability, the significant Bitcoin wallet movements could be a precursor to increased selling pressure. </p>
<p>Investors are advised to remain vigilant, as these indicators could signal potential market volatility in <a href="https://www.benzinga.com/money/bitcoin-price-prediction">the near future</a>.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40609870/sec-wants-to-stifle-creativity-with-latest-wells-notice-to-opensea-blockchain-industry-lea">SEC Wants To &#8216;Stifle Creativity&#8217; With Latest Wells Notice To OpenSea, Blockchain Industry Leaders Say</a></strong></li>
</ul>
<p><em>Image: Shutterstock</em></p>


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

Cryptocurrency

$ADA

$BNB

$BTC

$LINK

Bitcoin Whale Wallets Shuffle Their Coins: Is This Cause For Concern?

<p>Telsey Advisory Group  analyst Dana Telsey   maintains Victoria's Secret (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>) with a Market Perform and raises the price target from $24 to $27.</p>


VSCO

Telsey Advisory Group Maintains Market Perform on Victoria's Secret, Raises Price Target to $27

<p><a href="https://asia.nikkei.com/Business/Technology/Artificial-intelligence/Acer-aims-to-boost-AI-PCs-to-40-of-shipments-next-year">https://asia.nikkei.com/Business/Technology/Artificial-intelligence/Acer-aims-to-boost-AI-PCs-to-40-of-shipments-next-year</a></p>
<p>&nbsp;Taiwanese PC manufacturer Acer plans to sharply increase shipments of computers equipped with artificial intelligence features, Chairman and CEO Jason Chen told Nikkei.</p>
<p>Acer will raise the share of Copilot+ PCs among deliveries to 40% by the third quarter of 2025. Copilot+ is a&nbsp;class of PCs designed to run AI developed by Microsoft.</p>
<p><br />&nbsp;</p>


Global

ACEIY

'Acer Aims To Boost AI PCs To 40% Of Shipments Next Year; Price Of Copilot+ Models To Come Down As Chip Supplies Improve, CEO Says' - Nikkei Asia

<p>Launched on 06/12/2000, the <strong>iShares U.S. Consumer Discretionary ETF</strong> (ARCA:IYC) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Discretionary - Broad segment of the equity market.</p>
<p>Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors.</p>
<p>Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Consumer Discretionary - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 11, placing it in bottom 31%.</p>
<h2>Index Details</h2>
<p>The fund is sponsored by <strong>Blackrock</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/blk#NYSE">BLK</a>). It has amassed assets over $1.06 billion, making it one of the larger ETFs attempting to match the performance of the Consumer Discretionary - Broad segment of the equity market. IYC seeks to match the performance of the Dow Jones U.S. Consumer Services Index before fees and expenses.</p>
<p>The Russell 1000 Consumer Disc 40 Act 15/22.5 Daily Capped Index measures the performance of the consumer services sector of the U.S. equity market.</p>
<h2>Costs</h2>
<p>Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same.</p>
<p>Annual operating expenses for this ETF are 0.40%, making it one of the cheaper products in the space.</p>
<p>It has a 12-month trailing dividend yield of 0.62%.</p>
<h2>Sector Exposure and Top Holdings</h2>
<p>It is important to delve into an ETF&#39;s holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis.</p>
<p>This ETF has heaviest allocation in the Consumer Discretionary sector--about 68.90% of the portfolio. Telecom and Consumer Staples round out the top three.</p>
<p>Looking at individual holdings, Amazon Com Inc accounts for about 13.24% of total assets, followed by Tesla Inc and Home Depot Inc.</p>
<p>The top 10 holdings account for about 50.07% of total assets under management.</p>
<h2>Performance and Risk</h2>
<p>So far this year, IYC has gained about 9.43%, and was up about 20.46% in the last one year (as of 08/29/2024). During this past 52-week period, the fund has traded between $63.10 and $84.94.</p>
<p>The ETF has a beta of 1.16 and standard deviation of 22.22% for the trailing three-year period, making it a medium risk choice in the space. With about 182 holdings, it effectively diversifies company-specific risk.</p>
<h2>Alternatives</h2>
<p>IShares U.S. Consumer Discretionary ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, IYC is a reasonable option for those seeking exposure to the Consumer Discretionary ETFs area of the market. Investors might also want to consider some other ETF options in the space.</p>
<p><strong>Vanguard Consumer Discretionary ETF</strong> (ARCA:VCR) tracks MSCI US Investable Market Consumer Discretionary 25/50 Index and the <strong>Consumer Discretionary Select Sector SPDR ETF</strong> (ARCA:XLY) tracks Consumer Discretionary Select Sector Index. Vanguard Consumer Discretionary ETF has $5.55 billion in assets, Consumer Discretionary Select Sector SPDR ETF has $18.51 billion. VCR has an expense ratio of 0.10% and XLY charges 0.09%.</p>
<p><a href="https://www.zacks.com/stock/news/2328673/should-you-invest-in-the-ishares-u-s-consumer-discretionary-etf-iyc?cid=CS-BENZ-FT-sector_etf-2328673">To read this article on Zacks.com click here.</a></p>


Mid Cap

Dividends

iShares Trust Dow Jones USnsumer Services Sector Index Fund

Select Sector SPDR-Consumer Discretionary

Should You Invest in the iShares U.S. Consumer Discretionary ETF?

<p>During this quarter's earnings cycle, many companies have <a href="https://www.benzinga.com/topic/inflation">warned of cautious consumers due to high and persistent inflation. </a>And it's not just big-ticket items such as cars and furniture on which consumers are cutting back.</p>
<p><strong>J M Smucker Co</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJM#NYSE">SJM</a>), the parent company of Smucker's jelly and jams, warned that people are cutting back spending at convenience stores.<br /><br />Smucker's, which also owns the Jif peanut butter and Uncrustable brands, reported stronger-than-expected EPS in the company's first quarter, but the company's lower guidance and cautious commentary led to a sell-off in shares after the report.</p>
<p>Shares closed Wednesday's session down nearly 5%; on Thursday, shares were down 1.30% at $113.32 at publication.</p>
<p><strong>See Also: <a href="https://www.benzinga.com/news/earnings/24/08/40623595/dollar-general-q2-earnings-earnings-miss-slashed-outlook-and-shrinking-margins">Dollar General Q2 Earnings: Earnings Miss, Slashed Outlook And Shrinking Margins<br /></a></strong><a href="https://www.benzinga.com/news/earnings/24/08/40623595/dollar-general-q2-earnings-earnings-miss-slashed-outlook-and-shrinking-margins"><br /></a>Analysts adjusted their expectations on the packaged-food giant, with CitiGroup, BofA Securities and TD Cowen all lowering their price targets following the report. The company did highlight significant, double-digit growth in its Uncrustable brand, a packaged peanut butter and jelly sandwich found in the frozen section of grocery stores.<br /><br />But, in other areas such as coffee, executives at Smucker's highlighted higher input costs caused the company to raise prices, thus weakening sales.</p>
<p>If consumers continue to cut back on spending at convenience stores and on brand-name products, it could be a headwind for other food companies such as <strong>Mondelez International</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDLZ#NASDAQ">MDLZ</a>), <strong>Kraft Heinz </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KHC#NASDAQ">KHC</a>) and <strong>General Mills</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>).<br /><br />Thursday morning, <strong>Dollar General Corp</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DG#NYSE">DG</a>) <a href="https://www.benzinga.com/news/earnings/24/08/40623595/dollar-general-q2-earnings-earnings-miss-slashed-outlook-and-shrinking-margins">reported earnings</a> that came in below Wall Street estimates and warned of a &#8220;cash-strapped&#8221; customer, echoing the sentiment from Smucker's.</p>
<p>Price consumption expenditures data, the Federal Reserve's preferred gauge of inflation, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40624107/traders-brace-for-feds-favorite-inflation-report-friday-july-price-pressures-expect">will be released Friday morning and should shed more light on whether prices are rising or cooling.<br /><br /></a><strong>Read Next: <a href="https://www.benzinga.com/news/earnings/24/08/40602246/j-m-smucker-cuts-fy25-outlook-following-q1-earnings-read-why">J.M. Smucker Cuts FY25 Outlook Following Q1 Earnings: Read Why</a></strong></p>
<p><em>Photo: Shutterstock</em></p>


Equities

MDLZ

Inflation Is Eating Into Sales Of Companies Across The Board, Even This Household Food Name

<p>While &quot;the trend is your friend&quot; when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn&#39;t easy.</p>
<p>The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.</p>
<p>Investors looking to make a profit from stocks that are currently on the move may find our &quot;Recent Price Strength&quot; screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.</p>
<p>There are several stocks that passed through the screen:</p>
<h2>Recruit Holdings Co., Ltd.</h2>
<p>(OTC: <a class="ticker" href="https://www.benzinga.com/stock/rcrrf#OTC">RCRRF</a>) is one of them. Here are the key reasons why this stock is a solid choice for &quot;trend&quot; investing.</p>
<p>A solid price increase over a period of 12 weeks reflects investors&#39; continued willingness to pay more for the potential upside in a stock. RCRRF is quite a good fit in this regard, gaining 16.9% over this period.</p>
<p>However, it&#39;s not enough to look at the price change for around three months, as it doesn&#39;t reflect any trend reversal that might have happened in a shorter time frame. It&#39;s important for a potential winner to maintain the price trend. A price increase of 6.3% over the past four weeks ensures that the trend is still in place for the stock of this company.</p>
<p>Moreover, RCRRF is currently trading at 100% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.</p>
<p>Looking at the fundamentals, the stock currently carries a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock&#39;s near-term price movements.</p>
<p>The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.</p>
<p>Another factor that confirms the company&#39;s fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock&#39;s near-term price performance.</p>
<p>So, the price trend in RCRRF may not reverse anytime soon.</p>
<p><a href="https://www.zacks.com/stock/news/2328763/recruit-holdings-co-rcrrf-is-a-great-choice-for-trend-investors-here-s-why?cid=CS-BENZ-FT-tale_of_the_tape|recent_price_strength_screen-2328763">To read this article on Zacks.com click here.</a></p>


Earnings

RCRRF

Recruit Holdings Co. Is a Great Choice for 'Trend' Investors, Here's Why

<p><strong>MasterCraft Boat Holdings, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcft#NASDAQ">MCFT</a>) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items.</p>
<p>This quarterly report represents an earnings surprise of 81.82%. A quarter ago, it was expected that this sport boats maker would post earnings of $0.23 per share when it actually produced earnings of $0.37, delivering a surprise of 60.87%.</p>
<p>Over the last four quarters, the company has surpassed consensus EPS estimates four times.</p>
<p>MasterCraft Boat Holdings, Inc., which belongs to the Zacks Leisure and Recreation Products industry, posted revenues of $67.18 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 5.54%. This compares to year-ago revenues of $166.57 million. The company has topped consensus revenue estimates four times over the last four quarters.</p>
<p>The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.</p>
<p>MasterCraft Boat Holdings, Inc. Shares have lost about 12.3% since the beginning of the year versus the S&amp;P 500&#39;s gain of 17.2%.</p>
<h2>What&#39;s Next for MasterCraft Boat Holdings, Inc.</h2>
<p>While MasterCraft Boat Holdings, Inc. Has underperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?</p>
<p>There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.</p>
<p>Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.</p>
<p>Ahead of this earnings release, the estimate revisions trend for MasterCraft Boat Holdings, Inc. Unfavorable. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future.</p>
<p>It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.05 on $78 million in revenues for the coming quarter and $1.41 on $382.71 million in revenues for the current fiscal year.</p>
<p>Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Leisure and Recreation Products is currently in the bottom 7% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.</p>
<p>Another stock from the same industry, <strong>American Outdoor Brands, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aout#NASDAQ">AOUT</a>), has yet to report results for the quarter ended July 2024. The results are expected to be released on September 5.</p>
<p>This company is expected to post quarterly loss of $0.03 per share in its upcoming report, which represents a year-over-year change of -400%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.</p>
<p>American Outdoor Brands, Inc.&#39;s revenues are expected to be $40.5 million, down 6.8% from the year-ago quarter.</p>
<p><a href="https://www.zacks.com/stock/news/2328765/mastercraft-boat-holdings-inc-mcft-reports-q4-loss-tops-revenue-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2328765">To read this article on Zacks.com click here.</a></p>


Earnings Misses

Small Cap

AOUT

MCFT

MasterCraft Boat Holdings, Inc. Reports Q4 Loss, Tops Revenue Estimates

WIIM

CHPT

ChargePoint shares are trading higher after the company introduced an AI-powered driver support tool designed to diagnose and repair EV charging stations faster.

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>TeraWulf</strong>.</p>
<p>Looking at options history for TeraWulf (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>) we detected 9 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 77% of the investors opened trades with bullish expectations and 11% with bearish.</p>
<p>From the overall spotted trades, 5 are puts, for a total amount of $155,150 and 4, calls, for a total amount of $123,020.</p>
<h3>Projected Price Targets</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $4.5 to $10.0 for TeraWulf over the last 3 months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for TeraWulf's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of TeraWulf's whale activity within a strike price range from $4.5 to $10.0 in the last 30 days. </p>
<h3>TeraWulf Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724954509_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>WULF</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$1.9</td>
<td>$1.85</td>
<td>$1.85</td>
<td>$5.00</td>
<td>$37.0K</td>
<td>7.3K</td>
<td>221</td>
</tr>
<tr>
<td>WULF</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$0.7</td>
<td>$0.65</td>
<td>$0.65</td>
<td>$5.00</td>
<td>$32.6K</td>
<td>2.7K</td>
<td>1.0K</td>
</tr>
<tr>
<td>WULF</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$0.7</td>
<td>$0.65</td>
<td>$0.65</td>
<td>$5.00</td>
<td>$32.5K</td>
<td>2.7K</td>
<td>500</td>
</tr>
<tr>
<td>WULF</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$0.15</td>
<td>$0.1</td>
<td>$0.15</td>
<td>$10.00</td>
<td>$30.0K</td>
<td>11.4K</td>
<td>2.8K</td>
</tr>
<tr>
<td>WULF</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$0.65</td>
<td>$0.55</td>
<td>$0.6</td>
<td>$7.00</td>
<td>$30.0K</td>
<td>14.7K</td>
<td>528</td>
</tr>
</tbody>
</table>
</p>
<h3>About TeraWulf</h3>
<p>TeraWulf Inc is a digital asset technology company that is engaged in digital infrastructure and sustainable energy development. The company's primary focus is supporting environmentally conscious bitcoin mining operations by developing and operating facilities within the United States. The company's bitcoin mining facilities are powered by clean, affordable, and reliable energy sources. The company's primary source of revenue stems from the mining of bitcoin conducted at the company's mining facility sites. Additionally, the company occasionally generates revenue through the provision of miner hosting services to third-party entities.</p>
<p>Following our analysis of the options activities associated with TeraWulf, we pivot to a closer look at the company's own performance.</p>
<h3>Current Position of TeraWulf</h3>
<ul>
<li>Currently trading with a volume of 8,371,094, the WULF's price is up by 3.71%, now at $4.33. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 74 days.</li>
</ul>
<h3>Expert Opinions on TeraWulf</h3>
<p>A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $5.5.</p>
<ul>
<li>Consistent in their evaluation, an analyst from Rosenblatt keeps a Buy rating on TeraWulf with a target price of $5. </li>
<li>An analyst from B. Riley Securities has decided to maintain their Buy rating on TeraWulf, which currently sits at a price target of $6. </li>
</ul>
<p>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.</p>
<p>If you want to stay updated on the latest options trades for TeraWulf, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


WULF

Spotlight on TeraWulf: Analyzing the Surge in Options Activity

<p>Deep-pocketed investors have adopted a bullish approach towards Zscaler (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</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 ZS usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Zscaler. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 44% leaning bullish and 33% bearish. Among these notable options, 3 are puts, totaling $96,752, and 6 are calls, amounting to $296,168.</p>
<h3>Expected Price Movements</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $177.5 and $290.0 for Zscaler, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>In terms of liquidity and interest, the mean open interest for Zscaler options trades today is 542.78 with a total volume of 384.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Zscaler's big money trades within a strike price range of $177.5 to $290.0 over the last 30 days.</p>
<h3>Zscaler Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724954504_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>ZS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$10.0</td>
<td>$9.8</td>
<td>$10.0</td>
<td>$207.50</td>
<td>$96.0K</td>
<td>205</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>ZS</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$16.35</td>
<td>$15.65</td>
<td>$15.95</td>
<td>$195.00</td>
<td>$47.8K</td>
<td>1.1K</td>
<td style="text-align: right;">3</td>
</tr>
<tr>
<td>ZS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.99</td>
<td>$2.84</td>
<td>$2.99</td>
<td>$290.00</td>
<td>$45.4K</td>
<td>358</td>
<td style="text-align: right;">152</td>
</tr>
<tr>
<td>ZS</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$40.7</td>
<td>$39.45</td>
<td>$40.0</td>
<td>$190.00</td>
<td>$40.0K</td>
<td>55</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>ZS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$20.0</td>
<td>$19.65</td>
<td>$19.65</td>
<td>$200.00</td>
<td>$39.3K</td>
<td>250</td>
<td style="text-align: right;">20</td>
</tr>
</tbody>
</table>
</p>
<h3>About Zscaler</h3>
<p>Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler's offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.</p>
<p>Following our analysis of the options activities associated with Zscaler, we pivot to a closer look at the company's own performance.</p>
<h3>Current Position of Zscaler</h3>
<ul>
<li>Trading volume stands at 608,492, with ZS's price up by 2.6%, positioned at $199.02.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 5 days.</li>
</ul>
<h3>What The Experts Say On Zscaler</h3>
<p>3 market experts have recently issued ratings for this stock, with a consensus target price of $215.0.</p>
<ul>
<li>An analyst from Morgan Stanley persists with their Equal-Weight rating on Zscaler, maintaining a target price of $215. </li>
<li>An analyst from Cantor Fitzgerald downgraded its action to Neutral with a price target of $200. </li>
<li>Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Zscaler with a target price of $230. </li>
</ul>
<p>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.</p>
<p>If you want to stay updated on the latest options trades for Zscaler, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Zscaler Unusual Options Activity For August 29

<p>Financial giants have made a conspicuous bullish move on Texas Instruments. Our analysis of options history for Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) revealed 14 unusual trades.</p>
<p>Delving into the details, we found 42% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $408,101, and 7 were calls, valued at $4,807,631.</p>
<h3>Predicted Price Range</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $160.0 and $250.0 for Texas Instruments, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Texas Instruments's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Texas Instruments's substantial trades, within a strike price spectrum from $160.0 to $250.0 over the preceding 30 days.</p>
<h3>Texas Instruments 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724954499_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$9.85</td>
<td>$9.25</td>
<td>$9.55</td>
<td>$250.00</td>
<td>$3.6M</td>
<td style="text-align: right;">938</td>
<td>5.0K</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$9.5</td>
<td>$9.45</td>
<td>$9.45</td>
<td>$250.00</td>
<td>$653.9K</td>
<td style="text-align: right;">938</td>
<td>766</td>
</tr>
<tr>
<td>TXN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$9.45</td>
<td>$9.4</td>
<td>$9.45</td>
<td>$250.00</td>
<td>$342.1K</td>
<td style="text-align: right;">938</td>
<td>835</td>
</tr>
<tr>
<td>TXN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$11.45</td>
<td>$11.3</td>
<td>$11.45</td>
<td>$185.00</td>
<td>$130.5K</td>
<td style="text-align: right;">48</td>
<td>115</td>
</tr>
<tr>
<td>TXN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$9.6</td>
<td>$9.45</td>
<td>$9.5</td>
<td>$210.00</td>
<td>$95.0K</td>
<td style="text-align: right;">372</td>
<td>262</td>
</tr>
</tbody>
</table>
</p>
<h3>About Texas Instruments</h3>
<p>Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.</p>
<p>Having examined the options trading patterns of Texas Instruments, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Current Position of Texas Instruments</h3>
<ul>
<li>With a trading volume of 2,277,095, the price of TXN is up by 2.87%, reaching $213.71.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 54 days from now.</li>
</ul>
<h3>Expert Opinions on Texas Instruments</h3>
<p>Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $227.75.</p>
<ul>
<li>An analyst from Citigroup upgraded its action to Buy with a price target of $235. </li>
<li>Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Texas Instruments with a target price of $268. </li>
<li>In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Neutral, setting a price target of $210. </li>
<li>Consistent in their evaluation, an analyst from Truist Securities keeps a Hold rating on Texas Instruments with a target price of $198. </li>
</ul>
<p>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.</p>
<p>If you want to stay updated on the latest options trades for Texas Instruments, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Behind the Scenes of Texas Instruments's Latest Options Trends

<p>Across the recent three months, 4 analysts have shared their insights on BanColombia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIB#NYSE">CIB</a>), expressing a variety of opinions spanning from bullish to bearish.</p>
<p>The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $34.25, a high estimate of $36.00, and a low estimate of $32.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 4.2%. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724954471_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>An in-depth analysis of recent analyst actions unveils how financial experts perceive BanColombia. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ernesto Gabilondo</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$34.00</td>
<td>$38.00</td>
</tr>
<tr>
<td>Tito Labarta</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Sell</td>
<td>$32.00</td>
<td>$34.00</td>
</tr>
<tr>
<td>Yuri Fernandes</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$35.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>Yuri Fernandes</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Underweight</td>
<td>$36.00</td>
<td>$35.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to BanColombia. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of BanColombia compared to the broader market.</li>
<li><strong>Price Targets:</strong> Delving into movements, analysts provide estimates for the future value of BanColombia's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
<p>Capture valuable insights into BanColombia's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/CIB/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on BanColombia analyst ratings.</strong></a></p>
<h2>Delving into BanColombia's Background</h2>
<p>BanColombia SA is a financial services company. A conglomerate of financial institutions, BanColombia offers a wide range of product offerings and financial services, including loans to small and midsize enterprises and governments, leasing, factoring, and asset management. The company's operations are in Colombia, Panama, El Salvador, the United States of America, Puerto Rico, Bermuda, and Guatemala.</p>
<h3>Understanding the Numbers: BanColombia's Finances</h3>
<p><strong>Market Capitalization Analysis:</strong> Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Decline in Revenue:</strong> Over the 3 months period, BanColombia faced challenges, resulting in a decline of approximately <strong>-1.59%</strong> in revenue growth as of 30 June, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.</p>
<p><strong>Net Margin:</strong> The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of <strong>11.01%,</strong> the company showcases strong profitability and effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> BanColombia's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of <strong>2.04%,</strong> the company may face hurdles in achieving optimal financial returns.</p>
<p><strong>Return on Assets (ROA):</strong> BanColombia's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of <strong>0.22%,</strong> the company may encounter challenges in delivering satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> BanColombia's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of <strong>0.79</strong>.</p>
<h2>How Are Analyst Ratings Determined?</h2>
<p>Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.</p>
<p>Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


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