Latest news for Royal Bank of Canada (OTC:RBCPF) Stock

Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the US and other countries.

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ROYAL BK CDA PFD SHS BD by Royal Bank of Canada (Montreal, PQ)

Royal Bank of Canada

Acreage Holdings, Inc. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/ACRG#CSE">ACRG</a>, ACRG.B.U)) (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/ACRHF#OTCQX">ACRHF</a>, ACRDF)) said it anticipates that Canopy USA, LLC &#8211;Canopy Growth Corporation‘s (TSX:<a class="ticker" href="https://www.benzinga.com/stock/WEED#TSX">WEED</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>) strategy for capturing the U.S. cannabis market will complete its acquisition of Acreage by mid-December, 2024.
The move could leave holders of Acreage&#8217;s Class E shares (fixed shares) with nothing. That is, if Canopy&#8217;s stock price price remains below $5 when the deal closes, Acreage pointed out in a Monday press release.
<h3 class="wp-block-heading">Why?</h3>
The convertible note offering completed in June caused significant dilution of Acreage's fixed shares, leaving them without any worth at Canopy&#8217;s current share price.
"As a result of the material impact of the Offering it is anticipated that the current holders of Fixed Shares will receive zero value upon closing of the Acquisitions," Acreage said.
Canopy's shares traded 5.06% lower at $3.9401 per share at the time of writing on Tuesday morning. Acreage shares plunged more than 90% on Monday in reaction to the news.
The company also <a href="https://www.accesswire.com/946598/acreage-provides-update-on-corporate-transactions">said</a> holders of floating shares will get 0.045 of a Canopy share for each of their floating shares, which is a fixed exchange rate.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/06/39185620/acreage-announces-10m-private-placement-of-units-ahead-of-acquisition-by-canopy">Acreage Announces $10M Private Placement Of Units Ahead Of Acquisition By Canopy</a>
<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 <a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.</li>
</ul>
According to editor-in-chief of Cultivated Daily, Jeremy Berke, optimism around U.S. legalization of cannabis was imminent five years ago when the deal was announced.
"When the deal was announced, analysts, investors, and attorneys thought legalization in the US was right around the corner — and there would be millions to be made in fees for cross-border transactions," Berke <a href="https://www.cultivated.news/p/a-3-4-billion-deal-goes-to-zero">said</a>.
However, the anticipated boom in legalization and cross-border deals are still pending, leading to disappointment in the industry, he continued.
"Both US and Canadian companies have seen their valuations fall into the gutter as investors have looked to put their money elsewhere," Berke said, adding that Acreage was particularly hit by setbacks in the New York cannabis market in which it is substantially invested.
Acreage reported a 30% decrease in consolidated revenue in the third quarter and a wider net loss of s $22.2 million, up from a loss of $7.9 million in the previous year&#8217;s quarter. Adjusted EBITDA came in positive at $0.6 million, representing a drop from $6.6 million <a href="https://www.benzinga.com/24/11/42009069/canopy-growths-acquisition-target-acreage-reports-30-yoy-decline-in-q3-revenue-achieves-record-cannabis-wholesale-revenue-in-new-york">in the third quarter of 2023.</a>
<h3 class="wp-block-heading">Background</h3>
The Canadian cannabis giant first announced its plans to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/19/06/13951090/canopy-shareholders-approve-acreage-deal-legalization-in-focus">acquire</a> Acreage for $3.4 billion in 2019. Initially, the deal was to be undertaken should the U.S. legalize marijuana on a federal level. That deal was later restructured.
In 2022 Canopy Growth created a new U.S.-domiciled holding company, Canopy USA, LLC.
The move sought to streamline the company&#8217;s entry into the US market by allowing it to acquire Acreage as well as two other cannabis companies &#8211; Wana Brands and Jetty – while also holding a minority stake in TerrAscend. Corp.(TSX:<a class="ticker" href="https://www.benzinga.com/stock/TSND#TSX">TSND</a>) (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/TSNDF#OTCQX">TSNDF</a>),
Canopy USA <a href="https://www.benzinga.com/markets/cannabis/24/10/41251114/cannabis-giant-canopy-expands-us-presence-with-acquisition-of-top-edibles-brand-what-it-means-fo">completed</a> its acquisition of Wana in October, and roughly 75% of the shares of cannabis edibles producer, Lemurian, Inc. (Jetty) as <a href="https://www.benzinga.com/markets/cannabis/24/06/39166300/canopy-growth-doubles-down-on-its-usa-strategy-announces-exercise-of-acreage-options">announced in June 2024.</a>
Canopy Growth's newly appointed CEO Luc Mongeau, who succeeds David Klein effective Jan. 6, 2025, will continue his legacy by expanding the company's influence in the U.S.
"I am honored to lead Canopy Growth into this exciting next chapter, and I am confident that our vision, dedication to our consumers, and the commitment of our team members will continue to position us for long-term success and value creation," Mongeau <a href="https://www.benzinga.com/24/11/42190387/cannabis-giant-canopy-growth-names-next-ceo-heres-who-will-succeed-david-klein-amid-us-expansion">said in a Tuesday statement.</a>
Read Next:
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<li><a href="https://www.benzinga.com/markets/cannabis/24/11/42162875/canopy-growths-german-subsidiary-teams-up-with-portugals-gro-vida-to-expand-medical-cannabis-supply">Canopy Growth&#8217;s German Subsidiary Teams Up With Portugal&#8217;s Gro-Vida To Expand Medical Cannabis Supply</a></li>
</ul>

Cannabis

News

ACRDF

ACRHF

CSE:ACRG

TSNDF

TSX:TSND

TSX:WEED

WEED

Canopy USA's Acquisition Of Acreage Could Mean Staggering Losses For Some Shareholders

Elon Musk strongly disagreed with the current state of corporate America, saying there are &#8220;too many MBAs running companies,&#8221; which results in too much focus on money, meetings and PowerPoint presentations instead of making products that people love.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&quot;Too many MBAs ruining Companies, there&#39;s the MBA ization of America, which is not great, there should be more focus on the product or service, less time on board meetings, less time on powerpoint presentations, and more time on the factory floor and on customers&quot; -Elon Musk <a href="https://t.co/XAoiSChm5K">pic.twitter.com/XAoiSChm5K</a>
&mdash; SMX &#x1f1fa;&#x1f1f8; (@iam_smx) <a href="https://twitter.com/iam_smx/status/1804959224650510747?ref_src=twsrc%5Etfw">June 23, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Don't Miss:
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<li>The global games market is projected to generate $272B by the end of the year —<a href="https://www.benzinga.com/money/gameflip"> for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.</a></li>
<li>Groundbreaking trading app with a ‘Buy-Now-Pay-Later' feature for stocks tackles the $644 billion margin lending market –<a href="https://www.benzinga.com/money/wolfpack"> here&#8217;s how to get equity in it with just $100</a></li>
</ul>
<h2 class="wp-block-heading">Too Much Focus on Financials, Not Enough on Products</h2>
In a 2020 interview, Musk argued that many CEOs and top executives spend too much time calculating and <a href="https://www.benzinga.com/news/23/12/36337342/jeff-bezos-reveals-why-amazon-did-away-with-powerpoint-presentations-for-a-silent-start-meeting-stra">making fancy presentations</a>. Instead of worrying about financial numbers, Musk thinks leaders should get more involved in improving their products. He believes corporate America is too focused on making profits and keeping shareholders happy, which has made them forget the real goal of a business – to make great products or services. He even coined a phrase for this problem: &#8220;the MBA-ization of America.&#8221;
To Musk, financial success isn&#8217;t the starting point – it&#8217;s the result. He believes that companies should focus on creating &#8220;amazing&#8221; products and profits will naturally follow. Instead of focusing first on spreadsheets and <a href="https://www.benzinga.com/news/earnings/24/10/41513078/us-stocks-set-to-open-higher-as-teslas-strong-profit-margins-win-over-wall-street-wharton-economist">profit margins</a>, Musk encourages leaders to think about the customer experience. &#8220;Is your product as awesome as it could be? Probably not,&#8221; he says, challenging executives to rethink their priorities.
A business exists to take resources and turn them into something more valuable. The only way to ensure that value is by focusing on the quality of the product itself. Hence, if the product is amazing, profit will come as a byproduct.
See Also: Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a>
<h2 class="wp-block-heading">Less Time in Meetings, More Time With Customers</h2>
Musk has simple advice for CEOs and corporate leaders: &#8220;Spend less time in conference rooms, less time on PowerPoint … and more time on the factory floor.&#8221; He literally means this as he famously slept on the factory floor to stay close to the action and understand what was happening with production. He believes leaders need to be closer to where the actual work is happening and should spend more time understanding what customers want.
In his eyes, CEOs should be out there, talking to customers, seeing the product firsthand and getting involved in the nitty-gritty details. This is how they can ensure the product is as good as it can be – not by sitting in endless meetings or tweaking a financial forecast.
Many executives think innovation has to be flashy or game-changing, but Musk says that even small upgrades can significantly increase a product&#8217;s value to customers.
Read Next:
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<li>If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/money/arrived-private-credit-fund">7-9% target yield with monthly dividends would you invest in it</a>?</li>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Last Chance to get 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
</ul>

Startups

'Too Many MBAs Running Companies,' Elon Musk Once Claimed, Encouraging More Time On Creating 'Amazing' Products

WIIM

LESL

Leslie's shares are trading lower after Baird and Telsey Advisory Group cut their respective price targets on the stock.

Shares of TOYO Co., Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOYO#NASDAQ">TOYO</a>) are on the rise Tuesday after the company announced a $150 million contract to supply solar cells to a solar module manufacturer. Here is <a href="https://www.benzinga.com/quote/TOYO/news">what you need to know.</a>
What To Know: The contract, valued at $150 million, will see TOYO supply solar cells to the manufacturer's production facilities in India and the United States. TOYO will use its manufacturing sites in Vietnam and Ethiopia to produce solar cells, to improve the efficiency and performance of solar modules.
Junsei Ryu, CEO and Chairman of TOYO said that the contract is critical to establish TOYO as a key supplier in the solar energy market. The company aims to support the solar module manufacturer in meeting sustainability targets by providing advanced solar cell technology.
The company expects the agreement to increase its production capacity and strengthen its position in the renewable energy sector. The company is focusing on becoming a full-service provider in the solar supply chain, covering the production of silicon wafers, solar cells and photovoltaic modules.
&#8220;We are excited to partner with a highly respected player in the solar industry,&#8221; said Mr. Ryu. &#8220;This contract marks a major milestone for positioning TOYO as a key supplier in the solar energy market. Our advanced solar cells are designed to deliver superior efficiency and performance, helping our customer meet their sustainability goals and drive the adoption of solar energy worldwide.&#8221;
TOYO Price Action: Toyo Co. shares were up 70.0% at $4.93 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard">Benzinga pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://benzinga.slack.com/archives/D072651PB4K/p1727794380964569"><img loading="lazy" decoding="async" width="1024" height="531" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26120316/TOYO-1024x531.png" alt="" class="wp-image-665894" style="width:504px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26120316/TOYO-1024x531.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26120316/TOYO-300x156.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26120316/TOYO-768x398.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26120316/TOYO.png 1170w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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<li><a href="https://www.benzinga.com/24/11/42194964/tesla-expands-in-china-partners-with-over-400-local-suppliers-report">Tesla Expands In China, Partners With Over 400 Local Suppliers: Report</a></li>
</ul>
Image Via Shutterstock.

Movers

TOYO

TOYO CO. Shares Are Trading Higher Today: What's Going On?

Trading Ideas

CIMG Shares Halted On Circuit Breaker To The Upside, Stock Now Up 146%

SANW

S&W Seed shares are trading higher after Lake Street maintained a Buy rating on the stock and raised its price target from $10 to $35.

MLSS

Milestone Scientific shares are trading higher after the company announced it secured a federal supply schedule contract for its CompuFlo Epidural System.

TD Cowen analyst Joseph Giordano maintains Symbotic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) with a Buy and raises the price target from $43 to $50.

Price Target

Analyst Ratings

TD Cowen Maintains Buy on Symbotic, Raises Price Target to $50

Cannabis stocks have faced significant <a href="https://www.benzinga.com/24/11/42125955/cannabis-stocks-feel-the-burn-as-gaetz-bows-out-msos-in-focus">challenges</a> recently, driven by <a href="https://www.benzinga.com/markets/cannabis/24/11/41782344/tilray-trulieve-and-other-cannabis-stocks-nosediving-as-industry-faces-new-wave-of-political-unc">political uncertainty</a> that has further weighed on a sector still struggling to regain its footing since the overhyped all-time highs of 2021. 
To help investors navigate the long-term outlook for key <a href="https://www.benzinga.com/topic/marijuana-stocks">cannabis companies</a>, we are introducing a series of in-depth technical analyses, focusing on actionable insights from technical indicators to support informed financial decisions.
After analyzing Canadian cannabis giant <a href="https://www.benzinga.com/markets/cannabis/24/11/42127287/whats-happening-with-canopy-growth-is-it-time-to-buy">Canopy Growth</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>), it's time to turn our attention to another heavyweight: Aurora Cannabis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACB#NASDAQ">ACB</a>). 
Based in Alberta, Aurora remains a key player in the sector and a major contender for Canopy. So, grab a seat as we dive into the technical setup and explore what the future might hold for this heavy-weight cannabis company.
We will use Fibonacci Retracement, a popular tool in technical analysis that helps traders identify key levels where a stock might reverse or stabilize. In Aurora's case, the tool is applied from the March low of $2.7 to the April high of $8.96. In the case of Canopy, the starting point was May.
<h3 class="wp-block-heading">For Mid-Term Traders And Holders</h3>
These levels highlight critical zones where buyer or seller momentum tends to shift.
<ul>
<li>Current Support: Aurora is hovering around the&nbsp;78.6% retracement level at $4.16: the "final line of defense" for bulls.</li>
<li>Resistance Ahead: If this support holds, the next key levels are&nbsp;$5.26 (61.8%)&nbsp;and&nbsp;$6.04 (50%), which could act as mid-term targets.</li>
<li>Breaking above $6.04 would indicate stronger bullish momentum and possibly a trend reversal.</li>
</ul>
For short-term traders, $5.26 is a natural profit-taking zone, while holders might look for sustained moves above $6.04 as a sign of long-term recovery. 
If the price falls below $4.16, the next significant support lies near $2.7, the March low, which would invalidate the bullish scenario.
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="395" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26114152/ACB-cannabis-Fibo-1024x395.png" alt="Aurora Stock" class="wp-image-665843" style="width:695px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26114152/ACB-cannabis-Fibo-1024x395.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26114152/ACB-cannabis-Fibo-300x116.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26114152/ACB-cannabis-Fibo-768x296.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26114152/ACB-cannabis-Fibo-1536x592.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/26114152/ACB-cannabis-Fibo.png 1805w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Chart <a href="https://pro.benzinga.com/dashboard">created using Benzinga Pro</a>
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/11/42127287/whats-happening-with-canopy-growth-is-it-time-to-buy">What&#8217;s Happening With Canopy Growth: Is It Time To Buy?</a>
<h3 class="wp-block-heading">For Daily Traders </h3>
If you look for recent price action in the daily chart you&#8217;ll see signs of rebounding momentum as a bullish divergence&nbsp;is emerging. While the stock has been printing lower lows, the Relative Strength Index (RSI) has shown&nbsp;higher lows. This divergence suggests weakening selling pressure and the potential for a rebound.
<ul>
<li>Validation Point: A break above $5.26, accompanied by rising RSI, would confirm the divergence and support a recovery.</li>
<li>Invalidation Point: A fall below $4.16 would negate the divergence and signal continued downward pressures</li>
</ul>
Beware that divergences alone are not foolproof. They require confirmation through price action, volume or additional indicators like moving averages or candlestick patterns. Without these, the divergence may fail and the downtrend could continue.
<h3 class="wp-block-heading">Fundamentals: A Stock Trading Below Book Value</h3>
Beyond the charts, Aurora Cannabis has interesting fundamentals. With&nbsp;quarterly total assets of $808.77 million&nbsp;and a book value per share of $7.10, the company's stock trades significantly below its intrinsic value. This could indicate an undervalued opportunity for long-term investors willing to weather the volatility.
For now, traders should watch price action near $4.16 and $5.26, while holders may see a more compelling story above $6.04. Both groups should keep an eye on volume, which can confirm whether the bulls are stepping back in.
DISCLAIMER: The content of this article is not financial or investment advice and does not constitute an offer or solicitation to offer or recommendation of any investment product. The author holds no position on the mentioned stocks. 
<ul>
<li>Read Next: <a href="https://www.benzinga.com/markets/cannabis/24/11/41782344/tilray-trulieve-and-other-cannabis-stocks-nosediving-as-industry-faces-new-wave-of-political-unc">Tilray, Trulieve And Other Cannabis Stocks Nosediving As Industry Faces New Wave Of Political Uncertainty</a></li>
</ul>
COVER: AI-generated image

Small Cap

Markets

Aurora Cannabis Stock Analysis: Key Levels And Trading Opportunities

NCTY

The9 shares are trading higher after forming a strategic alliance with NIP Group to transform "MIR M" into a competitive esports game for a global audience.

American Woodmark Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMWD#NASDAQ">AMWD</a>) shares are trading lower on Tuesday. The company reported second-quarter net sales of $452.5 million, which missed<a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/b42184811/american-woodmark-corporation-announces-second-quarter-results-and-a-125-million-stock-repurchase-" rel="noreferrer noopener"> the consensus of&nbsp;$458.29 million</a>.
Adjusted EBITDA decreased 16.8% year over year to $60.2 million, with a margin of 13.3% vs. 15.3% a year ago quarter. Adjusted EPS of $2.08 missed <a href="https://www.benzinga.com/earnings" target="_blank" rel="noreferrer noopener">the street view of $2.37</a>.
As of October 31, 2024, the company held $56.7 million in cash and had $313.2 million available under its revolving credit facility.
In the six months of fiscal 2025, the company generated $52.7 million in cash from operating activities and achieved free cash flow of $30.1 million.
In the second quarter, the company purchased $17.7 million in transferable renewable energy tax credits to offset corporate income tax liabilities, with utilization planned for the fourth fiscal quarter of 2025.
In the quarter, the company repurchased 348,877 shares for $32.5 million. As of October 31, $33.0 million remained under the existing stock repurchase authorization.
On November 20, 2024, the Board approved an additional $125 million stock repurchase program, supplementing the previous authorization from November 29, 2023.
Outlook: American Woodmark expects FY25 net sales to decline in the low single digits and revised adjusted EBITDA forecast to $225 million&nbsp;&#8211;&nbsp;$235 million from the prior view of $225 million&nbsp;&#8211; $245 million. The company said it expects the <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">demand trends to remain challenging.</a>
&#8220;Despite macro-economic housing headwinds, our teams remain dedicated and focused on controlling our discretionary spend and focusing on operational improvements. When the macro-housing conditions improve, we&#8217;ll be strongly positioned in the marketplace,&#8221; said Paul Joachimczyk, Senior Vice President and Chief Financial Officer.
Price Action: AMWD shares are down 7.30% at $93.50 at the last check Tuesday.
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Photo via Shutterstock.

Earnings

Equities

Guidance

Buybacks

AMWD

American Woodmark Misses On Q2 Earnings And Sales As Housing Market Headwinds Take A Toll

Shares of automakers including Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and Stellantis N.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) are trading lower Tuesday after President-elect Donald Trump threatened tariffs on goods imported <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42189225/trump-threatens-25-tariffs-on-canada-mexico-until-invasion-is-stopped-but-polymarket-traders-arent-convinced">from Canada and Mexico</a>.
What To Know: Trump indicated he could put 25% tariffs on imports from Canada and Mexico, sending automotive stocks lower Tuesday morning as the automotive industry has relied on the countries for lower-cost production, according to <a href="https://www.cnbc.com/2024/11/26/gm-stellantis-shares-fall-on-trump-tariff-threat-for-mexico-canada.html">CNBC</a>.
The report highlights UBS data showing the automotive industry accounts for more than a quarter of all imports from Mexico to the U.S., and about 12% from Canada. U.S. automakers have reportedly relied heavily on Mexico and Canada for production since the North American Free Trade Agreement became effective in 1994.
Ford shares were down about 2.19% at last check, while GM shares were down about 8.40% and Stellantis shares were off by about 5.42%.
Check This Out: <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42194139/consumer-confidence-hits-2-year-high-as-recession-fears-fade-stock-market-optimism-soars-to-record-high">Consumer Confidence Hits 2-Year High As Recession Fears Fade: Stock Market Optimism Soars To Record High</a>
The report indicates that GM and Stellantis make some of their most profitable pickup trucks in Mexico. GM reportedly has five large assembly factories in Mexico and Canada expected to produce 1 million vehicles this year, and Stellantis has four major factories in the countries.
Trump reportedly said he will use an executive order to put 25% tariffs on imported goods. CNBC reported that the tariffs are being viewed as more aggressive than what most were expecting, but analysts see the move as creating leverage for upcoming negotiations.
"We view [the] announcement as largely negotiation tactics (as seen in 2016), and see such magnitude of tariffs unlikely,&#8221; Barclays analyst Dan Levy reportedly said in a note late Monday.
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Photo: Shutterstock.

Global

STLA

General Motors, Stellantis Lead Automaker Stock Declines As Trump Proposes Aggressive Tariffs On Mexico, Canada

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Industrials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ACHR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$7.00</td>
<td>$28.4K</td>
<td>14.5K</td>
<td align="right">978</td>
</tr>
<tr>
<td>RKLB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$20.00</td>
<td>$80.6K</td>
<td>5.9K</td>
<td align="right">552</td>
</tr>
<tr>
<td>JOBY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$5.50</td>
<td>$39.0K</td>
<td>12.4K</td>
<td align="right">239</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$130.00</td>
<td>$206.0K</td>
<td>4</td>
<td align="right">200</td>
</tr>
<tr>
<td>RDW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$10.00</td>
<td>$38.0K</td>
<td>1.0K</td>
<td align="right">107</td>
</tr>
<tr>
<td>WM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>04/17/25</td>
<td>$230.00</td>
<td>$39.2K</td>
<td>206</td>
<td align="right">76</td>
</tr>
<tr>
<td>HTZ</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$30.00</td>
<td>$126.5K</td>
<td>23</td>
<td align="right">50</td>
</tr>
<tr>
<td>BA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$140.00</td>
<td>$38.4K</td>
<td>1.0K</td>
<td align="right">45</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$480.00</td>
<td>$38.8K</td>
<td>7</td>
<td align="right">43</td>
</tr>
<tr>
<td>VRT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$70.00</td>
<td>$60.8K</td>
<td>2.9K</td>
<td align="right">32</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For ACHR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>), we notice a call option trade that happens to be neutral, expiring in 416 day(s) on January 16, 2026. This event was a transfer of 98 contract(s) at a $7.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $290.0 per contract. There were 14506 open contracts at this strike prior to today, and today 978 contract(s) were bought and sold. 
• Regarding RKLB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), we observe a call option sweep with bearish sentiment. It expires in 52 day(s) on January 17, 2025. Parties traded 109 contract(s) at a $20.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $80.6K, with a price of $740.0 per contract. There were 5995 open contracts at this strike prior to today, and today 552 contract(s) were bought and sold. 
• For JOBY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>), we notice a call option trade that happens to be bearish, expiring in 52 day(s) on January 17, 2025. This event was a transfer of 150 contract(s) at a $5.50 strike. The total cost received by the writing party (or parties) was $39.0K, with a price of $260.0 per contract. There were 12415 open contracts at this strike prior to today, and today 239 contract(s) were bought and sold. 
• Regarding UAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), we observe a call option sweep with bullish sentiment. It expires in 388 day(s) on December 19, 2025. Parties traded 200 contract(s) at a $130.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $206.0K, with a price of $1030.0 per contract. There were 4 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold. 
• For RDW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDW#NYSE">RDW</a>), we notice a call option trade that happens to be bearish, expiring in 24 day(s) on December 20, 2024. This event was a transfer of 100 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $38.0K, with a price of $380.0 per contract. There were 1051 open contracts at this strike prior to today, and today 107 contract(s) were bought and sold. 
• Regarding WM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WM#NYSE">WM</a>), we observe a call option trade with neutral sentiment. It expires in 142 day(s) on April 17, 2025. Parties traded 37 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $39.2K, with a price of $1060.0 per contract. There were 206 open contracts at this strike prior to today, and today 76 contract(s) were bought and sold. 
• Regarding HTZ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>), we observe a put option trade with neutral sentiment. It expires in 416 day(s) on January 16, 2026. Parties traded 50 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $126.5K, with a price of $2531.0 per contract. There were 23 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold. 
• Regarding BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we observe a call option trade with bearish sentiment. It expires in 115 day(s) on March 21, 2025. Parties traded 19 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $38.4K, with a price of $2025.0 per contract. There were 1099 open contracts at this strike prior to today, and today 45 contract(s) were bought and sold. 
• For DE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), we notice a put option sweep that happens to be bearish, expiring in 52 day(s) on January 17, 2025. This event was a transfer of 16 contract(s) at a $480.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $38.8K, with a price of $2430.0 per contract. There were 7 open contracts at this strike prior to today, and today 43 contract(s) were bought and sold. 
• For VRT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>), we notice a call option trade that happens to be bullish, expiring in 52 day(s) on January 17, 2025. This event was a transfer of 10 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $60.8K, with a price of $6080.0 per contract. There were 2923 open contracts at this strike prior to today, and today 32 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

ACHR

JOBY

RKLB

10 Industrials Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$350.00</td>
<td>$29.6K</td>
<td>19.0K</td>
<td>42.9K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/06/24</td>
<td>$212.50</td>
<td>$26.6K</td>
<td>1.6K</td>
<td>11.4K</td>
</tr>
<tr>
<td>HSAI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$7.50</td>
<td>$42.4K</td>
<td>25</td>
<td>3.9K</td>
</tr>
<tr>
<td>KSS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$17.50</td>
<td>$57.1K</td>
<td>585</td>
<td>1.1K</td>
</tr>
<tr>
<td>HD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$375.00</td>
<td>$35.7K</td>
<td>148</td>
<td>728</td>
</tr>
<tr>
<td>LCID</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$4.50</td>
<td>$81.4K</td>
<td>688</td>
<td>348</td>
</tr>
<tr>
<td>MBLY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$20.00</td>
<td>$50.3K</td>
<td>6.1K</td>
<td>323</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$33.00</td>
<td>$48.8K</td>
<td>10</td>
<td>210</td>
</tr>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$70.00</td>
<td>$166.4K</td>
<td>1.5K</td>
<td>106</td>
</tr>
<tr>
<td>VFC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$25.00</td>
<td>$32.5K</td>
<td>103</td>
<td>50</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on November 29, 2024. This event was a transfer of 74 contract(s) at a $350.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $29.6K, with a price of $400.0 per contract. There were 19029 open contracts at this strike prior to today, and today 42945 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on December 6, 2024. Parties traded 200 contract(s) at a $212.50 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $26.6K, with a price of $133.0 per contract. There were 1680 open contracts at this strike prior to today, and today 11456 contract(s) were bought and sold. 
• For HSAI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>), we notice a call option trade that happens to be bearish, expiring in 24 day(s) on December 20, 2024. This event was a transfer of 303 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $42.4K, with a price of $140.0 per contract. There were 25 open contracts at this strike prior to today, and today 3919 contract(s) were bought and sold. 
• Regarding KSS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>), we observe a put option trade with bullish sentiment. It expires in 142 day(s) on April 17, 2025. Parties traded 141 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $57.1K, with a price of $405.0 per contract. There were 585 open contracts at this strike prior to today, and today 1149 contract(s) were bought and sold. 
• Regarding HD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>), we observe a put option sweep with bearish sentiment. It expires in 87 day(s) on February 21, 2025. Parties traded 140 contract(s) at a $375.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $35.7K, with a price of $255.0 per contract. There were 148 open contracts at this strike prior to today, and today 728 contract(s) were bought and sold. 
• Regarding LCID (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>), we observe a put option sweep with bullish sentiment. It expires in 115 day(s) on March 21, 2025. Parties traded 348 contract(s) at a $4.50 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $81.4K, with a price of $234.0 per contract. There were 688 open contracts at this strike prior to today, and today 348 contract(s) were bought and sold. 
• For MBLY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>), we notice a call option sweep that happens to be bullish, expiring in 87 day(s) on February 21, 2025. This event was a transfer of 200 contract(s) at a $20.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $50.3K, with a price of $252.0 per contract. There were 6151 open contracts at this strike prior to today, and today 323 contract(s) were bought and sold. 
• For JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we notice a call option sweep that happens to be bearish, expiring in 142 day(s) on April 17, 2025. This event was a transfer of 94 contract(s) at a $33.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $48.8K, with a price of $520.0 per contract. There were 10 open contracts at this strike prior to today, and today 210 contract(s) were bought and sold. 
• For ETSY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), we notice a put option sweep that happens to be bearish, expiring in 115 day(s) on March 21, 2025. This event was a transfer of 104 contract(s) at a $70.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $166.4K, with a price of $1600.0 per contract. There were 1508 open contracts at this strike prior to today, and today 106 contract(s) were bought and sold. 
• Regarding VFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>), we observe a put option trade with bullish sentiment. It expires in 297 day(s) on September 19, 2025. Parties traded 50 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $32.5K, with a price of $650.0 per contract. There were 103 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMZN

ETSY

HSAI

LCID

MBLY

TSLA

10 Consumer Discretionary Stocks Whale Activity In Today's Session

MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) drove market conversations around a &#8220;Bitcoin treasury,&#8221; whereby companies allocate treasury funds to Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rather than traditional investments. Rumble Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>) followed suit, as revealed in an <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42184590/rumble-stock-rises-in-tuesday-pre-market-after-adopting-bitcoin-treasury-strategy-as-btc-retreats">announcement on Monday</a>. This begs the question: Which companies will adopt Bitcoin next?
The Announcement: Shares of Rumble jumped over 3% on Tuesday morning following the company board&#8217;s approval of a Bitcoin plan. The strategy involves potential investments of up to $20 million in Bitcoin, or approximately 212 coins at current market prices.
MicroStrategy&#8217;s stock has catapulted over 400% in 2024 due to the company&#8217;s high exposure to Bitcoin.
Commentators Catch On: Angel investor Jason Calacanis <a href="https://x.com/Jason/status/1861431433308373172">reacted</a> sarcastically to the decision in a post on X.
&#8220;Let's get GameStop to move cash to btc next! To the moon &#x1f680;&#x1f602;&#x1f602;&#x1f602;,&#8221; Calacanis posted. &#8220;What could go wrong!&#8221;
Other users <a href="https://x.com/GodwinMungwadzi/status/1860984841153417618">joked</a> that MicroStrategy CEO Michael Saylor had created an &#8220;infinite money printing machine.&#8221;
What&#8217;s Next?: Other meme and retail-oriented stocks could join the fray, including GameStop Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) and AMC Entertainment Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>). Benzinga has contacted both companies for comment on the matter. 
GameStop&#8217;s board <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/12/36142175/meme-king-ryan-cohen-now-able-to-trade-stocks-with-gamestop-funds">approved a plan in 2023</a> allowing CEO Ryan Cohen to have increased control over the company&#8217;s large cash hoard. Cohen could allocate cash to alternative investments.
Some investors are seemingly not enthused. A <a href="https://www.benzinga.com/general/gaming/24/06/39358657/exclusive-what-matters-most-to-retail-investors-at-gamestops-annual-shareholders-meeting-roaring-k">Benzinga poll in June</a> found that GameStop followers were least interested in cryptocurrency investments among other potential company announcements.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42192364/bitcoin-correction-could-go-as-deep-as-88700-but-125000-year-end-target-remains-in-play-says-standard-chartered">Bitcoin Correction Could Go As Deep As $88,700 But $125,000 Year-End Target Remains In Play, Says Standard Chartered</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

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

Cryptocurrency

$BTC

MSTR

Will GameStop, AMC Follow MicroStrategy, Rumble Into Bitcoin?

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$137.00</td>
<td>$71.2K</td>
<td>18.4K</td>
<td>47.5K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$260.00</td>
<td>$32.3K</td>
<td>53.0K</td>
<td>26.8K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$138.00</td>
<td>$40.0K</td>
<td>2.6K</td>
<td>16.5K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/06/24</td>
<td>$65.00</td>
<td>$27.5K</td>
<td>7.9K</td>
<td>3.1K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$390.00</td>
<td>$80.1K</td>
<td>1.3K</td>
<td>3.0K</td>
</tr>
<tr>
<td>SNOW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/06/24</td>
<td>$185.00</td>
<td>$94.6K</td>
<td>3.6K</td>
<td>2.5K</td>
</tr>
<tr>
<td>DDOG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$160.00</td>
<td>$284.0K</td>
<td>2.3K</td>
<td>1.0K</td>
</tr>
<tr>
<td>QUBT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$9.00</td>
<td>$49.8K</td>
<td>796</td>
<td>851</td>
</tr>
<tr>
<td>QCOM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$157.50</td>
<td>$30.0K</td>
<td>1.0K</td>
<td>838</td>
</tr>
<tr>
<td>PANW</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$340.00</td>
<td>$40.7K</td>
<td>536</td>
<td>782</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on November 29, 2024. Parties traded 403 contract(s) at a $137.00 strike. This particular put needed to be split into 236 different trades to become filled. The total cost received by the writing party (or parties) was $71.2K, with a price of $176.0 per contract. There were 18482 open contracts at this strike prior to today, and today 47535 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option sweep that happens to be bullish, expiring in 52 day(s) on January 17, 2025. This event was a transfer of 647 contract(s) at a $260.00 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $32.3K, with a price of $50.0 per contract. There were 53058 open contracts at this strike prior to today, and today 26888 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on November 29, 2024. Parties traded 301 contract(s) at a $138.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $40.0K, with a price of $133.0 per contract. There were 2674 open contracts at this strike prior to today, and today 16525 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a call option trade that happens to be bullish, expiring in 10 day(s) on December 6, 2024. This event was a transfer of 100 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $275.0 per contract. There were 7959 open contracts at this strike prior to today, and today 3167 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option trade with bullish sentiment. It expires in 3 day(s) on November 29, 2024. Parties traded 45 contract(s) at a $390.00 strike. The total cost received by the writing party (or parties) was $80.1K, with a price of $1780.0 per contract. There were 1349 open contracts at this strike prior to today, and today 3035 contract(s) were bought and sold. 
• Regarding SNOW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on December 6, 2024. Parties traded 757 contract(s) at a $185.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $94.6K, with a price of $125.0 per contract. There were 3655 open contracts at this strike prior to today, and today 2567 contract(s) were bought and sold. 
• For DDOG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>), we notice a call option trade that happens to be bearish, expiring in 24 day(s) on December 20, 2024. This event was a transfer of 800 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $284.0K, with a price of $355.0 per contract. There were 2352 open contracts at this strike prior to today, and today 1064 contract(s) were bought and sold. 
• Regarding QUBT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>), we observe a call option trade with bearish sentiment. It expires in 234 day(s) on July 18, 2025. Parties traded 166 contract(s) at a $9.00 strike. The total cost received by the writing party (or parties) was $49.8K, with a price of $300.0 per contract. There were 796 open contracts at this strike prior to today, and today 851 contract(s) were bought and sold. 
• For QCOM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), we notice a put option trade that happens to be bullish, expiring in 3 day(s) on November 29, 2024. This event was a transfer of 200 contract(s) at a $157.50 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $150.0 per contract. There were 1082 open contracts at this strike prior to today, and today 838 contract(s) were bought and sold. 
• For PANW (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>), we notice a put option trade that happens to be bearish, expiring in 52 day(s) on January 17, 2025. This event was a transfer of 230 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $40.7K, with a price of $177.0 per contract. There were 536 open contracts at this strike prior to today, and today 782 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AAPL

DDOG

NVDA

PANW

PLTR

QCOM

QUBT

SNOW

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