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Citigroup analyst Anthony Pettinari maintains O-I Glass (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OI#NYSE">OI</a>) with a Neutral and raises the price target from $14 to $15.

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Citigroup Maintains Neutral on O-I Glass, Raises Price Target to $15

Digital banking is commonplace nowadays. Mobile banking is an essential offering for banks of all sizes to remain relevant against competitors. It&#39;s normal for customers to check their bank balances, deposit checks, make transfers, and even pay bills on their mobile banking apps. Q2 Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/qtwo#NYSE">QTWO</a>) is a leading provider of digital banking solutions for banks and financial institutions. They provide the software to enable banks to offer digital banking for their customers.
Q2 operates in the computer and technology sector, competing with banking software providers, including Fiserv Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fi#NYSE">FI</a>), Jack Henry &amp; Associates Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jkhy#NASDAQ">JKHY</a>), nCino Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ncno#NASDAQ">NCNO</a>) and ACI Worldwide Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aciw#NASDAQ">ACIW</a>).
<h2>Q2 Holdings Portfolio of Services </h2>
While bank customers may take digital banking services for granted, banks have to handle the behind-the-scenes infrastructure to accommodate customer&#39;s needs. Q2 provides the software infrastructure through its cloud-based platform, providing a comprehensive suite of services, which include:
<ul>
<li>Consumer Retail Banking: Q2 enables financial institutions to offer online and mobile banking, from opening accounts and digital onboarding to paying bills, transferring funds, making mobile check deposits, and offering financial management tools.</li>
<li>Small and Medium-Sized Business (SMB) Banking: Q2 also offers SMB banking services, which include online payment processing, loan origination, cash flow analysis, business intelligence, expense management, and payroll.</li>
<li>Commercial Banking: Q2 Digital Banking has commercial banking features enabling ACT to instant payment rails, fraud detections, analytics, market-specific banking packages, reports, treasury onboarding and services, and integration with accounting systems. Q2 Interactive Test Drive enables commercial banking customers and prospects to try out the banking capabilities in a mock-up simulation of their environment.</li>
</ul>
Q2 plans to incorporate its generative artificial intelligence (AI) digital assistant, Andi Copilot, into its banking product portfolio and risk and fraud management platform.
<h2>Q2 Innovation Studio Enables Banks to Customize Their Digital Banking Offerings</h2>
Its Innovation Studio is a suite of tools that enable financial institutions to customize their digital banking offerings to their customers. It helps them rapidly deploy new functionalities and features. It&#39;s powered by over 1,000 integrations with the optionality to choose vendors and pre-integrated with over 150 of the best-in-class fintech partners. It offers hundreds of plug-and-play fintech integrations, including chatbots, credit scoring, payments, accounting, human resources, and payroll accounting. Q2 services 60% of the Forbes list of America&#39;s Best Banks and 40% of their Best Credit Unions list. &nbsp;
<h2>Solid Results for the Second Quarter of 2024</h2>
Q2 Holdings reported a Q2 2024 EPS of 38 cents, beating consensus estimates by 6 cents. Revenues rose 12% YoY to $173 million, beating consensus estimates by $1.9 million. Non-GAAP gross margin improved to 55.7%, up from 54.2% in the year-ago period. Adjusted EBITDA was $30 million, up from $17.6 million in the year-ago period.
Subscription annualized recurring revenue (ARR) grew 19% YoY to $644.9 million. Remaining performance obligations (RPO) or backlog totaled a record $426 million, up $38 million from last year. The company signed four Tier 1 digital banking contracts, a new Tier 1 bank utilizing its relationship pricing and treasuring pricing solutions, and an expansion with an Enterprise bank.
Q2 Holdings CEO Matt Flake commented, &quot;We&#39;ve had broad sales success for several consecutive quarters, highlighted by a mix of net new and expansion wins across our lines of business. We believe our sustained performance not only demonstrates our competitive differentiation and a strong demand environment but also the resilience of our customers and prospects in the current economic climate.&quot;
<h2>QTWO Stock Sets Up a Second Potential Bull Flag Pattern </h2>
A bull flag forms on the breakout through the upper descending parallel trendline resistance after the flagpole peak.
<img alt="Q2 Holdings QTWO stock chart" class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20240929174015_chartc-qtwo.jpg" style="height:753px; width:915px" />
QTWO triggered a bull flag breakout on the breakout through the $72.38 consensus price target to form another flagpole peaking at $82.72. The flag formed on the parallel descending trendlines, indicating lower highs and lower lows. A breakout through the upper descending trendline can trigger the bull flag. The daily anchored VWAP is at $73.70. The daily relative strength index (RSI) rose to the 62-band. Fibonacci (Fib) pullback support levels are at $74.24, $67.09, $64.07, and $61.42.
Q2 Holdings&#39; average consensus analyst price target is $72.38, and its highest analyst price target sits at $91.00. It has nine analyst Buy ratings and one Hold rating.
Actionable Options Strategies: QTWO is trading 8% above its consensus price target. Bullish investors can buy on pullbacks using cash-secured puts and write covered calls after being assigned to execute a wheel strategy for income.
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/why-q2-holdings-stock-could-be-your-next-big-buy/">Why Q2 Holdings Stock Could Be Your Next Big Buy</a>&quot; first appeared on MarketBeat.

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Why Q2 Holdings Stock Could Be Your Next Big Buy

As Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) prepares to launch its next-gen Blackwell GPU platform, excitement is <a href="https://www.benzinga.com/quote/NVDA/news">building among investors</a>. 
JPMorgan analyst Harlan Sur has asserted that the company is on track for a spectacular fiscal fourth quarter.
<h2 class="wp-block-heading">Behind The Curtain: Yield Issues? What Yield Issues?</h2>
&#8220;The team characterized the early product yield issues as ‘behind the team' post a mask fix on the B200 GPU chip,&#8221; Sur noted after an insightful investor meeting. As a result, the company is gearing up for a significant shipment volume that will likely bolster its financials.
Read Also: <a href="https://www.benzinga.com/markets/equities/24/10/41142895/accenture-and-nvidia-team-up-to-supercharge-global-ai-adoption-details">Accenture And NVIDIA Team Up To Supercharge Global AI Adoption: Details</a>
<h2 class="wp-block-heading">Noise, Noise, Noise: Stay Focused On Blackwell</h2>
Despite recent sell-side noise surrounding rackscale portfolio changes, Sur said that investors should not be distracted. &#8220;The Blackwell GPU platform [is] supporting over 100 different system configurations,&#8221; he pointed out, contrasting it with the mere 19-20 options available with the prior generation Hopper GPU platform.
This broader configuration flexibility positions Nvidia as a front-runner in the rapidly evolving AI landscape.
<h2 class="wp-block-heading">Future-Proofing: AI Spending To Skyrocket</h2>
Looking ahead, Nvidia&#8217;s leadership in AI and accelerated compute spending is expected to sustain growth well into 2025 and beyond. 
"The team remains confident on the sustainability of XPU infrastructure spending over the next several years," Sur said, citing the exponential scaling of foundational models and AI workloads.
<h2 class="wp-block-heading">A Fortress Of Dominance: Nvidia's Competitive Edge</h2>
Nvidia's ability to lead in both AI innovation and key global markets reinforces its unmatched position in the tech industry.
Sur said, &#8220;the two markets where the Nvidia platform / software / ecosystem has strong incumbency is in the enterprise and China markets,&#8221; highlighting its robust ecosystem of partners.
As Nvidia continues to forge ahead, the anticipation for the Blackwell ramp is palpable, and the AI revolution shows no signs of slowing down. 
With a current share price of $118.93, having risen 147% year to date, investors are likely to keep their eyes on Nvidia as it navigates the burgeoning AI landscape.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/asia/24/10/41141152/cramer-says-hot-money-flowing-from-nvidia-apple-into-china-focus-on-alibaba-if-you-must">Cramer Says &#8216;Hot Money&#8217; Flowing From Nvidia, Apple Into China, Focus On Alibaba &#8216;If You Must&#8217;</a></li>
</ul>
Photo: Shutterstock

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NVDA

Nvidia's Blackwell GPU Sets New AI Benchmark With Over 100 System Configurations, Analyst Says

Citigroup analyst Anthony Pettinari maintains Crown Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCK#NYSE">CCK</a>) with a Buy and raises the price target from $100 to $110.

Citigroup Maintains Buy on Crown Holdings, Raises Price Target to $110

Deep-pocketed investors have adopted a bullish approach towards Wells Fargo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</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 WFC usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 36 extraordinary options activities for Wells Fargo. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 55% leaning bullish and 36% bearish. Among these notable options, 21 are puts, totaling $925,781, and 15 are calls, amounting to $761,656.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $40.0 to $70.0 for Wells Fargo during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Wells Fargo stands at 10752.79, with a total volume reaching 25,719.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Wells Fargo, situated within the strike price corridor from $40.0 to $70.0, throughout the last 30 days.
<h3>Wells Fargo Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727896582_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$0.75</td>
<td>$0.67</td>
<td>$0.75</td>
<td>$65.00</td>
<td>$112.7K</td>
<td>16.3K</td>
<td>1.6K</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$1.38</td>
<td>$1.36</td>
<td>$1.38</td>
<td>$60.00</td>
<td>$108.9K</td>
<td>6.6K</td>
<td>791</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$0.77</td>
<td>$0.76</td>
<td>$0.76</td>
<td>$65.00</td>
<td>$84.8K</td>
<td>16.3K</td>
<td>1.6K</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$0.3</td>
<td>$0.28</td>
<td>$0.29</td>
<td>$70.00</td>
<td>$73.5K</td>
<td>13.2K</td>
<td>2.8K</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$4.8</td>
<td>$4.7</td>
<td>$4.8</td>
<td>$57.50</td>
<td>$56.6K</td>
<td>6.6K</td>
<td>435</td>
</tr>
</tbody>
</table>

<h3>About Wells Fargo</h3>
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
After a thorough review of the options trading surrounding Wells Fargo, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Wells Fargo's Current Market Status</h3>
<ul>
<li>With a volume of 5,352,677, the price of WFC is down -0.3% at $55.23. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 9 days.</li>
</ul>
<h3>What The Experts Say On Wells Fargo</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $66.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for Wells Fargo, targeting a price of $65. 
&#x2A; Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on Wells Fargo with a target price of $67. 
&#x2A; In a positive move, an analyst from Deutsche Bank has upgraded their rating to Buy and adjusted the price target to $65. 
&#x2A; Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Wells Fargo with a target price of $65. 
&#x2A; An analyst from Evercore ISI Group has decided to maintain their Outperform rating on Wells Fargo, which currently sits at a price target of $68. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Wells Fargo, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

This Is What Whales Are Betting On Wells Fargo

Investors with a lot of money to spend have taken a bearish stance on T-Mobile US (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with TMUS, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 10 uncommon options trades for T-Mobile US.
This isn't normal.
The overall sentiment of these big-money traders is split between 40% bullish and 60%, bearish.
Out of all of the special options we uncovered, 5 are puts, for a total amount of $751,768, and 5 are calls, for a total amount of $579,543.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $200.0 to $220.0 for T-Mobile US over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for T-Mobile US'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 T-Mobile US's whale activity within a strike price range from $200.0 to $220.0 in the last 30 days. 
<h3>T-Mobile US 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727896577_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TMUS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$3.95</td>
<td>$3.35</td>
<td>$3.8</td>
<td>$200.00</td>
<td>$379.6K</td>
<td style="text-align: right;">476</td>
<td>1.2K</td>
</tr>
<tr>
<td>TMUS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$11.1</td>
<td>$11.05</td>
<td>$11.1</td>
<td>$220.00</td>
<td>$204.2K</td>
<td style="text-align: right;">5</td>
<td>1</td>
</tr>
<tr>
<td>TMUS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$3.95</td>
<td>$3.95</td>
<td>$3.95</td>
<td>$200.00</td>
<td>$189.6K</td>
<td style="text-align: right;">476</td>
<td>1.7K</td>
</tr>
<tr>
<td>TMUS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$23.3</td>
<td>$23.2</td>
<td>$23.2</td>
<td>$210.00</td>
<td>$176.3K</td>
<td style="text-align: right;">296</td>
<td>163</td>
</tr>
<tr>
<td>TMUS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$31.7</td>
<td>$31.65</td>
<td>$31.7</td>
<td>$200.00</td>
<td>$123.6K</td>
<td style="text-align: right;">67</td>
<td>0</td>
</tr>
</tbody>
</table>

<h3>About T-Mobile US</h3>
Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, and that firm merged with Sprint in 2020, creating the second-largest wireless carrier in the us T-Mobile now serves 77 million postpaid and 21 million prepaid phone customers, equal to around 30% of the us retail wireless market. The firm entered the fixed-wireless broadband market aggressively in 2021 and now serves more than 5 million residential and business customers. In addition, T-Mobile provides wholesale services to resellers.
In light of the recent options history for T-Mobile US, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is T-Mobile US Standing Right Now?</h3>
<ul>
<li>With a volume of 1,366,969, the price of TMUS is up 0.79% at $207.72. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 21 days.</li>
</ul>
<h3>What The Experts Say On T-Mobile US</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $234.4.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for T-Mobile US, targeting a price of $230. 
&#x2A; An analyst from RBC Capital has decided to maintain their Outperform rating on T-Mobile US, which currently sits at a price target of $232. 
&#x2A; An analyst from Keybanc persists with their Overweight rating on T-Mobile US, maintaining a target price of $230. 
&#x2A; An analyst from Wells Fargo has decided to maintain their Overweight rating on T-Mobile US, which currently sits at a price target of $230. 
&#x2A; Maintaining their stance, an analyst from Benchmark continues to hold a Buy rating for T-Mobile US, targeting a price of $250. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for T-Mobile US, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

TMUS

Behind the Scenes of T-Mobile US's Latest Options Trends

Whales with a lot of money to spend have taken a noticeably bullish stance on Etsy.
Looking at options history for Etsy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) we detected 13 trades.
If we consider the specifics of each trade, it is accurate to state that 53% of the investors opened trades with bullish expectations and 15% with bearish.
From the overall spotted trades, 9 are puts, for a total amount of $1,198,170 and 4, calls, for a total amount of $134,567.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $45.0 and $65.0 for Etsy, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Etsy stands at 2599.18, with a total volume reaching 6,361.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Etsy, situated within the strike price corridor from $45.0 to $65.0, throughout the last 30 days.
<h3>Etsy Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727896572_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$2.14</td>
<td>$2.07</td>
<td>$2.1</td>
<td>$45.00</td>
<td>$472.5K</td>
<td>13.6K</td>
<td>2.2K</td>
</tr>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.65</td>
<td>$6.5</td>
<td>$6.55</td>
<td>$55.00</td>
<td>$368.1K</td>
<td>5.2K</td>
<td>562</td>
</tr>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$2.19</td>
<td>$2.11</td>
<td>$2.15</td>
<td>$45.00</td>
<td>$96.7K</td>
<td>13.6K</td>
<td>2.2K</td>
</tr>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$11.7</td>
<td>$11.6</td>
<td>$11.6</td>
<td>$55.00</td>
<td>$53.3K</td>
<td>631</td>
<td>46</td>
</tr>
<tr>
<td>ETSY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$5.25</td>
<td>$5.2</td>
<td>$5.25</td>
<td>$50.00</td>
<td>$47.2K</td>
<td>1.0K</td>
<td>165</td>
</tr>
</tbody>
</table>

<h3>About Etsy</h3>
Etsy operates a top-10 e-commerce marketplace operator in the us and the UK, with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods. With $13.2 billion in 2023 consolidated gross merchandise volume, Etsy has cemented itself as one of the largest players in a quickly growing space, generating revenue from listing fees, commissions on sold items, advertising services, payment processing, and shipping labels. As of the end of 2023, the firm connected more than 96 million buyers and 9 million sellers on its marketplace properties: Etsy, Reverb (musical equipment), and Depop (clothing resale).
<h3>Etsy's Current Market Status</h3>
<ul>
<li>With a volume of 1,307,504, the price of ETSY is down -0.78% at $51.89. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 28 days.</li>
</ul>
<h3>What Analysts Are Saying About Etsy</h3>
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $56.5.
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&#x2A; In a cautious move, an analyst from Truist Securities downgraded its rating to Buy, setting a price target of $76. 
&#x2A; An analyst from Cantor Fitzgerald has revised its rating downward to Neutral, adjusting the price target to $50. 
&#x2A; In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Neutral, setting a price target of $50. 
&#x2A; An analyst from Cantor Fitzgerald has revised its rating downward to Neutral, adjusting the price target to $50. 
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ETSY

Behind the Scenes of Etsy's Latest Options Trends

Federal Reserve

Fed's Barkin Says 'Last Mile' Of Inflation May Still Take Longer Than Expected, Worried Price Pressures Could Get 'Stuck' Next Year; Sees Two Further Quarter-Percentage-Point Cuts This Year As 'A Reasonable Path' If Economy Evolves As Expected; Expects Unemployment, Inflation To Stay Roughly Stable For Rest Of This Year; Sees Renewed Tight Labor And Demand Spurred By Fed Rate Cuts As Possibly Keeping Inflation Lodged

Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) shares have been trading higher over the past five days. Here&#8217;s <a href="https://www.benzinga.com/news/earnings/24/09/41070481/rocket-lab-stock-soars-should-investors-chase-the-rally">what you need to know.</a>
<h3 class="wp-block-heading">What To Know: </h3>
Completion of Second Spacecraft for Varda Space Industries:
<ul>
<li>Rocket Lab announced the successful testing and integration of its second Pioneer spacecraft for Varda Space Industries.</li>
<li>This spacecraft will handle in-space operations, including reentry positioning maneuvers and deorbiting to recover Varda's capsule.</li>
<li>Varda's FAA approval for a second launch makes it the first company to secure a second reentry license.</li>
</ul>
Successful Launches:
<ul>
<li>Last Friday, Rocket Lab launched its 53rd Electron mission, deploying five satellites into Low Earth Orbit as part of the &#8220;Kinéis Killed the RadIOT Star&#8221; mission.</li>
<li>The first spacecraft for Varda was launched in June 2023 and its re-entry capsule was successfully recovered in February 2024.</li>
</ul>
<h3 class="wp-block-heading">Substantial Developments:</h3>
<ul>
<li>Strategic Collaborations: Peter Beck, Rocket Lab's CEO, highlighted the company&#8217;s vertically integrated approach, facilitating rapid development and delivery of reliable spacecraft for Varda's missions.</li>
<li>Technical Analysis: Rocket Lab has an RSI of 90.94, indicating overbought conditions, which suggests strong buying interest but also potential for a pullback.</li>
</ul>
What Else:
<ul>
<li>Rocket Lab has garnered growing attention on social media platforms, particularly Reddit's r/wallstreetbets.</li>
<li>Traders are focusing on technical setups, significant gains in space stocks and Rocket Lab&#8217;s high short interest (16.43% of its float).</li>
<li>Keybanc analyst Michael Leshock also raised Rocket Lab's price target from $8 to $11 on Friday, maintaining an Overweight rating. </li>
</ul>
RKLB Price Action: Rocket Lab shares were up by 4.44% at $9.64 at the time of writing, according to<a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2"> Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="548" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/02144559/RKLB-1024x548.png" alt="" class="wp-image-577242" style="width:523px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/02144559/RKLB-1024x548.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/02144559/RKLB-300x161.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/02144559/RKLB-768x411.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/02144559/RKLB.png 1072w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
See Also:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41148891/jobs-report-in-focus-will-slower-growth-push-the-fed-toward-november-interest-rate-">Jobs Report In Focus: Will Slower Growth Push The Fed Toward November Interest Rate Cut?</a></li>
</ul>
Image: Courtesy of Rocket Lab Inc.

Movers

RKLB

Rocket Lab Shares Are Up 12% Over Past Week: What's Going On?

Citigroup analyst Anthony Pettinari maintains Avery Dennison (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVY#NYSE">AVY</a>) with a Neutral and lowers the price target from $241 to $240.

Citigroup Maintains Neutral on Avery Dennison, Lowers Price Target to $240

Citigroup analyst Anthony Pettinari maintains Ardagh Metal Packaging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMBP#NYSE">AMBP</a>) with a Buy and raises the price target from $4 to $4.5.

AMBP

Citigroup Maintains Buy on Ardagh Metal Packaging, Raises Price Target to $4.5

Citigroup analyst Jon Tower maintains Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) with a Buy and raises the price target from $69 to $71.

Citigroup Maintains Buy on Chipotle Mexican Grill, Raises Price Target to $71

A new ad for Florida's marijuana legalization initiative, <a href="https://www.benzinga.com/markets/cannabis/24/04/38034138/florida-supreme-court-approves-cannabis-legalization-proposal-for-november-election-in-blow-to-d">Amendment 3</a>, highlights a rare bipartisan consensus among presidential candidates and their running mates from both the Democratic and Republican parties: all of them oppose criminalizing cannabis users.
Titled &#8220;We're All Saying the Same Thing,&#8221; the ad was launched by the Smart &amp; Safe Florida campaign on Wednesday.
The <a href="https://smartandsafeflorida.com/smart-safe-florida-releases-new-digital-ad-were-all-saying-the-same-thing/">ad features</a> clips of VP Kamala Harris, her running mate Minnesota Gov. Tim Walz, former President Donald Trump and his his running mate Ohio Senator JD Vance all voicing support for cannabis reform, albeit with differing approaches.
&#8220;It&#8217;s not politics. It&#8217;s common sense. We&#8217;re all saying the same thing, no one should be arrested for possessing small amounts of marijuana,&#8221; notes Smart and Safe Florida, the group behind the legalization initiative.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It&#39;s not politics. It&#39;s common sense. We&#39;re all saying the same thing, no one should be arrested for possessing small amounts of marijuana. <a href="https://twitter.com/hashtag/YesOn3?src=hash&amp;ref_src=twsrc%5Etfw">#YesOn3</a> <a href="https://t.co/cp7Y5P2NWO">pic.twitter.com/cp7Y5P2NWO</a>
&mdash; Smart &amp; Safe Florida (@SmartandSafeFl) <a href="https://twitter.com/SmartandSafeFl/status/1841462318581920142?ref_src=twsrc%5Etfw">October 2, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/09/41106120/kamala-harris-we-need-to-legalize-cannabis-vp-says-for-first-time-as-presidential-candidate-in-a">Kamala Harris: &#8216;We Need to Legalize&#8217; Cannabis, VP Says For First Time As Presidential Candidate In &#8216;All The Smoke&#8217; Podcast</a>
The ad shows Harris reiterating her support for marijuana legalization in a <a href="https://www.benzinga.com/markets/cannabis/24/09/41106120/kamala-harris-we-need-to-legalize-cannabis-vp-says-for-first-time-as-presidential-candidate-in-a">recent interview</a> with former NBA players&nbsp;Matt Barnes&nbsp;and&nbsp;Stephen Jackson on the podcast "All the Smoke." 
Walz also talks about legalization, having <a href="https://www.benzinga.com/markets/cannabis/23/05/32631259/gov-walz-signs-cannabis-legalization-into-law-former-gov-jesse-ventura-attends-ceremony">recently signed </a>Minnesota's law permitting recreational use. Walz, like Harris, leans towards federal reform but believes states should take the lead.
Then there's Trump, a Florida resident who <a href="https://www.benzinga.com/markets/cannabis/24/08/40666944/donald-trump-supports-cannabis-legalization-in-florida-game-changer-and-huge-blow-to-ron-desanti">has endorsed Amendment 3</a>, which would legalize adult recreational use. The ad splices together comments from Trump going back to 2015, when he said marijuana should be a state issue with clips of when he recently <a href="https://www.benzinga.com/markets/cannabis/24/09/40776937/trump-joins-millions-of-americans-who-support-rescheduling-cannabis-weed-industry-responds-to-fo">expressed support for federal rescheduling</a> of cannabis and improving access to banking for the marijuana industry.
Senator Vance is an advocate for states&#8217; rights, often criticizing federal cannabis reform. Though the Ohio senator was not enthusiastic when <a href="https://www.benzinga.com/markets/cannabis/23/11/35664155/ohio-legalizes-cannabis-and-overwhelmingly-approves-abortion-rights">voters legalized recreation weed</a> in his state last November. 
Morgan Hill, spokesperson for Smart &amp; Safe Florida, said Amendment 3 transcends party politics. "Supporting the legalization of recreational adult use marijuana is about upholding the principles of individual freedom and liberty that our country was founded upon,&#8221; he said. &#8220;Amendment 3 will end the unjust and unneeded arrests of individuals who consume marijuana for personal use, give adults the right to make their own choices, and honor the core values that define the Free State of Florida and our nation."
Now Read:
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/10/41147420/congressional-bill-is-game-changer-for-cbd-regulation-its-long-overdue-says-hemp-coalition">Congressional Bill Is Game-Changer For CBD Regulation, It&#8217;s &#8216;Long Overdue,&#8217; Says Hemp Coalition</a></li>
</ul>
Photo: Shutterstock

Cannabis

Government

Politics

Legal

Trump, Harris, Vance And Walz Agree On This: End Cannabis Criminalization In Florida

RPM International (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rpm#NYSE">RPM</a>) came out with quarterly earnings of $1.84 per share, beating the Zacks Consensus Estimate of $1.76 per share. This compares to earnings of $1.64 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 4.55%. A quarter ago, it was expected that this specialty chemicals company would post earnings of $1.56 per share when it actually produced earnings of $1.56, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
RPM International, which belongs to the Zacks Paints and Related Products industry, posted revenues of $1.97 billion for the quarter ended August 2024, missing the Zacks Consensus Estimate by 2.40%. This compares to year-ago revenues of $2.01 billion. The company has topped consensus revenue estimates two times over the last four quarters.
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.
RPM International shares have added about 7.6% since the beginning of the year versus the S&amp;P 500&#39;s gain of 19.7%.
<h2>What&#39;s Next for RPM International?</h2>
While RPM International has underperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?
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.
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.
Ahead of this earnings release, the estimate revisions trend for RPM International: mixed. 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 #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.
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 $1.35 on $1.82 billion in revenues for the coming quarter and $5.49 on $7.48 billion in revenues for the current fiscal year.
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, Paints and Related Products is currently in the top 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.
Another stock from the same industry, Sherwin-Williams (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/shw#NYSE">SHW</a>), has yet to report results for the quarter ended September 2024. The results are expected to be released on October 22.
This paint and coatings maker is expected to post quarterly earnings of $3.55 per share in its upcoming report, which represents a year-over-year change of +10.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Sherwin-Williams&#39; revenues are expected to be $6.26 billion, up 2.3% from the year-ago quarter.
<a href="https://www.zacks.com/stock/news/2344553/rpm-international-rpm-beats-q1-earnings-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2344553">To read this article on Zacks.com click here.</a>

RPM International Beats Q1 Earnings Estimates

WIIM

WYNN

Shares of Macau-linked stocks are trading higher on continued strength following recent stimulus measures and the start of the National Day Golden Week. Macau gaming revenue also reportedly rose 15.5%.

On-chain analytics provider Spot On Chain highlighted a Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) whale&#8217;s activity as the apex crypto is trying to hold on to the $62,000 mark.
What Happened: The platform reported that the Bitcoin whale deposited on a centralized exchange as the market dropped amid escalating geopolitical tensions The whale had reportedly accumulated a net 3,933 BTC (worth $234 million) from Binance between Aug. 29 and Sep. 15.
The whale then <a href="https://x.com/spotonchain/status/1841322485775749225">moved</a> 750 BTC, valued at $46.3 million, back to Binance at a rate of $61,751 per BTC, today before the Bitcoin price dropped by about 3%.
The whale still holds 9,736 BTC, worth $601 million. The same wallet was observed in July when it <a href="https://x.com/spotonchain/status/1835247785828045229">dumped</a> BTC worth $467 million in just 11 days.
<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>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41142495/how-to-trade-bitcoin-during-geopolitical-tensions-heres-one-whale-traders-approach">How To Trade Bitcoin During Geopolitical Tensions? Here&#8217;s One Whale Trader&#8217;s Approach</a>
Why It Matters: With Bitcoin prices plunging to lows of $60,000, ByBit partner Justin Bennett <a href="https://x.com/JustinBennettFX/status/1841507522873618487">cautioned</a> investors to be careful with Bitcoin's relief rally. He pointed out that the failure at $64,700 has opened up sell-side liquidity and predicted that $57,000 remains open for business after the crypto king met tapped $60,000.
Another trader expects "at least one more run on the lows." He suggests that if there is a drop further then he will add more Bitcoin long positions as he continues to remain strong on altcoins.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/btc?src=hash&amp;ref_src=twsrc%5Etfw">#btc</a> It was literally in the charts tho&#8230; Now I&#39;ve barely seen a daily btc chart bottom like this so expecting at least one more run on the lows. That&#39;s when you bid hard imo. I&#39;m already in strong alts + btc longs but looking to add big if we do this. Let&#39;s get it! <a href="https://t.co/dPoN1mtlYn">https://t.co/dPoN1mtlYn</a> <a href="https://t.co/BU0WHeCN0K">pic.twitter.com/BU0WHeCN0K</a>
&mdash; George (@George1Trader) <a href="https://twitter.com/George1Trader/status/1841381170136703445?ref_src=twsrc%5Etfw">October 2, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
What&#8217;s Next: The influence of&nbsp;<a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a>&nbsp;is expected to be thoroughly explored at Benzinga&#8217;s upcoming&nbsp;<a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a>&nbsp;event on Nov. 19.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41138597/why-bitcoins-uptober-wont-be-a-smooth-ride-its-the-election-silly">Why Bitcoin&#8217;s &#8216;Uptober&#8217; Won&#8217;t Be A Smooth Ride: It&#8217;s The Election, Silly</a></li>
</ul>
Image: Shutterstock

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

Cryptocurrency

$BTC

Crypto Whale Dumped $46 Million BTC As Geopolitical Tensions Rise: What Is Going On?

Citigroup analyst Alexander Hacking maintains Southern Copper (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCCO#NYSE">SCCO</a>) with a Sell and raises the price target from $99.44 to $100.

SCCO

Citigroup Maintains Sell on Southern Copper, Raises Price Target to $100

Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) has outperformed the market over the past 5 years by 10.91% on an annualized basis producing an average annual return of 25.45%. Currently, Nucor has a market capitalization of $36.61 billion. 
Buying $100 In NUE: If an investor had bought $100 of NUE stock 5 years ago, it would be worth $304.32 today based on a price of $152.71 for NUE at the time of writing.
<h3>Nucor's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727895885_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Nucor 5 Years Ago Would Be Worth This Much Today

Ethereum Classic's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/etc/usd">ETC</a>) price has decreased 3.11% over the past 24 hours to $17.96, continuing its downward trend over the past week of -7.0%, moving from $19.54 to its current price. 
The chart below compares the price movement and volatility for Ethereum Classic over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1727895820_0.png" alt="price_chart" />
Ethereum Classic's trading volume has climbed 9.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.17%. This brings the circulating supply to 148.98 million, which makes up an estimated 70.71% of its max supply of 210.70 million. According to our data, the current market cap ranking for ETC is #37 at $2.68 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1727895820_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$ETC

Cryptocurrency Ethereum Classic Down More Than 3% Within 24 hours

Deep-pocketed investors have adopted a bullish approach towards Novo Nordisk (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</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 NVO usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 17 extraordinary options activities for Novo Nordisk. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 64% leaning bullish and 35% bearish. Among these notable options, 8 are puts, totaling $451,772, and 9 are calls, amounting to $508,244.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $70.0 to $135.0 for Novo Nordisk during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Novo Nordisk options trades today is 703.94 with a total volume of 3,639.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Novo Nordisk's big money trades within a strike price range of $70.0 to $135.0 over the last 30 days.
<h3>Novo Nordisk 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727895790_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$5.15</td>
<td>$5.0</td>
<td>$5.1</td>
<td>$125.00</td>
<td>$127.5K</td>
<td>3.5K</td>
<td>2.3K</td>
</tr>
<tr>
<td>NVO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$18.6</td>
<td>$17.6</td>
<td>$18.0</td>
<td>$115.00</td>
<td>$90.0K</td>
<td>114</td>
<td>50</td>
</tr>
<tr>
<td>NVO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$6.95</td>
<td>$6.9</td>
<td>$6.95</td>
<td>$120.00</td>
<td>$86.8K</td>
<td>250</td>
<td>201</td>
</tr>
<tr>
<td>NVO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$11.05</td>
<td>$10.9</td>
<td>$10.9</td>
<td>$125.00</td>
<td>$86.1K</td>
<td>1.3K</td>
<td>120</td>
</tr>
<tr>
<td>NVO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$21.0</td>
<td>$20.85</td>
<td>$20.85</td>
<td>$100.00</td>
<td>$83.3K</td>
<td>1.2K</td>
<td>40</td>
</tr>
</tbody>
</table>

<h3>About Novo Nordisk</h3>
With roughly one third of the global branded diabetes treatment market, Novo Nordisk is the leading provider of diabetes-care products in the world. Based in Denmark, the company manufactures and markets a variety of human and modern insulins, injectable diabetes treatments such as GLP-1 therapy, oral antidiabetic agents, and obesity treatments. Novo also has a biopharmaceutical segment (constituting roughly 10% of revenue) that specializes in protein therapies for hemophilia and other disorders.
Following our analysis of the options activities associated with Novo Nordisk, we pivot to a closer look at the company's own performance.
<h3>Novo Nordisk's Current Market Status</h3>
<ul>
<li>With a volume of 4,460,331, the price of NVO is down -1.46% at $116.29. </li>
<li>RSI indicators hint that the underlying stock may be oversold.</li>
<li>Next earnings are expected to be released in 35 days.</li>
</ul>
<h3>Professional Analyst Ratings for Novo Nordisk</h3>
In the last month, 3 experts released ratings on this stock with an average target price of $160.0.
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&#x2A; An analyst from Cantor Fitzgerald downgraded its action to Overweight with a price target of $160. 
&#x2A; An analyst from Cantor Fitzgerald downgraded its action to Overweight with a price target of $160. 
&#x2A; An analyst from Cantor Fitzgerald has revised its rating downward to Overweight, adjusting the price target to $160. 
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