ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (ARCA: USML)

Latest news for ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (ARCA:USML)

The Securities are intended to be trading tools for sophisticated investors as part of an overall diversified portfolio. They are designed to achieve their stated investment objectives on a quarterly, or in certain circumstances, shorter basis. Their performance over longer periods of time can differ significantly from their stated objectives. The Securities are riskier than securities that have intermediate or long-term investment objectives, and may not be suitable for investors who have a buy and hold strategy.

ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN

WIIM

Rumble shares are trading higher. The stock may be moving on continued strength after the company, on Friday, announced it has entered into a definitive agreement for a strategic investment of $775 million from Tether.

Fans of global superstar Beyoncé who missed her Christmas Day NFL halftime performance, or want to relive the moment, are in for a treat. Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) is set to feature one of the standout moments from its <a href="https://www.benzinga.com/general/sports/24/12/42512587/netflix-analyst-say-its-only-investable-media-stock-projects-150-million-nfl-christmas-day-boost">debut NFL game streams.</a>
What Happened: For the first time ever, Netflix <a href="https://www.benzinga.com/24/12/42653325/exclusive-netflix-to-have-merry-christmas-with-nfl-games-will-viewers-tune-in-60-say">streamed two live</a> NFL games on Christmas Day. The games, which are part of a three-year deal, saw Netflix as the exclusive home of the Kansas City Chiefs at Pittsburgh Steelers and Baltimore Ravens at Houston Texans matchups on Wednesday.
Beyoncé <a href="https://about.netflix.com/en/news/beyonce-delivers-epic-gift-of-a-halftime-performance-beyonce-bowl-is-coming">performed </a>a 12-minute set during halftime of the Ravens and Texans game, which took place in her hometown of Houston.
Being labeled the "Beyoncé Bowl" by Netflix, the halftime performance featured the first-ever live performances of songs from the singer's "Cowboy Carter" album.
The performance featured guest appearances by Shaboozey, Post Malone and Beyoncé's daughter Blue Ivy Carter.
Netflix announced that "Beyoncé Bowl" will be released as a standalone special on the streaming platform later this week.
The streaming company did not provide an exact date or additional details on whether the special would just be the halftime performance or include behind-the-scenes or additional footage.
Read Also:<a href="https://www.benzinga.com/general/entertainment/24/12/42563662/streamers-max-paramount-won-november-heres-why-analyst-expects-netflix-amazon-to-win-december"> Streamers Max, Paramount+ Won November: Here&#8217;s Why Analyst Expects Netflix, Amazon To Win December</a>
Why It's Important: Netflix appears poised to leverage the star power of one of the world's most popular singers, featured during halftime of its inaugural Christmas Day NFL games.
Beyoncé previously performed at halftime of Super Bowl XLVII in 2013, a performance that featured her Destiny's Child bandmates Kelly Rowland and Michelle Williams, and in 2016 with Coldplay and Bruno Mars at Super Bowl 50. Both halftime performances rank among the most watched in NFL history. &nbsp;
The singer teased that there is more coming from her next month. An Instagram <a href="https://www.instagram.com/p/DEBPJl1yvvp/">post </a>featured Beyoncé on a horse with an American flag and ends with the screen showing the date of Jan. 14, 2025.
While the teaser post may not be in relation to Netflix, the streaming company has more coming from Beyoncé.
The singer and streamer signed a $60 million <a href="https://variety.com/2019/music/news/beyonce-netflix-deal-1203193729/">deal </a>in 2019, which included "Homecoming," a documentary concert film about the singer's 2018 Coachella performance.
Several reports suggest that the NFL Christmas Day performance and subsequent "Beyoncé Bowl" release are the second of the three projects, leaving one more Netflix special coming from the global superstar.
NFLX Price Action: Netflix stock is down 1.2% to $920.78 on Monday versus a 52-week trading range of $461.86 to $941.75. Netflix stock is up 97% year-to-date in 2024.
Read Next: 
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<li><a href="https://www.benzinga.com/general/sports/24/12/42628116/netflix-adds-womens-world-cup-media-rights-from-football-to-futbol-streamer-all-in-on-live-sports">Netflix Adds Women&#8217;s World Cup Media Rights: From Football To Futbol, Streamer All-In On Live Sports</a></li>
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Photo: Shutterstock

Entertainment

Sports

NFLX

Netflix To Release 'Beyoncé Bowl' NFL Halftime Performance As Standalone Special

DLTR

FIVE

ULTA

Shares of retail stocks are trading higher in possible reaction to Mastercard SpendingPulse data, which showed US retail sales grew 3.8% in the holiday season.

Wedbush analyst Daniel Ives maintains Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) with a Outperform and raises the price target from $300 to $325.

News

Price Target

Analyst Ratings

AAPL

Wedbush Maintains Outperform on Apple, Raises Price Target to $325

Macro Notification

General

Putin Says Russia Is Ready To Supply Gas Via Ukraine To Any Counter-Agent, But That's Impossible Due To Lawsuit From Kyiv; Ukraine Punishes Europe By Shutting Russian Gas Transit; Gas Prices In Europe Will Rise

WiMi Hologram Cloud Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIMI#NASDAQ">WIMI</a>) shares are <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/n42686949/wimi-develops-a-quantum-technology-based-random-access-memory-architecture" rel="noreferrer noopener">trading higher on Thursday.</a>
The firm has announced the development of a Quantum Technology-Based Random Access Memory Architecture, known as QRAM.
QRAM combines quantum logic gates such as the CNOT gate, V gate, and V+ gate to perform logical operations like AND, OR, NOT, and NOR within quantum systems, harnessing quantum properties like superposition and entanglement for enhanced computational efficiency.
Unlike traditional RAM, which operates sequentially, QRAM leverages quantum superposition to enable parallel data access, significantly speeding up operations.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/global/24/12/42686735/azerbaijan-airliner-crash-kills-38-weather-russia-under-scrutiny" rel="noreferrer noopener">Azerbaijan Airliner Crash Kills 38: Weather, Russia Under Scrutiny</a>
Quantum entanglement further improves efficiency by allowing multiple qubits to be correlated without direct communication, resulting in faster data transfer and processing. This design dramatically enhances computational performance, especially for large-scale tasks like molecular simulations and complex optimizations.
WiMi's QRAM architecture also integrates a quantum error correction mechanism, which ensures that qubit states remain stable and accurate during data read and write operations. This feature is crucial for maintaining reliability in quantum computing systems, where external disturbances can easily cause errors.
The QRAM system is highly compatible with quantum processing units, enabling smooth data transmission between memory and processors, which optimizes overall computational efficiency. With its ability to handle large datasets, QRAM is poised to advance quantum machine learning and quantum encryption applications, providing faster training and secure data transmission.
WiMi&#8217;s development of QRAM marks a significant step forward in quantum technology, setting the stage for a future where quantum computers play a crucial role in solving complex real-world problems.
Price Action: WIMI shares are trading higher by 13.3% to $1.27 at last check Thursday.
Also Read:&nbsp;
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<li><a href="https://www.benzinga.com/24/12/42356227/spacexs-22488-satellite-expansion-challenged-over-elon-musks-russian-connections-and-environmental-risks" target="_blank" rel="noreferrer noopener">SpaceX's Satellite Expansion Challenged: Ukrainian-Americans Allege Elon Musk's Russian Ties And Environmental Risks In FCC Petition</a></li>
</ul>

Equities

Markets

Movers

WIMI

WiMi Develops Quantum Technology-Based QRAM Architecture, Shares Surge

Trading Ideas

LNKS

Linkers Industries Shares Resume Trade

U.S. stocks turned higher midway through trading, with the Dow Jones index gaining around 50 points on Thursday.
The Dow traded up 0.12% to 43,347.41 while the NASDAQ rose 0.03% to 20,037.71. The S&amp;P 500 also rose, gaining, 0.05% to 6,042.96.
Check This Out: <a href="https://www.benzinga.com/24/12/42669200/wall-streets-most-accurate-analysts-give-their-take-on-3-utilities-stocks-with-over-4-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Utilities Stocks With Over 4% Dividend Yields</a>
Leading and Lagging Sectors Health care shares rose by just 0.1% on Thursday.
In trading on Thursday, information technology shares dipped by 0.4%.
Top Headline
U.S. initial jobless claims fell by 1,000 from the previous week to a reading of 219,000 during the second week of December, compared to market estimates of 224,000.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>SEALSQ Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAES#NASDAQ">LAES</a>) shares shot up 31% to $7.16. On Thursday, SEALSQ announced the launch of SEALQUANTUM.com Lab, a research hub designed to help businesses transition to quantum-safe encryption</li>
<li>Shares of SciSparc Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPRC#NASDAQ">SPRC</a>)got a boost, surging 155% to $0.5600 after the company announced it received its first shipment of vehicles manufactured by Anhui Jianghuai Automobile Group.</li>
<li>Zoomcar Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCAR#NASDAQ">ZCAR</a>) shares were also up, gaining 90% to $2.71 after it reported a 43% year-on-year increase in November bookings.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Neuphoria Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEUP#NASDAQ">NEUP</a>) shares dropped 38% to $4.10.</li>
<li>Shares of Baosheng Media Group Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAOS#NASDAQ">BAOS</a>) were down 34% to $4.66.</li>
<li>SaverOne 2014 Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVRE#NASDAQ">SVRE</a>) was down, falling 30% to $1.0501.</li>
</ul>
Commodities In commodity news, oil traded up 0.2% to $70.25 while gold traded up 0.6% at $2,651.20.
Silver traded up 0.6% to $30.450 on Thursday, while copper rose 0.6% to $4.1335.
Euro zone
In Europe, markets in Germany, France, London, Spain and Switzerland are closed for the Boxing Day holiday.
Asia Pacific Markets
Asian markets closed mostly higher on Thursday, with Japan's Nikkei 225 gaining 1.12%, China's Shanghai Composite Index gaining 0.14% and India's BSE Sensex falling 0.01%.
Economics
U.S. initial jobless claims fell by 1,000 from the previous week to a reading of 219,000 during the second week of December, compared to market estimates of 224,000.
Now Read This: 
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<li><a href="https://www.benzinga.com/24/12/42684254/top-3-utilities-stocks-youll-regret-missing-in-december">Top 3 Utilities Stocks You&#8217;ll Regret Missing In December</a></li>
</ul>

Eurozone

Commodities

Intraday Update

BAOS

LAES

NEUP

SPRC

SVRE

ZCAR

Dow Gains 50 Points, SEALSQ Shares Plummet

Mark Zuckerberg recently shared a glimpse into his personal and professional life through a lighthearted Instagram video posted by the Chan Zuckerberg Initiative. While the video focused on the couple&#8217;s nonprofit work and fun personal anecdotes, many viewers couldn't help but notice the stunning watch on Zuckerberg's wrist – a Patek Philippe Grand Complications 5303R in 18k rose gold, worth a jaw-dropping $1.2 million.
<a href="https://www.instagram.com/reel/DDpSq-DRpxb">https://www.instagram.com/reel/DDpSq-DRpxb</a>
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This luxurious timepiece isn't just an accessory; it's a masterpiece of craftsmanship. The Patek Philippe Minute Repeater Skeleton 5303R is a rare creation that puts its intricate mechanics on full display. The watch's standout feature is its open sapphire dial, where you can see the hammers and gongs of the minute repeater in action – essentially, the watch chimes the time in an audible format. Its rose-gold case, paired with white-gold decorative details and a black alligator leather strap, makes it as much a work of art as it is an engineering feat.
In the <a href="https://www.instagram.com/reel/DDpSq-DRpxb/">video</a>, Zuckerberg and his wife, <a href="https://www.benzinga.com/general/entertainment/24/08/40411578/meta-ceo-mark-zuckerberg-commissions-statue-of-wife-priscilla-chan-sparks-online-buzz-bring">Priscilla Chan</a>, answered rapid-fire questions while offering a glimpse into their daily life. From sharing their favorite school subjects (Zuckerberg loves coding, biology and math) to talking about making homemade ice cream (from their own dairy cow, no less) with their kids. Zuckerberg even joked about losing a pair of mittens Chan made for him when they were teenagers.
See Also: It&#8217;s no wonder Jeff Bezos holds over $70 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
The <a href="https://www.benzinga.com/news/24/01/36593131/science-takes-center-stage-at-czi-as-mark-zuckerberg-and-priscilla-chan-alter-philanthropic-course">Chan Zuckerberg Initiative</a> has been working on innovative health projects, such as developing microsensors to detect inflammation in the body. Zuckerberg highlighted their potential to help people live healthier lives, showcasing the couple's commitment to merging technology and philanthropy.
While the video celebrated the couple's efforts to advance education, health care and scientific research, Zuckerberg's growing watch collection caught some extra attention. Known for his simple wardrobe, his taste in watches is anything but basic. The Patek Philippe 5303R, originally retailing for $720,000, now commands an average selling price of $1.2 million. It joins other high-end pieces in Zuckerberg's collection, like the Bulgari Octo Finissimo Ultra COSC, which was spotted on his wrist earlier this year.
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a>
<h2 class="wp-block-heading">Addressing the Bunker Rumors</h2>
In addition to his nonprofit work and luxury watches, Zuckerberg recently clarified rumors surrounding a supposed <a href="https://www.benzinga.com/startups/24/01/36720135/mark-zuckerberg-spent-187-million-secretly-buying-1-600-acres-of-hawaii-land-and-now-he-is-reportedl">massive bunker</a> on his Hawaii compound. In an interview with Bloomberg, he addressed a WIRED report that suggested he was building a 5,000-square-foot bunker under his Kauai property.
"That's just like a little shelter," Zuckerberg said. "Whatever you want to call it, hurricane shelter, whatever. I think it got like, blown out of proportion as if like the whole ranch was some kind of doomsday bunker, which is just not true."
He explained that their <a href="https://www.benzinga.com/real-estate/24/06/39437900/mark-zuckerberg-owns-over-1-200-acres-of-land-including-a-hawaiian-doomsday-bunker-now-hes-building">Hawaii property, Koolau Ranch</a>, focuses on ranching and sustainability. "The Kauai thing is really fun," he shared. "We have this whole vertical integration plan where we're growing macadamia nuts to feed the macadamia meal and we're brewing beer because that helps [the cattle] eat more. That's fun."
Read Next:
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<li>The number of ‘401(k)' Millionaires is up 43% from last year —<a href="https://www.benzinga.com/money/401k-millionaires"> Here are three ways to join the club.</a></li>
<li>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></li>
</ul>

Mark Zuckerberg Talks Non-Profit Achievements While Displaying A $1.2 Million Patek Philippe Watch

In the current market session, L3Harris Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>) share price is at $213.79, after a 0.22% spike. Moreover, over the past month, the stock decreased by 13.18%, but in the past year, went up by 1.51%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1735232408_0.png" alt="Past Year Chart" />

<h3>Comparing L3Harris Technologies P/E Against Its Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
L3Harris Technologies has a lower P/E than the aggregate P/E of 71.42 of the Aerospace &amp; Defense industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1735232408_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Price Over Earnings Overview: L3Harris Technologies

IONQ

IonQ shares are trading higher amid recent momentum in quantum-linked stocks.

Linkers Industries Shares Halted To The Downside; Stock Now Down -21.69%

QBTS

D-Wave Quantum Inc. shares are trading higher amid continued momentum in quantum stocks.

WiMi Hologram Cloud shares are trading higher after the company announced the development of a Quantum Technology-Based Random Access Memory Architecture.

KULR

KULR Technology shares are trading higher. The company announced it invested $21M in Bitcoin as part of its treasury strategy.

Financial giants have made a conspicuous bullish move on IonQ. Our analysis of options history for IonQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>) revealed 40 unusual trades.
Delving into the details, we found 42% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $225,930, and 35 were calls, valued at $4,686,955.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $25.0 and $65.0 for IonQ, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of IonQ stands at 1094.17, with a total volume reaching 38,651.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in IonQ, situated within the strike price corridor from $25.0 to $65.0, throughout the last 30 days.
<h3>IonQ 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735231543_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>IONQ</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$8.5</td>
<td>$8.1</td>
<td>$8.1</td>
<td>$65.00</td>
<td>$810.0K</td>
<td align="right">678</td>
<td>4.2K</td>
</tr>
<tr>
<td>IONQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/03/25</td>
<td>$10.4</td>
<td>$10.2</td>
<td>$10.4</td>
<td>$35.00</td>
<td>$208.0K</td>
<td align="right">183</td>
<td>1.1K</td>
</tr>
<tr>
<td>IONQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/03/25</td>
<td>$10.4</td>
<td>$10.15</td>
<td>$10.4</td>
<td>$35.00</td>
<td>$208.0K</td>
<td align="right">183</td>
<td>900</td>
</tr>
<tr>
<td>IONQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/03/25</td>
<td>$10.4</td>
<td>$10.05</td>
<td>$10.38</td>
<td>$35.00</td>
<td>$207.8K</td>
<td align="right">183</td>
<td>700</td>
</tr>
<tr>
<td>IONQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/03/25</td>
<td>$10.4</td>
<td>$10.05</td>
<td>$10.38</td>
<td>$35.00</td>
<td>$207.6K</td>
<td align="right">183</td>
<td>300</td>
</tr>
</tbody>
</table>

<h3>About IonQ</h3>
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems, and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
Following our analysis of the options activities associated with IonQ, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of IonQ</h3>
<ul>
<li>Currently trading with a volume of 11,841,948, the IONQ's price is up by 4.31%, now at $46.5. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 62 days.</li>
</ul>
<h3>What Analysts Are Saying About IonQ</h3>
In the last month, 2 experts released ratings on this stock with an average target price of $47.5.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from DA Davidson has revised its rating downward to Buy, adjusting the price target to $50. 
&#x2A; An analyst from Craig-Hallum persists with their Buy rating on IonQ, maintaining a target price of $45. 
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 IonQ, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Market Whales and Their Recent Bets on IONQ Options

Investors with significant funds have taken a bullish position in Devon Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in DVN usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 14 options transactions for Devon Energy. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 42% being bullish and 42% bearish. Of all the options we discovered, 13 are puts, valued at $6,851,285, and there was a single call, worth $45,091.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $25.0 to $47.5 for Devon Energy over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Devon Energy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Devon Energy's substantial trades, within a strike price spectrum from $25.0 to $47.5 over the preceding 30 days.
<h3>Devon Energy Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735231537_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>DVN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$14.3</td>
<td>$10.35</td>
<td>$11.9</td>
<td>$42.50</td>
<td>$6.2M</td>
<td>2.4K</td>
<td>5.2K</td>
</tr>
<tr>
<td>DVN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$1.22</td>
<td>$1.09</td>
<td>$1.21</td>
<td>$25.00</td>
<td>$193.6K</td>
<td>75</td>
<td>1.6K</td>
</tr>
<tr>
<td>DVN</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$8.85</td>
<td>$8.75</td>
<td>$8.8</td>
<td>$40.00</td>
<td>$58.9K</td>
<td>4.3K</td>
<td>75</td>
</tr>
<tr>
<td>DVN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$5.5</td>
<td>$5.2</td>
<td>$5.2</td>
<td>$35.00</td>
<td>$56.6K</td>
<td>8.4K</td>
<td>988</td>
</tr>
<tr>
<td>DVN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$4.5</td>
<td>$4.4</td>
<td>$4.5</td>
<td>$32.50</td>
<td>$51.3K</td>
<td>1.4K</td>
<td>1</td>
</tr>
</tbody>
</table>

<h3>About Devon Energy</h3>
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2023, Devon reported net proved reserves of 1.8 billion barrels of oil equivalent. Net production averaged roughly 658,000 barrels of oil equivalent per day in 2023 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
<h3>Where Is Devon Energy Standing Right Now?</h3>
<ul>
<li>With a volume of 2,702,144, the price of DVN is down -0.14% at $31.2. </li>
<li>RSI indicators hint that the underlying stock may be oversold.</li>
<li>Next earnings are expected to be released in 61 days.</li>
</ul>
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Devon Energy Unusual Options Activity For December 26

Deep-pocketed investors have adopted a bullish approach towards Viking Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VKTX#NASDAQ">VKTX</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 VKTX usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Viking Therapeutics. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 60% leaning bullish and 40% bearish. Among these notable options, 4 are puts, totaling $243,720, and 6 are calls, amounting to $226,072.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $30.0 to $50.0 for Viking Therapeutics over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Viking Therapeutics's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Viking Therapeutics's substantial trades, within a strike price spectrum from $30.0 to $50.0 over the preceding 30 days.
<h3>Viking Therapeutics Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1735231532_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 align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>VKTX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$10.5</td>
<td>$10.3</td>
<td>$10.4</td>
<td>$50.00</td>
<td>$126.8K</td>
<td>1.0K</td>
<td align="right">184</td>
</tr>
<tr>
<td>VKTX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$7.7</td>
<td>$7.3</td>
<td>$7.37</td>
<td>$50.00</td>
<td>$65.8K</td>
<td>2.0K</td>
<td align="right">97</td>
</tr>
<tr>
<td>VKTX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$4.2</td>
<td>$4.1</td>
<td>$4.1</td>
<td>$44.50</td>
<td>$46.7K</td>
<td>3</td>
<td align="right">117</td>
</tr>
<tr>
<td>VKTX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$10.6</td>
<td>$10.4</td>
<td>$10.4</td>
<td>$50.00</td>
<td>$41.6K</td>
<td>1.0K</td>
<td align="right">62</td>
</tr>
<tr>
<td>VKTX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$3.8</td>
<td>$3.6</td>
<td>$3.76</td>
<td>$50.00</td>
<td>$37.6K</td>
<td>3.8K</td>
<td align="right">402</td>
</tr>
</tbody>
</table>

<h3>About Viking Therapeutics</h3>
Viking Therapeutics Inc is a healthcare service provider. The company specializes in the area of biopharmaceutical development focused on metabolic and endocrine disorders. The company's clinical program pipeline consists of VK2809, VK5211, VK0214 products. VK2809 and VK0214 are orally available, tissue and receptor-subtype selective agonists of the thyroid hormone receptor beta. VK5211 is an orally available, non-steroidal selective androgen receptor modulator.
Having examined the options trading patterns of Viking Therapeutics, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Viking Therapeutics</h3>
<ul>
<li>With a trading volume of 694,938, the price of VKTX is down by -0.83%, reaching $42.0.</li>
<li>Current RSI values indicate that the stock is may be approaching oversold.</li>
<li>Next earnings report is scheduled for 41 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Viking Therapeutics</h3>
In the last month, 4 experts released ratings on this stock with an average target price of $95.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; In a cautious move, an analyst from HC Wainwright &amp; Co. downgraded its rating to Buy, setting a price target of $102. 
&#x2A; In a cautious move, an analyst from Piper Sandler downgraded its rating to Overweight, setting a price target of $74. 
&#x2A; In a cautious move, an analyst from HC Wainwright &amp; Co. downgraded its rating to Buy, setting a price target of $102. 
&#x2A; In a cautious move, an analyst from HC Wainwright &amp; Co. downgraded its rating to Buy, setting a price target of $102. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Viking Therapeutics with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

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Unpacking the Latest Options Trading Trends in Viking Therapeutics

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