Options activity suggests traders don't think the rally in Beyond Meat stock is done yet. Data shows that some traders anticipate further gains through the end of this week. It's risky to pile in at these levels, and two data points suggest investors should be cautious. Beyond Meat stock has seen volatile trading on Wednesday after days of stellar gains, but options trading activity show that some investors still see big gains ahead. A retail trader who goes by Capybara Stocks online has been at th ...

Core Insights - Investors are taking a bearish stance on Lumentum Holdings, with significant options trades indicating potential insider knowledge of upcoming events [1][2] - The overall sentiment among large investors is 25% bullish and 50% bearish, with a notable volume of call and put options [2] - Major market movers are focusing on a price range between $95.0 and $250.0 for Lumentum Holdings over the past three months [3] Options Trading Activity - A total of 16 uncommon options trades were identified, with 3 puts totaling $228,160 and 13 calls totaling $1,042,005 [2] - The largest observed options trades include various call and put options with significant total trade prices, indicating mixed sentiment among traders [8] Company Overview - Lumentum Holdings Inc is a California-based technology firm specializing in optical and photonic products, primarily in telecommunications and commercial lasers [9] - The company generates most of its revenue from the Optical Communications segment, which includes a wide range of components for various applications [9] Market Status and Analyst Ratings - The current market price of Lumentum Holdings is $157.01, down 3.65%, with upcoming earnings expected in 13 days [11] - Analysts have issued a consensus target price of $171.25, with varying ratings and target prices from different firms, indicating a mixed outlook [10][12]

Core Insights - Investors are showing a bullish stance on Viking Therapeutics, with significant options activity indicating potential upcoming developments [1][2] - The overall sentiment among large traders is split, with 50% bullish and 25% bearish positions noted [2] - Major market movers are focusing on a price range between $25.0 and $60.0 for Viking Therapeutics over the last three months [3] Options Activity - A total of 12 options trades were detected, with 11 being calls amounting to $1,067,687 and only 1 put totaling $41,820 [2] - The mean open interest for options trades today is 1,909, with a total volume of 3,526 [4] - Significant trades include bullish call options with strike prices at $60.00 and $25.00, with total trade prices of $260.2K and $141.5K respectively [9][10] Company Overview - Viking Therapeutics specializes in biopharmaceutical development focused on metabolic and endocrine disorders, with a pipeline that includes VK2809, VK5211, and VK0214 [11] - The company is currently trading at $30.99, down by 6.03%, with a trading volume of 2,560,725 [16] - Analysts have proposed an average target price of $102.0 for Viking Therapeutics, indicating potential upside [13][14]

Core Viewpoint - Texas Instruments Inc (NASDAQ:TXN) is experiencing a significant stock decline despite reporting better-than-expected revenue for the third quarter, primarily due to a quarterly profit miss and a bleak fourth-quarter outlook [1]. Group 1: Financial Performance - The company reported better-than-expected revenue for the third quarter but still missed profit expectations, leading to a 4.7% drop in stock price to $172.31 [1]. - Analysts have expressed pessimism regarding TXN, with 21 out of 35 analysts giving a "hold" or worse rating, and at least 11 analysts have cut their price targets, including Mizuho reducing it from $150 to $145 [2]. Group 2: Stock Performance - If the current losses persist, TXN stock will end a five-day winning streak and could face its worst single-day percentage drop since July, with an 11.3% year-over-year deficit [3]. - The stock has recently fallen to its lowest level since May, influenced by pressure from the 20-day moving average [3]. Group 3: Options Activity - There is a notable unwinding of optimism in the options market, with a 10-day call/put volume ratio of 1.62, ranking higher than 95% of annual readings, which may exert further downward pressure on TXN [4]. - Today's options activity shows 40,000 calls and 39,000 puts traded, which is nine times the typical volume, with the November 180 call being the most active contract [5].

Group 1 - Nvidia's stock price has recently settled around $181 after reaching over $190, influenced by profit-taking and a surprise tariff announcement on China [1] - CEO Jensen Huang stated that Nvidia is "100% out of China," which may not align with investor expectations [1] - Despite recent fluctuations, Nvidia remains a leader in AI chips, with a year-to-date stock increase of 35% and an average analyst rating of 4.70 out of 5, with a target price of $320 over the next twelve months [2] Group 2 - Analysts suggest that purchasing deep in-the-money (ITM) LEAPS calls on Nvidia could be a beneficial strategy [4] - Deep ITM calls involve buying options with a strike price below the current trading price, providing intrinsic value, high delta, and low time decay [6] - The concept of delta indicates the relationship between the option premium and the underlying asset, with higher delta suggesting a closer price movement to the underlying asset [8]

Core Insights - Financial institutions are showing a bullish sentiment towards Alphabet, with 46% of traders being bullish and 42% bearish, indicating a mixed outlook in options trading [1] - The predicted price range for Alphabet over the last three months is between $165.0 and $380.0, suggesting significant interest from large investors [2] - Recent options activity indicates a notable volume and open interest in both calls and puts, reflecting liquidity and trader sentiment [3][4] Options Activity - A total of 325 unusual trades were identified for Alphabet, with 124 puts valued at $9,643,500 and 201 calls valued at $18,266,274, highlighting a strong trading interest [1] - Significant options trades include bearish puts with strike prices around $165 and bullish calls with higher strike prices, indicating diverse strategies among traders [8] Company Overview - Alphabet, the parent company of Google, generates nearly 90% of its revenue from advertising, with additional income from subscription services, platforms, and devices [9] - The company's cloud computing segment contributes approximately 10% to its revenue, alongside investments in emerging technologies like self-driving cars and health [9] Market Analysis - Analysts have set an average price target of $276.0 for Alphabet, with individual targets ranging from $236 to $294, reflecting a generally positive outlook despite some caution [11][12] - The current trading volume for Alphabet is 38,864,003, with the stock price at $251.38, down 2.02%, indicating a neutral market position [14]

Core Insights - Deep-pocketed investors are showing a bullish sentiment towards Marvell Technology (NASDAQ:MRVL), indicating potential significant developments ahead [1] - A notable options activity was recorded, with 112 extraordinary options activities observed, reflecting a divided sentiment among investors [2] Options Activity Summary - Among the options activities, 57% are bullish while 40% are bearish, with a total of 32 puts valued at $3,579,533 and 80 calls valued at $4,913,032 [2] - The projected price window for Marvell Tech is between $30.0 and $190.0, based on the volume and open interest analysis of options contracts [3] - The mean open interest for Marvell Tech options trades is 1,708.74, with a total volume of 17,558.00 [4] Market Position and Analyst Insights - Marvell Technology is a fabless chip designer with a strong market presence in wired networking, serving various sectors including data centers and automotive [11] - Analysts have set an average target price of $95.0 for Marvell Tech, with varying ratings from different firms [12][13] - Current trading volume for MRVL is 8,051,296, with a price of $84.08, reflecting a decrease of -2.05% [15]

Core Insights - Whales have adopted a bullish stance on Vertiv Holdings, with 58% of trades being bullish and 25% bearish [1] - The projected price targets for Vertiv Holdings range from $120.0 to $260.0 based on recent options activity [2] - The average open interest for options stands at 1,031.68, with total volume reaching 30,681.00 [3] Options Trading Activity - A total of 74 trades were detected, with 45 puts totaling $1,994,047 and 29 calls totaling $2,676,458 [1] - The largest observed options trades include bullish and bearish sentiments, with significant trade prices and varying strike prices [8] Market Position and Analyst Ratings - Vertiv Holdings has an average price target of $194.8 from five professional analysts, with individual targets ranging from $180 to $206 [11][12] - The company has a historical background dating back to 1946, focusing on air-cooling systems and expanding its data center portfolio through product development and acquisitions [9][10] Current Stock Performance - The current trading volume for Vertiv Holdings is 2,206,323, with a price decrease of 1.76%, reaching $172.64 [14]

Core Viewpoint - Alphabet's shares reached a new record following Bank of America's price target increase to $280 from $252, maintaining a buy rating ahead of the earnings report due on October 29th [1]. Group 1: Analyst Ratings and Price Targets - Bank of America raised its revenue estimates for Alphabet's upcoming quarter due to higher-than-expected third-quarter ad spending [2]. - Oppenheimer increased its price target to $300 from $270 while keeping a buy rating [4]. - Guggenheim also raised its price target to $280 from $210, maintaining a buy rating [4]. Group 2: Stock Performance - Alphabet's stock has increased approximately 35% year-to-date and 56% over the past year, outperforming the communications sector, which is up about 28% [2][4]. - The stock is on track for a high close, currently trading at 256.57, with a potential all-time high close [6][15]. Group 3: Technical Analysis - The stock has shown a breakout from a rising wedge pattern, typically viewed as bearish, but in this case, it resulted in an upside breakout [5]. - Current price action is pushing above previous highs near 256, indicating positive momentum despite some bearish divergence in the RSI [8][12]. - The expected move for the stock by November 21st is plus or minus about 10.7%, with support levels near 241 [11]. Group 4: Options Activity - Options volume is slightly below average, with 62% of contracts being calls out of 212,000 contracts traded [10]. - Notable trades include large call purchases for January 16th and January 21st, indicating bullish sentiment [13][14].

Time now for options corner. Joining us to take a deeper look at this chart is Rick Dukat, lead market technician here on Schwab Network. All right, Rick, take us through the trends you notice in this chart.>> Yes, good morning. And when we look at GE, you know, it's split into three companies. GE, the aerospace and defense company, GE Vernova, the energy company, and GE uh healthcare here.And it's kind of an interesting microcosm of how the market has gone here. uh energy very strong and GE itself doing qu ...