Investors with plenty of money to spend have taken a bullish stance Energy of the constellation CEG.
And retailers should know this.
We noticed this today when the trades appeared in the publicly available options history we track here at Benzinga.
We don't know if it's institutions or wealthy individuals, but when something this big happens with CEG, it often means someone knows something is about to happen.
So how do we know what these investors just did?
Today, Gasoline poweredThe options scanner detected 25 unusual options trades for Constellation Energy.
This is not normal.
The overall sentiment of these top traders is split between 44% bullish and 44% bearish.
Of all the special options we discovered, 11 are put options, for a total amount of $703,240, and 14 are call options, for a total amount of $1,207,655.
Expected price movements
Looking at the volume and open interest in these contracts, it appears that the big players have been eyeing a price window of $155.0 to $240.0 for Constellation Energy over the past quarter.
Volume and Open Interest Information
In terms of liquidity and interest, the average open interest for Constellation Energy options trades today is 1154.36 with a total volume of 15,358.00.
In the chart below, we can follow the development of volume and open interest of call and put options for large money Constellation Energy trades within a strike price range of $155.0 to $240.0 over the past 30 days.
Constellation Energy Call and Put Options Volume – 30-Day Overview
Major options trades detected:
| Symbol | PUT/CALL | Type of trade | Feeling | Expiration date | Ask | Tender | Price | Strike price | Total commercial price | Open interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CEG | CALL | SWEEP | BEARISH | 17/01/25 | $14.3 | $14.1 | $14.3 | $200.00 | $526.4K | 2.2K | 369 |
| CEG | PUT | SWEEP | BULLISH | 16/01/26 | $19.3 | $18.8 | $18.8 | $155.00 | $163,500 | 523 | 114 |
| CEG | PUT | SWEEP | BEARISH | 09/20/24 | $4.1 | $4.0 | $4.0 | $175.00 | 147.6 thousand dollars | 578 | 386 |
| CEG | CALL | SWEEP | BEARISH | 17/01/25 | $6.5 | 6.2 | $6.3 | $230.00 | $105.2K | 1.4K | 173 |
| CEG | CALL | SWEEP | BULLISH | 16/01/26 | $19.2 | $18.7 | $19.07 | $240.00 | $89,500 | 123 | 88 |
About Constellation Energy
Constellation Energy Corp. provides energy solutions. It delivers clean energy and sustainable solutions to households, businesses, the public sector, community groups, and a variety of wholesale customers (such as municipalities, cooperatives, and other strategic entities). The company offers comprehensive energy solutions and a variety of pricing options for electricity, natural gas, and renewable energy products for businesses of all sizes.
Having examined Constellation Energy’s options trading patterns, we will now focus directly on the company. This shift allows us to take a deeper look at its current market position and performance.
Where is Constellation Energy currently located?
- With a trading volume of 2,308,596, CEG price dropped by -8.58% to $179.82.
- Current RSI values indicate that the stock is currently neutral between overbought and oversold.
- The next earnings report is scheduled for 62 days from now.
Professional Analyst Ratings for Constellation Energy
A total of 5 professional analysts have given their opinion on this stock in the last 30 days, setting an average target price of $214.4.
- An Evercore ISI Group analyst maintains his Outperform rating on Constellation Energy, maintaining a $212 price target.
- In keeping with his assessment, an analyst at B of A Securities maintains a Neutral rating on Constellation Energy with a price target of $208.
- True to his assessment, a Mizuho analyst maintains a Neutral rating on Constellation Energy with a target price of $189.
- Maintaining his stance, a Morgan Stanley analyst continues to maintain an Overweight rating on Constellation Energy, targeting a price of $233.
- In keeping with his assessment, a UBS analyst maintains a Buy rating on Constellation Energy with a price target of $230.
Options trading presents higher risks and potential rewards. Savvy traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed on the latest Constellation Energy options trades with real-time alerts from Benzinga Pro.
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