Financial giants have made a conspicuous bullish move on Peabody Energy. Our analysis of options history for Peabody Energy BTU revealed 8 unusual trades.
Delving into the details, we found 75% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $71,681, and 6 were calls, valued at $281,679.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $20.0 and $35.0 for Peabody Energy, spanning the last three months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Peabody Energy'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 Peabody Energy's whale trades within a strike price range from $20.0 to $35.0 in the last 30 days.
Peabody Energy Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| BTU | CALL | TRADE | BULLISH | 01/17/25 | $20.00 | $70.0K | 21.5K | 100 |
| BTU | CALL | TRADE | BEARISH | 01/17/25 | $35.00 | $60.7K | 21.0K | 956 |
| BTU | CALL | TRADE | BULLISH | 01/17/25 | $25.00 | $44.8K | 3.8K | 115 |
| BTU | PUT | TRADE | BULLISH | 01/17/25 | $27.00 | $43.0K | 1.5K | 110 |
| BTU | CALL | TRADE | BEARISH | 01/17/25 | $35.00 | $39.6K | 21.0K | 356 |
About Peabody Energy
Peabody Energy Corp is a producer of metallurgical and thermal coal. It also markets and brokers coal, both as principal and agent, and trades coal and freight-related contracts. The company operates in the following segment: Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, Midwestern U.S. Mining, Other U.S. Thermal Mining, and Corporate and Other.
In light of the recent options history for Peabody Energy, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Peabody Energy's Current Market Status
- With a volume of 2,962,245, the price of BTU is down -4.67% at $24.72.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 0 days.
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 Peabody Energy with Benzinga Pro for real-time alerts.
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