Deep-pocketed investors have adopted a bearish approach towards Vistra VST, 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 VST usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 15 extraordinary options activities for Vistra. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 26% leaning bullish and 60% bearish. Among these notable options, 5 are puts, totaling $386,067, and 10 are calls, amounting to $654,515.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $60.0 to $100.0 for Vistra over the last 3 months.
Volume & Open Interest Trends
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Vistra's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Vistra's substantial trades, within a strike price spectrum from $60.0 to $100.0 over the preceding 30 days.
Vistra Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| VST | PUT | TRADE | BULLISH | 01/17/25 | $20.0 | $19.8 | $19.8 | $97.50 | $144.5K | 62 | 0 |
| VST | CALL | SWEEP | BEARISH | 08/16/24 | $2.55 | $2.4 | $2.4 | $100.00 | $135.1K | 9.0K | 64 |
| VST | CALL | SWEEP | NEUTRAL | 07/19/24 | $2.0 | $1.9 | $1.93 | $95.00 | $106.1K | 2.6K | 12 |
| VST | CALL | SWEEP | BEARISH | 07/19/24 | $0.85 | $0.75 | $0.75 | $100.00 | $85.1K | 7.3K | 23 |
| VST | CALL | SWEEP | BULLISH | 01/16/26 | $26.3 | $23.9 | $25.52 | $80.00 | $77.0K | 355 | 5 |
About Vistra
Vistra Energy is one of the largest power producers and retail energy providers in the us Following the 2024 Energy Harbor acquisition, Vistra owns 41 gigawatts of nuclear, coal, natural gas, and solar power generation along with one of the largest utility-scale battery projects in the world. Its retail electricity business serves 5 million customers in 20 states, including almost a third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. It acquired Dynegy in 2018.
Following our analysis of the options activities associated with Vistra, we pivot to a closer look at the company's own performance.
Vistra's Current Market Status
- With a trading volume of 3,200,066, the price of VST is down by -3.57%, reaching $84.11.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 40 days from now.
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 Vistra, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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