Financial giants have made a conspicuous bullish move on Cameco. Our analysis of options history for Cameco CCJ revealed 17 unusual trades.
Delving into the details, we found 58% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $284,085, and 14 were calls, valued at $736,065.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $40.0 to $58.0 for Cameco over the recent three 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 Cameco's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Cameco's substantial trades, within a strike price spectrum from $40.0 to $58.0 over the preceding 30 days.
Cameco Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CCJ | PUT | SWEEP | BULLISH | 03/21/25 | $6.85 | $6.75 | $6.75 | $47.00 | $210.6K | 1 | 314 |
| CCJ | CALL | SWEEP | BEARISH | 08/02/24 | $0.31 | $0.25 | $0.28 | $47.00 | $109.1K | 1.2K | 14.9K |
| CCJ | CALL | TRADE | BEARISH | 03/21/25 | $9.05 | $8.8 | $8.9 | $40.00 | $89.0K | 28 | 0 |
| CCJ | CALL | SWEEP | BULLISH | 08/02/24 | $0.15 | $0.13 | $0.15 | $47.00 | $75.3K | 1.2K | 620 |
| CCJ | CALL | TRADE | BULLISH | 08/16/24 | $1.31 | $1.25 | $1.29 | $45.00 | $64.5K | 565 | 949 |
About Cameco
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.
After a thorough review of the options trading surrounding Cameco, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of Cameco
- With a volume of 5,972,024, the price of CCJ is up 2.71% at $45.48.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 0 days.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Cameco options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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