Decoding Nano Nuclear Energy's Options Activity: What's the Big Picture?

Whales with a lot of money to spend have taken a noticeably bearish stance on Nano Nuclear Energy.

Looking at options history for Nano Nuclear Energy NNE we detected 11 trades.

If we consider the specifics of each trade, it is accurate to state that 18% of the investors opened trades with bullish expectations and 81% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $244,860 and 5, calls, for a total amount of $344,464.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $20.0 to $30.0 for Nano Nuclear Energy over the recent three months.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of Nano Nuclear Energy stands at 487.5, with a total volume reaching 2,819.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Nano Nuclear Energy, situated within the strike price corridor from $20.0 to $30.0, throughout the last 30 days.

Nano Nuclear Energy Option Activity Analysis: Last 30 Days

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
NNE CALL SWEEP BEARISH 11/29/24 $4.6 $3.8 $3.8 $23.00 $162.7K 596 490
NNE PUT TRADE BULLISH 04/17/25 $6.7 $6.2 $6.32 $20.00 $63.2K 276 180
NNE CALL SWEEP BEARISH 11/29/24 $4.8 $4.3 $4.39 $22.00 $55.1K 237 176
NNE CALL TRADE BEARISH 04/17/25 $4.9 $4.8 $4.8 $30.00 $48.0K 557 419
NNE CALL TRADE BEARISH 12/27/24 $3.4 $3.2 $3.2 $26.00 $48.0K 5 150

About Nano Nuclear Energy

Nano Nuclear Energy Inc is an early-stage nuclear energy company developing smaller, cheaper, and safer advanced portable clean energy solutions. It is focused on four business lines as part of development: Micro Nuclear Reactor Business is developing the next-generation nuclear microreactors, in particular ZEUS, a solid core battery reactor, and ODIN, a low-pressure salt coolant reactor. Fuel Fabrication Business, Fuel Transportation Business and Nuclear Consultation Services.

Current Position of Nano Nuclear Energy

  • With a volume of 6,035,916, the price of NNE is up 8.15% at $25.11.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 13 days.

Expert Opinions on Nano Nuclear Energy

A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $58.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from HC Wainwright & Co. has revised its rating downward to Buy, adjusting the price target to $50. * Maintaining their stance, an analyst from Benchmark continues to hold a Buy rating for Nano Nuclear Energy, targeting a price of $66.

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 Nano Nuclear Energy with Benzinga Pro for real-time alerts.

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