Investors with a lot of money to spend have taken a bullish stance on Nucor NUE.
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NUE, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 11 options trades for Nucor.
This isn't normal.
The overall sentiment of these big-money traders is split between 54% bullish and 36%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $49,685, and 10, calls, for a total amount of $538,690.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $125.0 to $170.0 for Nucor over the last 3 months.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Nucor's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Nucor's significant trades, within a strike price range of $125.0 to $170.0, over the past month.
Nucor Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NUE | CALL | TRADE | BULLISH | 09/19/25 | $17.0 | $16.0 | $17.0 | $135.00 | $204.0K | 82 | 121 |
| NUE | PUT | TRADE | NEUTRAL | 01/17/25 | $26.5 | $25.8 | $26.15 | $160.00 | $49.6K | 916 | 39 |
| NUE | CALL | SWEEP | BULLISH | 04/17/25 | $2.0 | $1.8 | $2.0 | $170.00 | $40.0K | 620 | 805 |
| NUE | CALL | SWEEP | BULLISH | 04/17/25 | $2.0 | $1.8 | $2.0 | $170.00 | $39.8K | 620 | 1.0K |
| NUE | CALL | SWEEP | BULLISH | 04/17/25 | $2.05 | $1.8 | $2.0 | $170.00 | $39.8K | 620 | 205 |
About Nucor
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.
After a thorough review of the options trading surrounding Nucor, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Nucor Standing Right Now?
- With a trading volume of 506,529, the price of NUE is down by -3.69%, reaching $133.34.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 46 days from now.
Expert Opinions on Nucor
2 market experts have recently issued ratings for this stock, with a consensus target price of $173.0.
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. * Reflecting concerns, an analyst from Goldman Sachs lowers its rating to Buy with a new price target of $190. * An analyst from UBS downgraded its action to Neutral with a price target of $156.
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 Nucor, Benzinga Pro gives you real-time options trades alerts.
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