Smart Money Is Betting Big In Bloom Energy Options

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Financial giants have made a conspicuous bearish move on Bloom Energy. Our analysis of options history for Bloom Energy BE revealed 8 unusual trades.

Delving into the details, we found 25% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $274,959, and 5 were calls, valued at $206,930.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $10.0 to $26.0 for Bloom Energy over the recent three months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Bloom Energy options trades today is 1697.67 with a total volume of 4,315.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Bloom Energy's big money trades within a strike price range of $10.0 to $26.0 over the last 30 days.

Bloom Energy Call and Put Volume: 30-Day Overview

Options Call Chart

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
BE PUT TRADE NEUTRAL 01/16/26 $4.5 $4.2 $4.33 $20.00 $222.1K 367 514
BE CALL SWEEP NEUTRAL 01/17/25 $13.8 $13.7 $13.75 $10.00 $68.7K 3.9K 50
BE CALL SWEEP BEARISH 05/16/25 $5.9 $5.7 $5.81 $22.00 $51.3K 63 90
BE CALL SWEEP BULLISH 02/21/25 $2.1 $2.0 $2.1 $26.00 $34.4K 919 191
BE PUT SWEEP BEARISH 01/17/25 $0.3 $0.2 $0.3 $21.00 $27.4K 3.8K 990

About Bloom Energy

Bloom Energy designs, manufactures, sells, and installs solid-oxide fuel cell systems ("Energy Servers") for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. In 2021, the company announced plans to leverage its technology and enter the electrolyzer market. Bloom primarily sells its systems in the United States and internationally.

Where Is Bloom Energy Standing Right Now?

  • Currently trading with a volume of 3,870,915, the BE's price is down by -5.15%, now at $23.77.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 36 days.

What The Experts Say On Bloom Energy

A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $29.0.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * In a cautious move, an analyst from Roth MKM downgraded its rating to Neutral, setting a price target of $25. * An analyst from Baird persists with their Outperform rating on Bloom Energy, maintaining a target price of $32. * Consistent in their evaluation, an analyst from BTIG keeps a Buy rating on Bloom Energy with a target price of $30.

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 Bloom Energy with Benzinga Pro for real-time alerts.

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