Check Out What Whales Are Doing With NNE

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Deep-pocketed investors have adopted a bearish approach towards Nano Nuclear Energy NNE, 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 NNE usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Nano Nuclear Energy. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 10% leaning bullish and 80% bearish. Among these notable options, 2 are puts, totaling $109,248, and 8 are calls, amounting to $838,464.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $25.0 and $50.0 for Nano Nuclear Energy, spanning the last three months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Nano Nuclear Energy's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Nano Nuclear Energy's significant trades, within a strike price range of $25.0 to $50.0, over the past month.

Nano Nuclear Energy Option Activity Analysis: Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
NNE CALL SWEEP BEARISH 02/21/25 $11.3 $10.8 $10.8 $30.00 $367.2K 4.2K 7
NNE CALL SWEEP BEARISH 02/21/25 $12.5 $11.7 $12.1 $29.00 $166.9K 291 26
NNE PUT SWEEP BEARISH 01/31/25 $2.75 $2.75 $2.75 $41.50 $83.5K 315 304
NNE CALL TRADE BULLISH 01/16/26 $15.3 $13.6 $15.0 $25.00 $75.0K 631 50
NNE CALL SWEEP BEARISH 02/21/25 $5.0 $4.9 $4.9 $40.00 $74.9K 3.5K 236

About Nano Nuclear Energy

Nano Nuclear Energy Inc is an early-stage nuclear energy company developing smaller, cheaper, and safer 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 Processing Business; Fuel Fabrication Business; Fuel Transportation Business, and Nuclear Consultation Services.

After a thorough review of the options trading surrounding Nano Nuclear Energy, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Nano Nuclear Energy's Current Market Status

  • Trading volume stands at 5,031,052, with NNE's price up by 11.6%, positioned at $40.78.
  • RSI indicators show the stock to be may be approaching overbought.
  • Earnings announcement expected in 15 days.

What Analysts Are Saying About Nano Nuclear Energy

1 market experts have recently issued ratings for this stock, with a consensus target price of $50.0.

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. * In a cautious move, an analyst from HC Wainwright & Co. downgraded its rating to Buy, setting a price target of $50.

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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