What the Options Market Tells Us About Constellation Energy

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Deep-pocketed investors have adopted a bullish approach towards Constellation Energy CEG, 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 CEG usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for Constellation Energy. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 53% leaning bullish and 23% bearish. Among these notable options, 7 are puts, totaling $451,250, and 6 are calls, amounting to $252,706.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $250.0 to $350.0 for Constellation Energy over the last 3 months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Constellation Energy's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Constellation Energy's whale trades within a strike price range from $250.0 to $350.0 in the last 30 days.

Constellation Energy Option Volume And Open Interest Over 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
CEG PUT TRADE BULLISH 02/21/25 $2.75 $2.2 $2.2 $250.00 $165.0K 1.6K 755
CEG PUT SWEEP NEUTRAL 04/17/25 $14.4 $11.9 $13.29 $260.00 $66.3K 797 100
CEG CALL SWEEP BEARISH 02/28/25 $16.7 $15.6 $15.6 $305.00 $62.4K 56 41
CEG PUT TRADE BULLISH 04/17/25 $14.2 $13.5 $13.75 $260.00 $61.8K 797 50
CEG PUT TRADE BULLISH 01/15/27 $104.5 $102.3 $102.3 $350.00 $51.1K 27 5

About Constellation Energy

Constellation Energy Corp offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.

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

Where Is Constellation Energy Standing Right Now?

  • Currently trading with a volume of 653,710, the CEG's price is down by -0.3%, now at $299.08.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 22 days.

Expert Opinions on Constellation Energy

3 market experts have recently issued ratings for this stock, with a consensus target price of $328.6666666666667.

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. * An analyst from Keybanc has decided to maintain their Overweight rating on Constellation Energy, which currently sits at a price target of $337. * Consistent in their evaluation, an analyst from Jefferies keeps a Hold rating on Constellation Energy with a target price of $274. * An analyst from Wells Fargo persists with their Overweight rating on Constellation Energy, maintaining a target price of $375.

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 Constellation Energy with Benzinga Pro for real-time alerts.

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