Talen Energy Unusual Options Activity For March 26

Investors with a lot of money to spend have taken a bullish stance on Talen Energy TLN.

And retail traders should know.

We noticed this today when the trades 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 TLN, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 10 uncommon options trades for Talen Energy.

This isn't normal.

The overall sentiment of these big-money traders is split between 50% bullish and 50%, bearish.

Out of all of the special options we uncovered, 4 are puts, for a total amount of $235,172, and 6 are calls, for a total amount of $397,268.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $175.0 to $270.0 for Talen Energy during the past quarter.

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 Talen 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 Talen Energy's whale trades within a strike price range from $175.0 to $270.0 in the last 30 days.

Talen Energy 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

About Talen Energy

Talen Energy Corp is an independent power producer and energy infrastructure company. The company owns and operates approximately 10.7 gigawatts of power infrastructure in the United States. The group produces and sells electricity, capacity, and ancillary services into wholesale U.S. power markets, including PJM and WECC, with its generation fleet located in the Mid-Atlantic and Montana.

Present Market Standing of Talen Energy

• With a trading volume of 635,019, the price of TLN is down by -5.5%, reaching $205.75.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 139 days from now.

Expert Opinions on Talen Energy

Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $262.5.

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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. * Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Talen Energy, targeting a price of $282. * An analyst from Morgan Stanley has revised its rating downward to Overweight, adjusting the price target to $243.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Talen Energy options trades with real-time alerts from Benzinga Pro.