A whale with a lot of money to spend has taken a noticeably bearish stance on Duke Energy.
Looking at options history for Duke Energy DUK we detected 11 strange trades.
If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 63% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $120,560 and 9, calls, for a total amount of $774,142.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $115.0 for Duke Energy over the last 3 months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Duke Energy options trades today is 1613.14 with a total volume of 3,137.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Duke Energy's big money trades within a strike price range of $50.0 to $115.0 over the last 30 days.
Duke Energy Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| DUK | CALL | TRADE | BULLISH | 01/16/26 | $60.00 | $183.0K | 3 | 100 |
| DUK | CALL | TRADE | BEARISH | 01/17/25 | $65.00 | $160.0K | 81 | 90 |
| DUK | CALL | TRADE | BULLISH | 01/16/26 | $60.00 | $108.7K | 3 | 30 |
| DUK | PUT | TRADE | BULLISH | 01/17/25 | $110.00 | $94.5K | 27 | 59 |
| DUK | CALL | SWEEP | BULLISH | 01/16/26 | $60.00 | $72.6K | 3 | 50 |
Where Is Duke Energy Standing Right Now?
- With a volume of 4,593,767, the price of DUK is up 1.67% at $95.45.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 50 days.
What The Experts Say On Duke Energy:
- Barclays downgraded its action to Overweight with a price target of $96
- RBC Capital has decided to maintain their Sector Perform rating on Duke Energy, which currently sits at a price target of $101.
- JP Morgan has decided to maintain their Neutral rating on Duke Energy, which currently sits at a price target of $101.
- Morgan Stanley has decided to maintain their Equal-Weight rating on Duke Energy, which currently sits at a price target of $95.
- Mizuho has decided to maintain their Neutral rating on Duke Energy, which currently sits at a price target of $91.
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 Duke Energy, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
