High-rolling investors have positioned themselves bearish on CONSOL Energy CEIX, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in CEIX often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 9 options trades for CONSOL Energy. This is not a typical pattern.
The sentiment among these major traders is split, with 22% bullish and 77% bearish. Among all the options we identified, there was one put, amounting to $168,750, and 8 calls, totaling $259,813.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $30.0 to $82.5 for CONSOL Energy during the past quarter.
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 CONSOL 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 CONSOL Energy's significant trades, within a strike price range of $30.0 to $82.5, over the past month.
CONSOL Energy Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CEIX | PUT | TRADE | BULLISH | 05/17/24 | $4.8 | $4.5 | $4.5 | $82.50 | $168.7K | 70 | 375 |
| CEIX | CALL | TRADE | BULLISH | 01/17/25 | $57.3 | $53.0 | $55.64 | $30.00 | $38.9K | 72 | 42 |
| CEIX | CALL | TRADE | NEUTRAL | 01/17/25 | $57.3 | $53.0 | $55.3 | $30.00 | $38.7K | 72 | 31 |
| CEIX | CALL | TRADE | NEUTRAL | 01/17/25 | $57.3 | $53.0 | $55.39 | $30.00 | $33.2K | 72 | 42 |
| CEIX | CALL | TRADE | NEUTRAL | 01/17/25 | $57.3 | $53.0 | $55.09 | $30.00 | $33.0K | 72 | 13 |
About CONSOL Energy
CONSOL Energy Inc is a producer and exporter of high-BTU bituminous coal. It owns and operates longwall mining operations in the nation and export terminals on the Eastern seaboard. The principal activity involves mining, preparation, and marketing of thermal coal, sold to power generators. Its operating segment includes PAMC (Pennsylvania Mining Complex) and CONSOL Marine Terminal. The company generates maximum revenue from the PAMC segment.
Following our analysis of the options activities associated with CONSOL Energy, we pivot to a closer look at the company's own performance.
Where Is CONSOL Energy Standing Right Now?
- With a trading volume of 168,566, the price of CEIX is down by -1.25%, reaching $83.0.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 26 days from now.
Expert Opinions on CONSOL Energy
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $98.0.
- An analyst from B. Riley Securities has decided to maintain their Buy rating on CONSOL Energy, which currently sits at a price target of $98.
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 CONSOL Energy options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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