Deep-pocketed investors have adopted a bearish approach towards Vistra VST, 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 VST usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Vistra. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 37% leaning bullish and 62% bearish. Among these notable options, 3 are puts, totaling $133,350, and 5 are calls, amounting to $535,240.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $57.5 to $77.5 for Vistra over the recent three months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Vistra'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 Vistra's whale activity within a strike price range from $57.5 to $77.5 in the last 30 days.
Vistra Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| VST | CALL | TRADE | BULLISH | 04/19/24 | $10.5 | $10.4 | $10.5 | $57.50 | $210.0K | 867 | 200 |
| VST | CALL | SWEEP | BULLISH | 10/18/24 | $15.2 | $14.9 | $15.2 | $57.50 | $124.6K | 9 | 82 |
| VST | CALL | SWEEP | BEARISH | 05/17/24 | $1.25 | $1.2 | $1.2 | $77.50 | $120.1K | 1.9K | 46 |
| VST | PUT | SWEEP | BEARISH | 04/19/24 | $1.35 | $1.2 | $1.35 | $67.50 | $53.0K | 4.2K | 1.3K |
| VST | CALL | TRADE | BULLISH | 06/21/24 | $5.1 | $4.9 | $5.1 | $70.00 | $50.9K | 1.7K | 100 |
About Vistra
Vistra Energy is one of the largest power producers and retail energy providers in the us Following the 2024 Energy Harbor acquisition, Vistra owns 41 gigawatts of nuclear, coal, natural gas, and solar power generation along with one of the largest utility-scale battery projects in the world. Its retail electricity business serves 5 million customers in 20 states, including almost a third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. It acquired Dynegy in 2018.
In light of the recent options history for Vistra, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Vistra
- With a volume of 2,201,093, the price of VST is up 2.29% at $69.15.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 21 days.
Professional Analyst Ratings for Vistra
In the last month, 3 experts released ratings on this stock with an average target price of $78.33333333333333.
- An analyst from Morgan Stanley has decided to maintain their Overweight rating on Vistra, which currently sits at a price target of $78.
- An analyst from Morgan Stanley persists with their Overweight rating on Vistra, maintaining a target price of $78.
- Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Vistra with a target price of $79.
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 Vistra with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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