Whales with a lot of money to spend have taken a noticeably bearish stance on Cameco.
Looking at options history for Cameco CCJ we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $64,980 and 6, calls, for a total amount of $210,697.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $25.0 to $60.0 for Cameco over the recent three months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Cameco options trades today is 3387.38 with a total volume of 1,917.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Cameco's big money trades within a strike price range of $25.0 to $60.0 over the last 30 days.
Cameco Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CCJ | CALL | TRADE | NEUTRAL | 01/17/25 | $31.65 | $30.2 | $30.93 | $25.00 | $61.8K | 884 | 20 |
| CCJ | CALL | TRADE | BULLISH | 06/21/24 | $1.81 | $1.78 | $1.8 | $55.00 | $36.0K | 14.3K | 861 |
| CCJ | PUT | SWEEP | BEARISH | 08/16/24 | $3.8 | $3.75 | $3.75 | $55.00 | $33.0K | 706 | 109 |
| CCJ | PUT | SWEEP | BULLISH | 06/20/25 | $4.0 | $3.9 | $3.9 | $45.00 | $31.9K | 98 | 84 |
| CCJ | CALL | TRADE | BEARISH | 06/07/24 | $1.61 | $1.58 | $1.58 | $54.00 | $31.6K | 1.3K | 488 |
About Cameco
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe. one of those uranium producers. Cameco has three reportable segments, uranium, fuel services and Westinghouse. It derives maximum revenue from Uranium Segment. It has some projects namely; Millennium, Yeelirrie, Kintyre and Exploration. The company operates in Canada, Kazakhstan, Germany, Australia and United States.
Where Is Cameco Standing Right Now?
- With a trading volume of 1,651,017, the price of CCJ is up by 1.46%, reaching $55.07.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 55 days from now.
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 Cameco 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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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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