High-rolling investors have positioned themselves bullish on Oklo OKLO, 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 OKLO often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 19 options trades for Oklo. This is not a typical pattern.
The sentiment among these major traders is split, with 42% bullish and 36% bearish. Among all the options we identified, there was one put, amounting to $61,000, and 18 calls, totaling $914,975.
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 $14.0 to $26.0 for Oklo 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 Oklo's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Oklo's significant trades, within a strike price range of $14.0 to $26.0, over the past month.
Oklo 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OKLO | CALL | SWEEP | BEARISH | 01/17/25 | $7.4 | $7.2 | $7.24 | $14.00 | $144.1K | 516 | 200 |
| OKLO | CALL | TRADE | BULLISH | 01/17/25 | $1.95 | $1.75 | $1.89 | $22.50 | $75.6K | 5.4K | 649 |
| OKLO | CALL | SWEEP | BULLISH | 01/15/27 | $11.9 | $9.9 | $11.9 | $20.00 | $69.1K | 927 | 60 |
| OKLO | PUT | SWEEP | BULLISH | 12/27/24 | $0.75 | $0.6 | $0.61 | $19.00 | $61.0K | 343 | 1.3K |
| OKLO | CALL | SWEEP | BEARISH | 01/17/25 | $6.2 | $6.0 | $6.08 | $14.00 | $60.6K | 516 | 732 |
About Oklo
Oklo Inc is developing advanced fission power plants to provide clean, reliable, and affordable energy at scale. It is pursuing two complementary tracks to address this demand: providing reliable, commercial-scale energy to customers; and selling used nuclear fuel recycling services to the U.S. market. The Company plans to commercialize its liquid metal fast reactor technology with the Aurora powerhouse product line. The first commercial Aurora powerhouse is designed to produce up to 15 megawatts of electricity (MWe) on both recycled nuclear fuel and fresh fuel.
Following our analysis of the options activities associated with Oklo, we pivot to a closer look at the company's own performance.
Where Is Oklo Standing Right Now?
- Trading volume stands at 26,333,713, with OKLO's price up by 15.09%, positioned at $21.15.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 56 days.
Expert Opinions on Oklo
1 market experts have recently issued ratings for this stock, with a consensus target price of $26.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Reflecting concerns, an analyst from Wedbush lowers its rating to Outperform with a new price target of $26.
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 Oklo 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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