Unpacking the Latest Options Trading Trends in Cameco

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Investors with a lot of money to spend have taken a bullish stance on Cameco CCJ.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with CCJ, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 11 options trades for Cameco.

This isn't normal.

The overall sentiment of these big-money traders is split between 54% bullish and 45%, bearish.

Out of all of the options we uncovered, 10 are puts, for a total amount of $2,753,369, and there was 1 call, for a total amount of $111,240.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $43.0 and $50.0 for Cameco, spanning the last three months.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for Cameco options trades today is 3067.0 with a total volume of 24,848.00.

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 $43.0 to $50.0 over the last 30 days.

Cameco 30-Day Option Volume & Interest Snapshot

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
CCJ PUT TRADE BEARISH 03/21/25 $3.0 $2.86 $3.05 $48.00 $1.3M 8.5K 5.5K
CCJ PUT TRADE BULLISH 02/14/25 $0.62 $0.34 $0.35 $43.00 $367.3K 12 0
CCJ PUT SWEEP BEARISH 03/21/25 $3.75 $3.7 $3.75 $50.00 $348.3K 7.7K 930
CCJ PUT SWEEP BEARISH 03/21/25 $2.98 $2.95 $2.95 $48.00 $197.7K 8.5K 688
CCJ PUT TRADE BULLISH 02/21/25 $3.25 $3.15 $2.89 $50.00 $173.4K 2.6K 4.6K

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.

After a thorough review of the options trading surrounding Cameco, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of Cameco

  • With a volume of 344,935, the price of CCJ is down -0.68% at $49.33.
  • RSI indicators hint that the underlying stock may be approaching oversold.
  • Next earnings are expected to be released in 35 days.

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.

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 Cameco, Benzinga Pro gives you real-time options trades alerts.

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