Check Out What Whales Are Doing With BWXT

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Investors with a lot of money to spend have taken a bearish stance on BWX Technologies BWXT.

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 these are institutions or just wealthy individuals, we don't know. But when something this big happens with BWXT, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 11 uncommon options trades for BWX Technologies.

This isn't normal.

The overall sentiment of these big-money traders is split between 36% bullish and 45%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $129,311, and 8 are calls, for a total amount of $380,461.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $90.0 to $120.0 for BWX Technologies during the past quarter.

Analyzing Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in BWX Technologies's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to BWX Technologies's substantial trades, within a strike price spectrum from $90.0 to $120.0 over the preceding 30 days.

BWX Technologies 30-Day Option Volume & Interest Snapshot

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
BWXT CALL SWEEP BULLISH 03/21/25 $3.6 $3.3 $3.55 $120.00 $88.6K 32 822
BWXT CALL SWEEP BULLISH 03/21/25 $3.3 $3.2 $3.3 $120.00 $71.2K 32 572
BWXT PUT TRADE BULLISH 02/21/25 $3.2 $2.55 $2.78 $110.00 $55.6K 184 441
BWXT CALL SWEEP BEARISH 03/21/25 $3.5 $3.4 $3.4 $120.00 $54.4K 32 181
BWXT CALL TRADE BEARISH 02/21/25 $2.65 $2.35 $2.4 $115.00 $48.0K 160 558

About BWX Technologies

BWX Technologies Inc is a specialty manufacturer & service provider of nuclear components. It operates in two segments. The government Operations segment consists of legacy Nuclear Operations Group & Nuclear Services Group segments with certain research & development activities in the areas of advanced reactors & advanced manufacturing. The commercial Operations segment consists of the legacy Nuclear Power Group segment with certain research and development & commercialization activities in the areas of medical & industrial radioisotopes & radiopharmaceuticals. The majority is from the Government Operations segment. Geographically, it operates in the United States, Canada & United Kingdom, out of which the majority is from the United States.

Having examined the options trading patterns of BWX Technologies, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of BWX Technologies

  • Trading volume stands at 1,103,946, with BWXT's price down by -0.12%, positioned at $111.33.
  • RSI indicators show the stock to be is currently neutral between overbought and oversold.
  • Earnings announcement expected in 27 days.

Professional Analyst Ratings for BWX Technologies

A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $127.0.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Truist Securities persists with their Hold rating on BWX Technologies, maintaining a target price of $114. * An analyst from Maxim Group persists with their Buy rating on BWX Technologies, maintaining a target price of $140.

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 BWX Technologies with Benzinga Pro for real-time alerts.

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