financetom
Business
financetom
/
Business
/
Constellation Energy Unusual Options Activity For June 24
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Constellation Energy Unusual Options Activity For June 24
Jun 24, 2024 10:33 AM

Deep-pocketed investors have adopted a bullish approach towards Constellation Energy ( CEG ) , 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 CEG usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Constellation Energy ( CEG ). This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 44% leaning bullish and 33% bearish. Among these notable options, 3 are puts, totaling $248,700, and 6 are calls, amounting to $278,260.

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 $100.0 to $310.0 for Constellation Energy ( CEG ) during the past quarter.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for Constellation Energy ( CEG ) options trades today is 259.17 with a total volume of 115.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Constellation Energy's ( CEG ) big money trades within a strike price range of $100.0 to $310.0 over the last 30 days.

Constellation Energy Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
CEG PUT SWEEP BULLISH 11/15/24 $5.5 $5.0 $5.0 $165.00 $100.0K 12 0
CEG CALL SWEEP BEARISH 01/17/25 $27.1 $26.6 $27.1 $230.00 $75.8K 353 0
CEG PUT TRADE BULLISH 01/16/26 $76.1 $75.2 $75.2 $270.00 $75.2K 0 10
CEG PUT TRADE BULLISH 01/16/26 $74.3 $73.5 $73.5 $270.00 $73.5K 0 0
CEG CALL TRADE BEARISH 01/17/25 $23.1 $22.9 $22.9 $240.00 $54.9K 1.1K 26

About Constellation Energy

Constellation Energy Corp ( CEG ) offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.

Constellation Energy's Current Market Status

Currently trading with a volume of 897,563, the CEG's price is down by -0.49%, now at $217.06.

RSI readings suggest the stock is currently is currently neutral between overbought and oversold.

Anticipated earnings release is in 38 days.

What The Experts Say On Constellation Energy

In the last month, 5 experts released ratings on this stock with an average target price of $235.0.

An analyst from Morgan Stanley persists with their Overweight rating on Constellation Energy ( CEG ), maintaining a target price of $241.

An analyst from RBC Capital downgraded its action to Sector Perform with a price target of $218.

Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Constellation Energy ( CEG ), targeting a price of $249.

An analyst from Morgan Stanley has decided to maintain their Overweight rating on Constellation Energy ( CEG ), which currently sits at a price target of $237.

Maintaining their stance, an analyst from B of A Securities continues to hold a Neutral rating for Constellation Energy ( CEG ), targeting a price of $230.

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 Constellation Energy ( CEG ) options trades with real-time alerts from Benzinga Pro.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Grupo Aeroportuario del Pacifico Q1 Income, Revenue Increase
Grupo Aeroportuario del Pacifico Q1 Income, Revenue Increase
May 25, 2025
04:23 AM EDT, 04/29/2025 (MT Newswires) -- Grupo Aeroportuario del Pacifico (PAC) reported Q1 comprehensive income Tuesday of 5.57 Mexican pesos per share ($0.28), up from about 4.28 pesos a year earlier. Comparable analyst estimates were not readily available. Revenue for the quarter ended March 31 was 11.06 billion pesos, up from 8.49 billion pesos a year earlier. Analysts surveyed...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Heron Therapeutics Names Mark Hensley as COO
Heron Therapeutics Names Mark Hensley as COO
May 25, 2025
04:21 AM EDT, 04/29/2025 (MT Newswires) -- Heron Therapeutics ( HRTX ) said late Monday that it appointed Mark Hensley as its chief operating officer. Before joining Heron, Hensley held several roles at Veloxis Pharmaceuticals, including chief executive officer from 2021 to 2024, and chief operating officer and chief commercial officer from 2018 to 2021. ...
Okta to Replace Berry Global on S&P MidCap 400
Okta to Replace Berry Global on S&P MidCap 400
May 25, 2025
04:24 AM EDT, 04/29/2025 (MT Newswires) -- Okta ( OKTA ) said Monday that it will replace Berry Global ( BERY ) on the S&P MidCap 400, effective Thursday. This comes as S&P 500 constituent Amcor (AMCR) is acquiring Berry in a deal expected to close soon, the company said. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved