Investors with a lot of money to spend have taken a bearish stance on Fluence Energy FLNC.
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 FLNC, 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 Fluence Energy.
This isn't normal.
The overall sentiment of these big-money traders is split between 18% bullish and 81%, bearish.
Out of all of the special options we uncovered, 9 are puts, for a total amount of $294,193, and 2 are calls, for a total amount of $61,110.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $12.5 to $22.5 for Fluence Energy over the recent three months.
Analyzing Volume & Open Interest
In today's trading context, the average open interest for options of Fluence Energy stands at 1330.6, with a total volume reaching 7,326.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Fluence Energy, situated within the strike price corridor from $12.5 to $22.5, throughout the last 30 days.
Fluence Energy 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| FLNC | PUT | SWEEP | BEARISH | 03/15/24 | $15.00 | $39.9K | 1.1K | 1.6K |
| FLNC | PUT | TRADE | BULLISH | 03/15/24 | $17.50 | $39.6K | 3.1K | 466 |
| FLNC | PUT | TRADE | NEUTRAL | 03/15/24 | $17.50 | $37.0K | 3.1K | 636 |
| FLNC | PUT | TRADE | BULLISH | 03/15/24 | $17.50 | $36.0K | 3.1K | 356 |
| FLNC | CALL | TRADE | BEARISH | 03/15/24 | $15.00 | $31.9K | 369 | 448 |
About Fluence Energy
Fluence Energy Inc is enabling the global clean energy transition with market-leading energy storage products and services, and digital applications for renewables and storage. Geographically, it derives a majority of its revenue from the Americas.
In light of the recent options history for Fluence Energy, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Fluence Energy Standing Right Now?
- Currently trading with a volume of 9,367,074, the FLNC's price is up by 0.12%, now at $17.03.
- RSI readings suggest the stock is currently may be oversold.
- Anticipated earnings release is in 76 days.
What Analysts Are Saying About Fluence Energy
In the last month, 1 experts released ratings on this stock with an average target price of $32.0.
- Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for Fluence Energy, targeting a price of $32.
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 Fluence Energy with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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