Financial giants have made a conspicuous bullish move on Cameco. Our analysis of options history for Cameco CCJ revealed 9 unusual trades.
Delving into the details, we found 55% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $85,697, and 7 were calls, valued at $459,317.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $36.0 to $65.0 for Cameco over the recent three months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Cameco's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Cameco's whale activity within a strike price range from $36.0 to $65.0 in the last 30 days.
Cameco 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| CCJ | CALL | TRADE | BEARISH | 01/16/26 | $40.00 | $113.0K | 461 | 100 |
| CCJ | CALL | TRADE | BULLISH | 01/16/26 | $40.00 | $112.3K | 461 | 200 |
| CCJ | CALL | SWEEP | BULLISH | 01/16/26 | $37.00 | $88.6K | 249 | 0 |
| CCJ | PUT | TRADE | BEARISH | 04/19/24 | $44.00 | $53.6K | 543 | 134 |
| CCJ | CALL | SWEEP | BEARISH | 01/16/26 | $65.00 | $43.0K | 955 | 116 |
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.
Where Is Cameco Standing Right Now?
- Trading volume stands at 1,570,777, with CCJ's price down by -0.8%, positioned at $40.9.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 46 days.
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 Cameco options trades with real-time alerts from Benzinga Pro.
© 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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