Whales with a lot of money to spend have taken a noticeably bearish stance on NextEra Energy.
Looking at options history for NextEra Energy NEE we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 60% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $146,149 and 6, calls, for a total amount of $2,296,957.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $67.5 for NextEra Energy over the recent three months.
Insights into 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 NextEra Energy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to NextEra Energy's substantial trades, within a strike price spectrum from $50.0 to $67.5 over the preceding 30 days.
NextEra Energy Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| NEE | CALL | TRADE | BEARISH | 01/16/26 | $67.50 | $1.0M | 15 | 2.0K |
| NEE | CALL | TRADE | BEARISH | 06/21/24 | $65.00 | $855.0K | 3.3K | 10.0K |
| NEE | CALL | SWEEP | BULLISH | 01/16/26 | $50.00 | $224.4K | 294 | 191 |
| NEE | CALL | SWEEP | BEARISH | 06/21/24 | $65.00 | $96.1K | 3.3K | 1.0K |
| NEE | PUT | TRADE | BULLISH | 10/18/24 | $67.50 | $54.7K | 67 | 50 |
About NextEra Energy
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 34 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 30 GW of generation capacity, including natural gas, nuclear, wind, and solar.
After a thorough review of the options trading surrounding NextEra Energy, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is NextEra Energy Standing Right Now?
- Trading volume stands at 4,625,334, with NEE's price down by -0.52%, positioned at $57.51.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 43 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 NextEra Energy 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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