Financial giants have made a conspicuous bullish move on Vistra. Our analysis of options history for Vistra VST revealed 9 unusual trades.
Delving into the details, we found 77% of traders were bullish, while 22% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $73,230, and 7 were calls, valued at $454,630.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $80.0 for Vistra over the last 3 months.
Volume & Open Interest Trends
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Vistra's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Vistra's substantial trades, within a strike price spectrum from $50.0 to $80.0 over the preceding 30 days.
Vistra 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| VST | CALL | SWEEP | BULLISH | 04/19/24 | $65.00 | $187.3K | 6.1K | 570 |
| VST | CALL | SWEEP | BULLISH | 04/19/24 | $67.50 | $77.1K | 935 | 443 |
| VST | CALL | SWEEP | BEARISH | 04/19/24 | $50.00 | $67.1K | 1.0K | 0 |
| VST | PUT | SWEEP | BULLISH | 04/19/24 | $62.50 | $48.0K | 343 | 11 |
| VST | CALL | SWEEP | BULLISH | 06/21/24 | $75.00 | $41.0K | 441 | 99 |
About Vistra
Vistra Energy is one of the largest power producers and retail energy providers in the US Following the 2024 Energy Harbor acquisition, Vistra owns 41 gigawatts of nuclear, coal, natural gas, and solar power generation along with one of the largest utility-scale battery projects in the world. Its retail electricity business serves 5 million customers in 20 states, including almost a third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. It acquired Dynegy in 2018.
Following our analysis of the options activities associated with Vistra, we pivot to a closer look at the company's own performance.
Current Position of Vistra
- With a volume of 4,068,792, the price of VST is up 0.58% at $64.05.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 48 days.
What The Experts Say On Vistra
In the last month, 3 experts released ratings on this stock with an average target price of $61.333333333333336.
- Maintaining their stance, an analyst from BMO Capital continues to hold a Outperform rating for Vistra, targeting a price of $52.
- Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Vistra, targeting a price of $72.
- Consistent in their evaluation, an analyst from BMO Capital keeps a Outperform rating on Vistra with a target price of $60.
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 Vistra 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 |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
