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 $61,600, and 7 were calls, valued at $325,273.
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 $30.0 to $50.0 for Cameco during the past quarter.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Cameco options trades today is 2145.17 with a total volume of 1,716.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Cameco's big money trades within a strike price range of $30.0 to $50.0 over the last 30 days.
Cameco Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CCJ | CALL | SWEEP | BEARISH | 01/17/25 | $4.95 | $4.9 | $4.95 | $50.00 | $86.6K | 6.6K | 176 |
| CCJ | CALL | SWEEP | BULLISH | 09/20/24 | $3.25 | $3.15 | $3.2 | $50.00 | $80.0K | 1.2K | 250 |
| CCJ | CALL | TRADE | BULLISH | 01/17/25 | $12.5 | $12.4 | $12.5 | $35.00 | $50.0K | 1.5K | 80 |
| CCJ | PUT | SWEEP | BULLISH | 04/19/24 | $1.8 | $1.78 | $1.78 | $44.00 | $35.6K | 706 | 209 |
| CCJ | CALL | SWEEP | BEARISH | 09/20/24 | $3.25 | $3.2 | $3.2 | $50.00 | $28.4K | 1.2K | 339 |
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.
Having examined the options trading patterns of Cameco, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Cameco Standing Right Now?
- With a volume of 1,307,241, the price of CCJ is up 0.21% at $42.8.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 33 days.
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 Cameco with Benzinga Pro for real-time alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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