What Are Whales Doing With NextEra Energy

A whale with a lot of money to spend has taken a noticeably bearish stance on NextEra Energy.

Looking at options history for NextEra Energy NEE we detected 31 strange trades.

If we consider the specifics of each trade, it is accurate to state that 48% of the investors opened trades with bullish expectations and 51% with bearish.

From the overall spotted trades, 20 are puts, for a total amount of $1,140,083 and 11, calls, for a total amount of $567,465.

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 $92.5 for NextEra Energy over the last 3 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 NextEra Energy'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 NextEra Energy's whale activity within a strike price range from $50.0 to $92.5 in the last 30 days.

NextEra Energy Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
NEE PUT SWEEP BEARISH 01/19/24 $75.00 $124.0K 1.0K 1.2K
NEE CALL SWEEP BEARISH 06/16/23 $90.00 $122.8K 1.0K 389
NEE PUT SWEEP BULLISH 06/16/23 $75.00 $88.1K 2.7K 200
NEE PUT SWEEP BULLISH 06/16/23 $75.00 $86.2K 2.7K 400
NEE PUT SWEEP BEARISH 01/19/24 $75.00 $82.9K 1.0K 295

Where Is NextEra Energy Standing Right Now?

  • With a volume of 7,076,337, the price of NEE is up 0.09% at $84.61.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 82 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for NextEra Energy, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
Date of Trade
Strike Price
Posted In: OptionsMarketsBZI-UOA
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