Cameco Unusual Options Activity For May 31

Benzinga's options scanner just detected over 11 options trades for Cameco CCJ summing a total amount of $1,049,075.

At the same time, our algo caught 3 for a total amount of 194,026.

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 $24.0 to $30.0 for Cameco over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $24.0 to $30.0 in the last 30 days.

Cameco 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
CCJ CALL TRADE BULLISH 06/16/23 $30.00 $296.4K 21.6K 20.0K
CCJ CALL SWEEP BULLISH 07/21/23 $27.00 $257.6K 361 1.4K
CCJ CALL SWEEP BULLISH 06/16/23 $28.00 $142.8K 9.8K 4.2K
CCJ PUT TRADE BEARISH 06/16/23 $24.00 $90.0K 15.3K 10.0K
CCJ CALL SWEEP BULLISH 06/23/23 $28.00 $81.3K 507 1.4K

Where Is Cameco Standing Right Now?

  • With a volume of 4,032,774, the price of CCJ is up 3.75% at $27.67.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 56 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 Cameco, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
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Posted In: OptionsMarketsBZI-UOA
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