Peabody Energy Unusual Options Activity

Investors with a lot of money to spend have taken a bearish stance on Peabody Energy BTU.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BTU, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 10 uncommon options trades for Peabody Energy.

This isn't normal.

The overall sentiment of these big-money traders is split between 40% bullish and 60%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $353,530, and 7 are calls, for a total amount of $263,248.

Latest Startup Investment Opportunities:

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $16.0 to $24.0 for Peabody Energy over the recent three 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 Peabody 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 Peabody Energy's whale activity within a strike price range from $16.0 to $24.0 in the last 30 days.

Peabody Energy Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

About Peabody Energy

Peabody Energy Corp is a producer of metallurgical and thermal coal. It also markets and brokers coal, both as principal and agent, and trades coal and freight-related contracts. The company operates in the following segment: Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, Midwestern U.S. Mining, Other U.S. Thermal Mining, and Corporate and Other.

Following our analysis of the options activities associated with Peabody Energy, we pivot to a closer look at the company's own performance.

Present Market Standing of Peabody Energy

• Trading volume stands at 1,856,367, with BTU's price down by 0.0%, positioned at $24.98.
• RSI indicators show the stock to be is currently neutral between overbought and oversold.
• Earnings announcement expected in 34 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 Peabody Energy with Benzinga Pro for real-time alerts.