Investors with a lot of money to spend have taken a bearish stance on Constellation Energy (NASDAQ:CEG).
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 this is an institution or just a wealthy individual, we don't know. But when something this big happens with CEG, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 11 options trades for Constellation Energy.
This isn't normal.
The overall sentiment of these big-money traders is split between 9% bullish and 90%, bearish.
Out of all of the options we uncovered, 10 are puts, for a total amount of $877,860, and there was 1 call, for a total amount of $29,400.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $185.0 to $250.0 for Constellation Energy over the recent three months.
Volume & Open Interest Trends
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Constellation Energy's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Constellation Energy's significant trades, within a strike price range of $185.0 to $250.0, over the past month.
Constellation Energy 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CEG | PUT | TRADE | BEARISH | 01/15/27 | $34.8 | $33.5 | $34.3 | $200.00 | $205.8K | 67 | 60 |
| CEG | PUT | SWEEP | BEARISH | 03/21/25 | $5.7 | $5.6 | $5.6 | $185.00 | $136.0K | 251 | 450 |
| CEG | PUT | SWEEP | BEARISH | 03/21/25 | $5.6 | $5.5 | $5.6 | $185.00 | $115.8K | 251 | 207 |
| CEG | PUT | SWEEP | BEARISH | 03/21/25 | $5.7 | $5.3 | $5.7 | $185.00 | $114.0K | 251 | 808 |
| CEG | PUT | SWEEP | BEARISH | 03/21/25 | $5.7 | $5.3 | $5.7 | $185.00 | $88.3K | 251 | 607 |
About Constellation Energy
Constellation Energy Corp offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.
Having examined the options trading patterns of Constellation Energy, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Constellation Energy Standing Right Now?
- Trading volume stands at 691,268, with CEG's price up by 0.5%, positioned at $228.16.
- RSI indicators show the stock to be may be oversold.
- Earnings announcement expected in 64 days.
Expert Opinions on Constellation Energy
In the last month, 1 experts released ratings on this stock with an average target price of $269.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.* Showing optimism, an analyst from B of A Securities upgrades its rating to Buy with a revised price target of $269.
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 Constellation Energy with Benzinga Pro for real-time alerts.
