Cameco Option Alert: Sep 15 $38 Calls Sweep (32) near the Ask: 800 @ $0.335 vs 1475 OI; Ref=$34.47
Portfolio Pulse from Charles Gross
An option alert has been issued for Cameco with Sep 15 $38 calls sweep near the ask for 800 @ $0.335 vs 1475 open interest. The reference price is $34.47.
August 18, 2023 | 3:07 pm
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POSITIVE IMPACT
Cameco's option alert may indicate bullish sentiment among investors, potentially driving the stock price up in the short term.
Option alerts are often used by investors to gauge market sentiment. In this case, the alert for Cameco's Sep 15 $38 calls sweep near the ask indicates that investors are expecting the stock price to rise. This could potentially drive up the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100