Unpacking the Latest Options Trading Trends in NextEra Energy
Portfolio Pulse from Benzinga Insights
NextEra Energy (NYSE:NEE) has seen a mix of bullish and bearish options trading, with a recent trend showing a bearish stance by significant investors. Analysis of 11 trades reveals a nearly even split between bullish (45%) and bearish (54%) sentiment. The trading activity suggests a price range target of $27.5 to $75.0 for the next three months. Significant trades include both puts and calls, with a notable volume and open interest in options within the $27.5 to $75.0 strike price range. NextEra Energy's current market position shows a trading volume of 1,440,431 and a slight price increase of 0.77%, with a current price of $70.68. Analysts have varying opinions on NEE, with target prices ranging from $67 to $79.
May 06, 2024 | 2:31 pm
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NEUTRAL IMPACT
NextEra Energy has experienced significant options trading activity, indicating a bearish sentiment among major investors. The stock's current slight uptrend and analyst ratings suggest a mixed short-term outlook.
The mixed sentiment in options trading, combined with the current price trend and diverse analyst ratings, suggests uncertainty in NextEra Energy's short-term price movement. The bearish options sentiment is balanced by a slight price increase and optimistic analyst target prices, leading to a neutral score.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100