Constellation Energy Unusual Options Activity For October 18
Portfolio Pulse from Benzinga Insights
Constellation Energy (NASDAQ:CEG) has seen unusual options activity with a bearish sentiment from major investors. 52% of trades were bearish, with significant put options activity. The stock is currently trading at $270.12, down 0.4%, with an RSI indicating potential overbought conditions. Analysts have mixed ratings, with price targets ranging from $272 to $342.
October 18, 2024 | 8:30 pm
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Constellation Energy has experienced unusual options activity with a bearish sentiment, as 52% of trades were bearish. The stock is currently down 0.4% at $270.12, with analysts providing mixed ratings and price targets ranging from $272 to $342.
The unusual options activity with a bearish sentiment suggests that major investors expect the stock to decline. The current stock price is slightly down, and the RSI indicates potential overbought conditions, which could lead to further downward pressure. Analysts' mixed ratings and price targets add to the uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100