Throughout the tumultuous waters of the financial market, a certain breed of investors, often referred to as “whales,” have set their sights on Duke Energy with a fervent bullish fervor.
An in-depth scrutiny of the options history for Duke Energy (NYSE:DUK) has unveiled a total of 13 trades, with an intriguing breakdown of investor sentiment.
Delving deeper into the specifics of these trades reveals a landscape where 46% of investors have set sail with bullish expectations, while 23% have adopted a more bearish stance.
Among the observed transactions, 2 bearish puts amounting to $135,780 counterbalance the 11 bullish calls totaling a substantial $1,805,696.
Predicting Price Swells
An analysis of the Volume and Open Interest on these contracts indicates a strategic targeting of a price stretch from $50.0 to $120.0 for Duke Energy over the preceding 3 months.
Insightful Revelations on Volume & Open Interest
Scrutinizing the volume and open interest serves as a cornerstone while navigating the labyrinth of options trading. This data acts as a compass, guiding one through the liquidity and interest of Duke Energy’s options within the confines of specific strike prices.
Snapshot of Duke Energy’s Option Activity Over the Past Month
Unveiling Noteworthy Options Trades
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|
Unveiling Noteworthy Options Trades
Duke Energy stands out as one of the United States’ titan utilities, spreading its wings across regulated utilities in states such as the Carolinas, Indiana, Florida, Ohio, and Kentucky, enkindling the homes of 8.2 million electricity customers. On another front, its natural gas utilities warm the hearths of more than 1.6 million homes.
The Current Position of Duke Energy
- As the trading volume swells to 1,715,887, the price of DUK charts an uptick of 0.37%, casting the stock at a commendable $112.72.
- The current RSI readings hint at a possible journey into overbought territory.
- The next earnings presentation looms on the horizon, merely 73 days away.
Expert Opinions on Duke Energy
A squadron of 5 market maestros have recently issued their verdicts on this stock, rallying around a consensus target price of $114.2.
- Standing firm, a sage from Goldman Sachs maintains a Neutral stance on Duke Energy, aiming the crosshairs at $113.
- Joining ranks, an analyst from Scotiabank upholds a Sector Perform rating for Duke Energy, slotting the price target at $104.
- Engraving his stance in stone, an analyst from Wells Fargo continues to champion an Overweight rating on Duke Energy, heralding a price of $122.
- Persisting in optimism, an analyst from Evercore ISI Group keeps the flame burning with an Outperform rating on Duke Energy, fixed at a price target of $115.
- Keeping pace, an analyst from Keybanc sustains an Overweight rating for Duke Energy, aiming at a price summit of $117.
Options infuse an element of risk into the investment landscape, offering a higher avenue for profit potential. Seasoned options virtuosos navigate this perilous terrain by nurturing their knowledge daily, tactically scaling in and out of trades, heeding multiple indicators, and vigilantly tracking the tides of the market.
If you hunger for real-time insights into the latest options maneuvers in the Duke Energy arena, [link removed] brings you the clarion call of alerts through Benzinga Pro.
