Exploring Recent Trends in Options Trading for Centrus Energy (AMEX:LEU)

Investors with significant funds have adopted a bearish outlook on Centrus Energy (LEU). This observation is crucial for retail traders in the market.

Today, we tracked this trend through the publicly accessible options history, which points to noteworthy activity around Centrus Energy.

While we cannot definitively classify these investors as institutions or high-net-worth individuals, the sheer scale of these trades often signals that someone may have inside knowledge about upcoming events.

Curiously, Benzinga's options scanner has identified a total of 22 unusual options trades related to Centrus Energy today. This level of trading is not typical.

The overall sentiment among these large-scale investors is clearly leaning bearish, with only 31% favoring a bullish perspective while 50% are bearish.

Specifically, of the options trades we examined, 13 involved puts, totaling approximately $438,267, whereas 9 trades comprised calls, cumulatively worth about $658,060.

Price Target Insights

Based on the recent trading patterns, it seems that these significant investors have set their eyes on a price range for Centrus Energy, which spans from $50.00 to $115.00 over the past three months.

Volume and Open Interest Trends

Analyzing the volume and open interest is a valuable strategy in options trading. These metrics provide insight into the liquidity and interest of investors in the options offered by Centrus Energy at various strike prices. The following data indicates the fluctuations in volume and open interest for both calls and puts tied to Centrus Energy's prominent trades, particularly within a strike price range of $50.00 to $115.00 over the last 30 days.

Centrus Energy Options Activity Analysis: Last 30 Days

We shall highlight the most substantial options trades identified during this timeframe.

Major Options Observed:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
LEU	CALL	TRADE	BULLISH	01/17/25	$12.7	$12.0	$12.7	$75.00	$317.5K	1.0K	345
LEU	CALL	TRADE	BEARISH	11/15/24	$16.9	$15.5	$15.8	$60.00	$79.0K	280	106
LEU	PUT	SWEEP	BULLISH	12/20/24	$2.85	$2.75	$2.8	$60.00	$63.0K	49	461
LEU	PUT	SWEEP	BULLISH	12/20/24	$3.2	$2.8	$2.8	$60.00	$57.6K	49	1.1K
LEU	CALL	SWEEP	BULLISH	11/15/24	$18.2	$17.7	$18.2	$60.00	$54.9K	280	30

Introduction to Centrus Energy

Centrus Energy Corp specializes in providing nuclear fuel and services to the nuclear power sector. The company operates through two main segments: Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment encompasses sales of separative work units and uranium. Meanwhile, the Technical Solutions segment delivers engineering, design, and manufacturing services to both governmental and private entities. A significant portion of the company’s revenue is generated from the LEU segment, and it maintains operations within the U.S. as well as globally, with a primary revenue focus in the United States.

Now, having reviewed Centrus Energy’s options trading trends, we can shift our attention to assess the company's current market standing.

Centrus Energy's Present Market Condition

• The trading volume currently stands at 2,262,102, with Centrus Energy’s share price declining by -5.73%, trading at $73.53.
• Relative Strength Index (RSI) indicators suggest that the stock may be approaching an overbought state.
• An earnings announcement is anticipated in 93 days.

Analyst Perspectives on Centrus Energy

Over the past month, three analysts have issued ratings for the stock, resulting in an average target price of $82.00.

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In their latest assessments, an analyst from Roth MKM maintains a Neutral rating for Centrus Energy, assigning a target price of $58. Another analyst from the same firm has downgraded the rating to Neutral with a price target of $62. Additionally, an analyst from B. Riley Securities has kept a Buy rating on Centrus Energy, projecting a target price of $126.

Options trading can be inherently riskier compared to trading stocks, but it also offers the potential for higher returns. Serious options traders effectively manage these risks by continuously educating themselves, carefully scaling in and out of their trades, monitoring multiple indicators, and staying informed about market trends.

To stay up-to-date on the latest options trading activities for Centrus Energy, consider using real-time options trade alerts.

trading, options, Centrus