Investors with a lot of money to spend have taken a bullish stance on Bloom Energy (NYSE:BE).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don’t know. But when something this big happens with BE, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga‘s options scanner spotted 17 uncommon options trades for Bloom Energy.
This isn’t normal.
The overall sentiment of these big-money traders is split between 52% bullish and 35%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $722,060, and 11 are calls, for a total amount of $496,669.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $55.0 to $250.0 for Bloom Energy over the recent three months.
Volume & Open Interest Trends
Looking at the volume and open interest is a powerful move while trading options. This data …
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