High-rolling investors have positioned themselves bullish on Cheniere Energy (NYSE:LNG), and it’s important for retail traders to take note.
This activity came to our attention today through Benzinga’s tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in LNG often signals that someone has privileged information.
Today, Benzinga’s options scanner spotted 18 options trades for Cheniere Energy. This is not a typical pattern.
The sentiment among these major traders is split, with 55% bullish and 33% bearish. Among all the options we identified, there was one put, amounting to $61,200, and 17 calls, totaling $1,911,724.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $110.0 to $340.0 for Cheniere Energy over the recent three months.
Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Cheniere Energy’s options at specified strike prices. The forthcoming data visualizes the fluctuation in …
This post was originally published here
