Whales Favor Duke Energy Stock
Large investors, resembling mighty whales in the market ocean, have exhibited a strong bullish sentiment towards Duke Energy.
Reviewing the options history for Duke Energy, revealing 13 notable trades, the picture shows a dynamic range of investor sentiment.
Analysis indicates that a remarkable 46% of the trades were initiated with bullish expectations, while 23% took a bearish stance.
These trades include 2 puts totaling $135,780 and 11 calls totaling $1,805,696.
Predicting Price Movement
Delving into the Volume and Open Interest on these contracts, it is evident that these market whales have set their sights on a price range between $50.0 to $120.0 for Duke Energy over the past 3 months.
Insightful Volume & Open Interest Analysis
An in-depth look at the volume and open interest is a strategic move in the options trading landscape. This data serves as a guiding star in tracking liquidity and interest for Duke Energy’s options at various strike prices.
Exploring Duke Energy’s Options Activity
Uncovering Noteworthy Options Trades
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DUK | CALL | TRADE | NEUTRAL | 06/18/26 | $66.0 | $61.1 | $63.7 | $50.00 | $433.1K | 0 | 196 |
About Duke Energy
Duke Energy stands as a titan in the U.S. utilities sector, electrifying the lives of 8.2 million customers across several states. Their natural gas services cater to over 1.6 million customers as well.
Current Evaluation of Duke Energy
- With a trading volume of 1,715,887 shares, DUK’s stock has enjoyed a 0.37% rise, reaching $112.72 in trading.
- Recent RSI indicators suggest that the stock may be veering towards overbought territory.
- The next earnings report is anticipated in 73 days.
Insights from Market Experts
5 market experts have weighed in with ratings for Duke Energy, predicting a consensus target price of $114.2 for the stock.
- An analyst from Goldman Sachs maintains a Neutral rating on Duke Energy with a target of $113.
- Another analyst from Scotiabank holds a Sector Perform rating for Duke Energy, targeting a price of $104.
- Wells Fargo’s analyst stays committed to an Overweight rating on Duke Energy, predicting a target price of $122.
- Evercore ISI Group continues to tout an Outperform rating on Duke Energy with a price target of $115.
- Keybanc’s analyst also maintains an Overweight rating, projecting a target price of $117.
Options present a riskier investment avenue compared to traditional stock trading, albeit with heightened profit potential. Traders adept in options management mitigate risks through constant learning, strategic trading, multi-indicator analysis, and vigilant market monitoring.
For real-time updates on Duke Energy’s latest options trades, consider leveraging tools like Benzinga Pro.