Whales with a lot of money to spend have taken a noticeably bearish stance on Oklo.
Looking at options history for Oklo (NYSE:OKLO) we detected 15 trades.
If we consider the specifics of each trade, it is accurate to state that 6% of the investors opened trades with bullish expectations and 73% with bearish.
From the overall spotted trades, 9 are puts, for a total amount of $1,376,381 and 6, calls, for a total amount of $263,250.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $15.0 and $22.5 for Oklo, spanning the last three months.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Oklo's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Oklo's substantial trades, within a strike price spectrum from $15.0 to $22.5 over the preceding 30 days.
Oklo Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OKLO | PUT | SWEEP | BEARISH | 01/17/25 | $1.9 | $0.8 | $1.5 | $20.00 | $390.9K | 2.0K | 3.4K |
| OKLO | PUT | SWEEP | BEARISH | 01/17/25 | $2.2 | $2.15 | $2.15 | $22.00 | $191.9K | 63 | 1.3K |
| OKLO | PUT | SWEEP | NEUTRAL | 01/17/25 | $2.3 | $2.05 | $2.2 | $22.00 | $188.7K | 63 | 2.2K |
| OKLO | PUT | SWEEP | BEARISH | 01/17/25 | $2.35 | $2.15 | $2.35 | $22.00 | $125.2K | 63 | 5.0K |
| OKLO | PUT | SWEEP | BEARISH | 01/17/25 | $1.6 | $1.55 | $1.55 | $20.00 | $116.1K | 2.0K | 4.5K |
About Oklo
Oklo Inc is developing advanced fission power plants to provide clean, reliable, and affordable energy at scale. It is pursuing two complementary tracks to address this demand: providing reliable, commercial-scale energy to customers; and selling used nuclear fuel recycling services to the U.S. market. The Company plans to commercialize its liquid metal fast reactor technology with the Aurora powerhouse product line. The first commercial Aurora powerhouse is designed to produce up to 15 megawatts of electricity (MWe) on both recycled nuclear fuel and fresh fuel.
Where Is Oklo Standing Right Now? With a trading volume of 2,849,750, the price of OKLO is down by -5.49%, reaching $22.72. Current RSI values indicate that the stock is is currently neutral between overbought and oversold. Next earnings report is scheduled for 48 days from now. Professional Analyst Ratings for Oklo
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $26.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * In a cautious move, an analyst from Wedbush downgraded its rating to Outperform, setting a price target of $26.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Oklo options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
