Bloom Energy Unusual Options Activity For February 17

BLOOM ENERGY CORP -1.69%

BLOOM ENERGY CORP

BE

154.51

-1.69%

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 32 uncommon options trades for Bloom Energy.

This isn't normal.

The overall sentiment of these big-money traders is split between 46% bullish and 37%, bearish.

Out of all of the special options we uncovered, 11 are puts, for a total amount of $2,798,500, and 21 are calls, for a total amount of $1,407,075.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $42.0 to $260.0 for Bloom Energy during the past quarter.

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 Bloom Energy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Bloom Energy's substantial trades, within a strike price spectrum from $42.0 to $260.0 over the preceding 30 days.

Bloom Energy 30-Day Option Volume & Interest Snapshot

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
BE PUT TRADE BULLISH 03/20/26 $22.75 $20.1 $20.1 $140.00 $2.0M 4.0K 1.0K
BE CALL TRADE BULLISH 01/15/27 $66.55 $65.05 $66.55 $115.00 $206.3K 469 0
BE PUT TRADE BEARISH 07/17/26 $43.4 $42.4 $43.4 $140.00 $151.9K 132 35
BE PUT SWEEP BULLISH 03/20/26 $29.0 $28.0 $28.0 $150.00 $131.6K 1.1K 50
BE CALL TRADE BULLISH 01/15/27 $67.5 $65.5 $67.5 $115.00 $128.2K 469 51

About Bloom Energy

Bloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. Bloom sells its systems in the United States and internationally.

In light of the recent options history for Bloom Energy, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Bloom Energy's Current Market Status

  • Trading volume stands at 2,374,415, with BE's price down by -2.74%, positioned at $136.0.
  • RSI indicators show the stock to be is currently neutral between overbought and oversold.
  • Earnings announcement expected in 71 days.

What The Experts Say On Bloom Energy

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $167.8.

  • In a cautious move, an analyst from China Renaissance downgraded its rating to Buy, setting a price target of $207.
  • An analyst from BTIG has decided to maintain their Buy rating on Bloom Energy, which currently sits at a price target of $165.
  • An analyst from Morgan Stanley persists with their Overweight rating on Bloom Energy, maintaining a target price of $184.
  • An analyst from Wells Fargo persists with their Equal-Weight rating on Bloom Energy, maintaining a target price of $130.
  • Reflecting concerns, an analyst from Barclays lowers its rating to Equal-Weight with a new price target of $153.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics.

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