Constellation Energy Group Inc (CEG) $33.23 -0.69%
Constellation Energy (CEG) is down 20 cents to $33.26 and options volume is running 22X the average daily after an investor apparently sold (to close) Oct 30 calls at $3.35, to open a Jan 30 put – Jan 35 call risk-reversal (bought calls, sold puts) at 35 cents, 2500X. The action likely rolls a successful Oct 25 put – 30 call risk reversal open in late June when CEG was around $26.40 per share.
Category: All Stocks, Mid Cap Stocks, Utilities
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About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.
