Bullish option flow detected in Cameco with 8,444 calls trading, 1.1x expected, and implied vol increasing over 2 points to 46.88%. Sep-24 50 calls and 7/12 weekly 50 calls are the most active options, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 0.55. Earnings are expected on July 31st.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CCJ:
- Cameco Unveils 2023 Environmental Sustainability Efforts
- Cameco price target raised to $60.50 from $59 at BofA
- Cameco, SaskPower and Westinghouse announce MOU to explore reactor potential
- Cameco Explores Nuclear Energy Opportunities in Saskatchewan
- Cameco call volume above normal and directionally bullish