A whale with a lot of money to spend has taken a noticeably bullish stance on Cameco.
Looking at options history for Cameco (NYSE:CCJ) we detected 16 strange trades.
Trading volume is critical for small-window options traders, as it gives insight into how many contracts have been purchased on an options strike. A high-volume option can provide liquidity, giving investors a better opportunity to sell their contracts over those with lower volumes.
Someone with a lot of money to spend has taken a bearish stance on Cameco (NYSE:CCJ).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Cameco (NYSE:CCJ) reported its Q1 earnings results on Thursday, May 5, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Cameco beat estimated earnings by 250.0%, reporting an EPS of $0.03 versus an estimate of $-0.02.
Companies Reporting Before The Bell
• Mirum Pharmaceuticals (NASDAQ:MIRM) is expected to report quarterly loss at $1.34 per share on revenue of $8.46 million.