Our exclusive articles | Benzinga

Someone with a lot of money to spend has taken a bearish stance CVR Partners (NYSE: UAN).

Retailers must know.

We noticed this today when the big position appeared in the public options registry that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we do not know. But when something of this magnitude happens with a UAN, it often means that someone knows that something is about to happen.

So how do we know what this whale just did?

Today, the Benzinga Options Scanner discovered 12 uncommon options deal for CVR partners.

This is not normal.

The general sentiment of big money traders is split between 33% bullish and 66% bearish.

Of all the private options we discovered, 6 puts, for a total of $255,180, and 6 puts, for a total of $663,500.

What is the target price?

Taking into account the volume and open interest on these contracts, it appears that whales have been targeting a price range of $75.0 to $195.0 to CVR partners over the past three months.

Scale and open interest development

Looking at volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest of CVR Partners options for a particular strike price.

Below, we can observe the evolution of volume and open interest for calls and setups, respectively, for all CVR partner whale activity within the strike price range of $75.0 to $195.0 in the last 30 days.

CVR Partners Option Volume and Open Interest Over the Last 30 Days

Biggest options spotted:

Code put / call Trade Type feelings exp. Date strike price Total trading price frank interest amount
UAN communicate Survey bearish 08/19/22 $75.00 260.0 thousand dollars 12 51
UAN communicate Survey bearish 08/19/22 $85.00 207.2 thousand dollars 35 37
UAN communicate trade bearish 08/19/22 $75.00 65.0 thousand dollars 12 11
UAN communicate trade rising 11/18/22 $150.00 58.5 thousand dollars 55 20
UAN put trade bearish 12/16/22 $155.00 50.0 thousand dollars 171 10

Where do CVR partners stand now?

  • With a volume of 55,815, the price of UAN increased by 4.27% at $137.42.
  • RSI indicators are indicating that the underlying stock may be approaching oversold.
  • The next earnings are expected to be announced within 80 days.

Options are a riskier asset compared to just stock trading, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, expanding in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated with the latest options trading for {d[company_name]}, Benzinga Progives you real-time options trading alerts.

Leave a Reply

%d bloggers like this: