Check Out What Whales Are Doing With CCJ

Investors with a lot of money to spend have taken a bullish stance on Cameco (NYSE:CCJ).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 CCJ, 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 9 uncommon options trades for Cameco.This isn’t normal.The overall sentiment of these big-money traders is split between 44% bullish and 44%, bearish.Out of all of the special options we uncovered, 3 are puts, for a total amount of $119,119, and 6 are calls, for a total amount of $272,984.Expected Price MovementsAnalyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from …Full story available on Benzinga.com
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