Investors with a lot of money to spend have taken a bullish stance on Bloom Energy (NYSE:BE).
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 BE, 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 17 uncommon options trades for Bloom Energy.
This isn't normal.
The overall sentiment of these big-money traders is split between 52% bullish and 35%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $722,060, and 11 are calls, for a total amount of $496,669.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $55.0 to $250.0 for Bloom Energy over the recent three months.
Volume & Open Interest Trends
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Bloom Energy's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Bloom Energy's whale trades within a strike price range from $55.0 to $250.0 in the last 30 days.
Bloom Energy Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BE | PUT | TRADE | BEARISH | 05/15/26 | $32.0 | $30.5 | $32.0 | $150.00 | $336.0K | 547 | 105 |
| BE | PUT | TRADE | BEARISH | 03/27/26 | $17.5 | $16.75 | $17.5 | $150.00 | $182.0K | 659 | 104 |
| BE | CALL | TRADE | BULLISH | 06/17/27 | $53.75 | $51.75 | $52.95 | $250.00 | $95.3K | 264 | 0 |
| BE | CALL | SWEEP | BEARISH | 06/18/26 | $87.85 | $85.05 | $85.05 | $70.00 | $93.5K | 401 | 11 |
| BE | PUT | SWEEP | BULLISH | 03/13/26 | $6.35 | $6.3 | $6.3 | $140.00 | $85.0K | 1.1K | 295 |
About Bloom Energy
Bloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. Bloom sells its systems in the United States and internationally.
Following our analysis of the options activities associated with Bloom Energy, we pivot to a closer look at the company's own performance.
Present Market Standing of Bloom Energy
- Currently trading with a volume of 1,592,278, the BE's price is down by -5.06%, now at $152.8.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 54 days.
Professional Analyst Ratings for Bloom Energy
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $161.4.
- Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Bloom Energy, targeting a price of $166.
- Consistent in their evaluation, an analyst from BTIG keeps a Buy rating on Bloom Energy with a target price of $165.
- Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for Bloom Energy, targeting a price of $130.
- In a cautious move, an analyst from Citigroup downgraded its rating to Neutral, setting a price target of $162.
- An analyst from Morgan Stanley has decided to maintain their Overweight rating on Bloom Energy, which currently sits at a price target of $184.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements.
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