Nuclear Stock Surges on Power Deal With Meta

Core Insights - Constellation Energy Inc's stock has increased by 45% in 2025 and is currently trading at $328.03 after a 20-year agreement to supply nuclear power to Meta Platforms' data centers [1] - The stock is approaching its record high of $352, previously reached on January 23, and is currently facing resistance around the $330 level [2] - The stock has a year-to-date gain of 47.2% and is trading above all relevant moving averages [2] Options Activity - Options trading volume for Constellation Energy is significantly high, with current volume running at five times the intraday average, including 20,000 calls and 11,000 puts traded [2] - The most popular options contract is the weekly 5/6 365-strike call, indicating bullish sentiment among traders [2] - Prior to the recent announcement, options traders were already bullish, with a call/put volume ratio of 2.27, placing it in the 99th percentile of annual readings [3] Volatility and Expectations - Constellation Energy's Schaeffer's Volatility Scorecard (SVS) is at 94 out of 100, suggesting that the stock typically exceeds options traders' volatility expectations [3]