Market Whales and Their Recent Bets on CCJ Options - Cameco (NYSE:CCJ)

Core Insights - Financial giants have shown a bearish sentiment towards Cameco, with 51% of traders exhibiting bearish tendencies compared to 44% bullish [1] - The projected price targets for Cameco range from $50.0 to $120.0, indicating a focus on this price window by major players [2] - The mean open interest for Cameco options trades is 2571.24, with a total volume of 26,146.00, reflecting significant trading activity [3] Options Activity - Noteworthy options activity includes a bearish put trade valued at $2.1 million with a strike price of $70.00 and a bullish put sweep valued at $381.9K with a strike price of $75.00 [7] - A bearish call trade was noted with a total trade price of $362.8K at a strike price of $65.00, while a neutral call trade had a total trade price of $211.6K at a strike price of $90.00 [7] Company Overview - Cameco Corp is a leading uranium provider, essential for generating clean electricity, with operations in Canada, Kazakhstan, Germany, Australia, and the United States [8] - The company has three reportable segments: Uranium, Fuel Services, and Westinghouse, with the Westinghouse segment generating the most revenue [8] Market Position - Analysts have issued ratings for Cameco, with a consensus target price of $139.75, while individual targets range from $109 to $160 [10][11] - The current stock price of CCJ is $81.5, reflecting a decrease of 1.84%, with upcoming earnings expected in 93 days [13]