Investors with a lot of money to spend have taken a bearish stance on Vistra (NYSE:VST).
And retail traders should know.
We noticed this today when the positions 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 VST, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 8 options trades for Vistra.
This isn't normal.
The overall sentiment of these big-money traders is split between 12% bullish and 62%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $46,640, and 7, calls, for a total amount of $548,840.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $70.0 to $100.0 for Vistra during the past quarter.
Insights into Volume & Open Interest
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 Vistra'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 Vistra's whale trades within a strike price range from $70.0 to $100.0 in the last 30 days.
Vistra 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| VST | CALL | SWEEP | BEARISH | 08/16/24 | $4.2 | $4.1 | $4.1 | $100.00 | $195.6K | 9.4K | 25 |
| VST | CALL | TRADE | NEUTRAL | 10/18/24 | $12.0 | $11.6 | $11.8 | $90.00 | $116.8K | 4.2K | 5 |
| VST | CALL | SWEEP | BEARISH | 01/17/25 | $29.5 | $28.3 | $28.77 | $70.00 | $86.3K | 769 | 0 |
| VST | CALL | TRADE | NEUTRAL | 07/05/24 | $1.2 | $0.9 | $1.05 | $92.00 | $59.3K | 967 | 4 |
| VST | PUT | TRADE | BEARISH | 08/02/24 | $5.3 | $5.2 | $5.3 | $89.00 | $46.6K | 10 | 12 |
About Vistra
Vistra Energy is one of the largest power producers and retail energy providers in the us Following the 2024 Energy Harbor acquisition, Vistra owns 41 gigawatts of nuclear, coal, natural gas, and solar power generation along with one of the largest utility-scale battery projects in the world. Its retail electricity business serves 5 million customers in 20 states, including almost a third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. It acquired Dynegy in 2018.
Following our analysis of the options activities associated with Vistra, we pivot to a closer look at the company's own performance.
Present Market Standing of Vistra
- With a trading volume of 2,255,932, the price of VST is down by -2.24%, reaching $89.67.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 33 days from now.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Vistra with Benzinga Pro for real-time alerts.