Options Bulls Target Rallying Peabody Energy Stock

BTU is sporting attractively priced premiums at the moment

Deputy Editor
Aug 22, 2022 at 2:37 PM
facebook X logo linkedin

Peabody Energy Corp (NYSE:BTU) is receiving plenty of bullish options attention today as the stock climbs on the charts -- up 5% at $27.23 at last glance. Already up 171.5% year-to-date, BTU has found a floor just above the $18 level, which is also home to the supportive 200-day moving average. 

BTU August22

So far today, 28,000 calls have crossed the tape, which is three times the intraday average and over seven times the amount of puts exchanged. The September 30 call is the most popular by far, with new positions being bought to open there. 

This penchant for calls has been the norm lately, as per Peabody Energy stock's 50-day call/put volume ratio of 8.25 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which ranks higher than 95% of readings from the past year. 

These options are cheap at the moment, too. BTU's Schaeffer's Volatility Index (SVI) of 77% stands higher than just 4% of all other readings in its annual range, implying that options players are pricing in low volatility expectations at the moment. 

Meanwhile, short interest has been on the rise lately, up 15.4% in the last month. Now, the 16.36 million shares sold short account for a hefty 11.5% of the stock's available float. 


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI