Traders Purchase High Volume of Call Options on FuelCell Energy (NASDAQ:FCEL)

FuelCell Energy (NASDAQ:FCEL) experienced unusual options trading activity on Tuesday, with traders purchasing 35,208 call options, a 572% increase over the typical daily volume. The stock traded up 3.2% to $8.93, with significantly higher share volume than average. Despite recent downgraded ratings and a consensus “Reduce” recommendation with an $8.24 target price, institutional investors have shown mixed activity, with some increasing and others initiating positions.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin