Bullish option flow detected in Cameco with 21,220 calls trading, 3x expected, and implied vol increasing over 3 points to 34.93%. Sep-23 38 calls and Mar-24 40 calls are the most active options, with total volume in those strikes near 15,300 contracts. The Put/Call Ratio is 0.13. Earnings are expected on October 31st.
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Read More on CCJ:
- Unusually active option classes on open September 5th
- Cameco price target raised to C$56 from C$49.50 at Canaccord
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- Cameco downgraded to Hold at Cantor Fitzgerald after production guidance cut
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