<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>Constellation Energy</strong>.</p>
<p>Looking at options history for Constellation Energy (NASDAQ:CEG) we detected 11 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 27% of the investors opened trades with bullish expectations and 36% with bearish.</p>
<p>From the overall spotted trades, 2 are puts, for a total amount of $284,000 and 9, calls, for a total amount of $585,589.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $175.0 to $350.0 for Constellation Energy over the last 3 months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Constellation Energy's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Constellation Energy's substantial trades, within a strike price spectrum from $175.0 to $350.0 over the preceding 30 days.</p>
<h3>Constellation Energy Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1756137673_0.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Options Call Chart" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2025/1756137673_0.png"/></p>

<h3>Significant Options Trades Detected:</h3>
<p></p><table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th align="right"><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CEG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$35.7</td>
<td>$35.4</td>
<td>$35.5</td>
<td>$320.00</td>
<td>$223.6K</td>
<td align="right">531</td>
<td align="right">63</td>
</tr>
<tr>
<td>CEG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/21/25</td>
<td>$14.8</td>
<td>$14.5</td>
<td>$14.8</td>
<td>$350.00</td>
<td>$148.0K</td>
<td align="right">499</td>
<td align="right">234</td>
</tr>
<tr>
<td>CEG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/21/25</td>
<td>$14.3</td>
<td>$14.2</td>
<td>$14.3</td>
<td>$350.00</td>
<td>$107.2K</td>
<td align="right">499</td>
<td align="right">30</td>
</tr>
<tr>
<td>CEG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/18/26</td>
<td>$148.0</td>
<td>$145.5</td>
<td>$145.5</td>
<td>$185.00</td>
<td>$72.7K</td>
<td align="right">0</td>
<td align="right">5</td>
</tr>
<tr>
<td>CEG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$140.9</td>
<td>$138.1</td>
<td>$139.63</td>
<td>$180.00</td>
<td>$69.8K</td>
<td align="right">61</td>
<td align="right">5</td>
</tr>
</tbody>
</table><p></p>
<h3>About Constellation Energy</h3>
<p>Constellation Energy Corp producer of carbon-free energy and a supplier of energy products and services. The company offers generating capacity that includes nuclear, wind, solar, natural gas, and hydroelectric assets. It sells electricity, natural gas, and other energy-related products and sustainable solutions to various types of customers, including distribution utilities, municipalities, cooperatives, and commercial, industrial, public sector, and residential customers in markets across multiple geographic regions. Its operating segments and reporting units are Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions.</p>
<p>After a thorough review of the options trading surrounding Constellation Energy, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Present Market Standing of Constellation Energy</h3>
<ul>
<li>Trading volume stands at 531,936, with CEG's price up by 0.4%, positioned at $311.4.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 70 days.</li>
</ul>
<h3>What The Experts Say On Constellation Energy</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $395.8.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access.
* Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for Constellation Energy, targeting a price of $359. 
* Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on Constellation Energy with a target price of $390. 
* Maintaining their stance, an analyst from BMO Capital continues to hold a Outperform rating for Constellation Energy, targeting a price of $375. 
* Consistent in their evaluation, an analyst from Raymond James keeps a Outperform rating on Constellation Energy with a target price of $393. 
* An analyst from Melius Research has revised its rating downward to Buy, adjusting the price target to $462. </p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Constellation Energy options trades with real-time alerts from Benzinga Pro.</p>

<p>Whales are taking a bearish stance on Constellation Energy (NASDAQ: CEG), with 36% of trades being bearish and 27% bullish. The total trade amounts to $284,000 in puts and $585,589 in calls, targeting a price range of $175 to $350 over the last three months. Current trading volume is 531,936, with the stock priced at $311.4. Analysts have an average target price of $395.8, with ratings ranging from Overweight to Outperform. The next earnings announcement is expected in 70 days.</p>

This Is What Whales Are Betting On Constellation Energy