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Canadian Natural Resources is drawing bearish option activity.
optionMONSTER's Depth Charge monitoring system detected the purchase of about 6,100 January 18 puts for $0.45 to $0.53 today. Volume surpassed open interest of 2,213 contracts, an indication that new money was put to work.
Long puts lock in the price where a stock can be sold, so they make money to the downside. Investors use them to hedge long positions or to speculate on a drop.(See our Coaching section)
CNQ is down 4.89 percent to $18.36 in morning trading. The oil and natural-gas producer has has fallen 22 percent in the last three months.
Overall option volume in the name is already twice its daily average so far today, according to the Depth Charge. Puts outnumbered calls by a bearish 30-to-1 ratio.
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Canadian Natural Resources Ltd
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PRODUCTEUR |
CODE : CNQ.TO |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Canadian Natural est une société de production minière basée au Canada. Canadian Natural est productrice de pétrole au Canada, et détient divers projets d'exploration au Canada. Son principal projet en production est HORIZON PROJECT au Canada. Canadian Natural est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 118,4 milliards CA$ (86,7 milliards US$, 81,0 milliards €). La valeur de son action a atteint son plus bas niveau récent le 20 mars 2020 à 10,50 CA$, et son plus haut niveau récent le 26 avril 2024 à 106,42 CA$. Canadian Natural possède 1 112 579 968 actions en circulation. |