Expand Energy (EXE) deserves a closer inspection, if only because it represented one of the few names that have weathered the Greenland drama quite well. In the trailing five sessions, EXE stock is up almost 8%, a beneficiary of analyst support. A ‘Strong Buy’ candidate, the main fundamental thesis is that, while the underlying natural gas pricing may fluctuate, strong power generation demand could help lift the business.
Indeed, that’s what the options flow screener — which focuses exclusively on big block transactions — appears to be implying. During the midweek session, net trade sentiment was overwhelmingly bullish, landing at $951,000 (relative to total gross bullish volume of $988,500). Further, delta imbalance stood at $60,827, indicating that market makers’ books would rise in value if EXE stock also moves higher.
