Click to View this Strategy in BE Option Chain Profit Calculator
Large Volume Call Spread Nets 12.8% Gain on $920K Bet—Why Traders Are Eyeing More Upside in BE
A high-stakes options play in Bloom Energy (BE) lit up the tape recently: a single call spread trade covering 3,010 contracts racked up a 12.8% gain in under five hours, worth about $234,780 in profit. With buyers risking over $920,000 for a shot at a $2.8 million payoff, the trade reveals conviction that BE’s outperformance is far from over. Let’s break down what happened and how technicals and market indicators fit in.
Trade Details: $920K Call Spread Aims for a 3X Payoff by 2027
| Expiration | Strike Prices | Contracts | VWAP Price | Stock Reference | P/L (so far) |
|---|---|---|---|---|---|
| 15-Jan-27 | 85/110 Call Spread | 3,010 | 6.12 | 73.41 | +0.78 (12.8%) |
Summary: This buyer scooped up the Jan 2027 $85-$110 call spread, putting down about $920,000 in premium. With the spread’s price quickly rising to 6.90, the open gain hit 12.8%—helped by a $4.04 jump in BE’s stock to 77.45.
- Break-even/Profit Target: Maximum profit comes if BE closes above $110 by expiration in Jan 2027—unlocking about $2.8 million in profits.
- Price Paid: The spread was bought at 6.12 (above midpoint), suggesting assertive customer demand for upside exposure. See the multi-leg trade details.
Bullish Technicals: BE Stock Rockets 691.6% in One Year, Breaks Above Resistance
The technical landscape for BE couldn’t be much hotter. Here are some highlights:
- Stock Price: 77.45 (+5.68% today, up 4.16 on the day)
- Uptrend: All major moving averages—20, 50, 250 day—are surging, with price beating them by 40.7% (20d), 84.1% (50d), and a remarkable 219.7% (250d).
- Outperformance: BE has dramatically outperformed the S&P 500 (SPY) across every key timeframe—see the table below.
| Duration | BE Return | SPY Return | BE Low | BE High |
|---|---|---|---|---|
| Today | +5.6% | -0.6% | 72.35 | 78.89 |
| 2 Week | +50.8% | +2.4% | 50.05 | 78.89 |
| 1 Month | +71.0% | +1.9% | 40.56 | 78.89 |
| 3 Month | +237.9% | +9.1% | 20.93 | 78.89 |
| 6 Month | +216.4% | +17.1% | 15.15 | 78.89 |
| 1 Year | +691.6% | +17.8% | 9.02 | 78.89 |
| YTD | +248.6% | +12.5% | 15.15 | 78.89 |
| 3 Year | +207.3% | +75.0% | 8.41 | 78.89 |
| 5 Year | +419.3% | +103.0% | 8.41 | 78.89 |
Key points: The stock is currently breaking above its expected resistance at 77.36 and far surpassing all major moving averages. Its recent surge is matched by consistent leadership versus the broad market.
Options Skew Indicator Confirms Bullish Market Posture
Supporting this bullish technical story, the 30-day implied volatility skew for BE currently sits at a 73% rank. According to Market Chameleon’s proprietary skew indicator, this suggests the market is displaying one of its more optimistic stances for BE in the past year—a rare setup where both momentum and sentiment are lined up to the upside.
Takeaway: High Conviction Upside Bet as Technicals and Options Indicators Align
This large call spread trade—and its immediate 12.8% profit—echoes what technical and sentiment indicators are flashing: traders are positioning for more gains, not less. The $920K bet stands to triple if BE can power past $110 in 2027. For traders looking to explore similar multi-leg opportunities or analyze fresh call spreads, the Market Chameleon Multi-Leg Screener is worth a look.
Bottom line: While the market’s future is never certain, the alignment between a bold options trade, runaway stock performance, and bullish option skews puts BE firmly in the spotlight for anyone watching for momentum-backed breakouts.
Contact Information:
If you have feedback or concerns about the content, please feel free to reach out to us via email at support@marketchameleon.com.
About the Publisher - Marketchameleon.com:
Marketchameleon is a comprehensive financial research and analysis website specializing in stock and options markets. We leverage extensive data, models, and analytics to provide valuable insights into these markets. Our primary goal is to assist traders in identifying potential market developments and assessing potential risks and rewards.
NOTE: Stock and option trading involves risk that may not be suitable for all investors. Examples contained within this report are simulated and may have limitations. Average returns and occurrences are calculated from snapshots of market mid-point prices and were not actually executed, so they do not reflect actual trades, fees, or execution costs. This report is for informational purposes only, and is not intended to be a recommendation to buy or sell any security. Neither Market Chameleon nor any other party makes warranties regarding results from its usage. Past performance does not guarantee future results. Please consult a financial advisor before executing any trades. You can read more about option risks and characteristics at theocc.com.
The information is provided for informational purposes only and should not be construed as investment advice. All stock price information is provided and transmitted as received from independent third-party data sources. The Information should only be used as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments and trading strategies. The Company does not guarantee the accuracy, completeness or timeliness of the Information.