This alternative energy stock is more popular than SpaceX in the options pits. Here's why — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Bloom Energy options trading surged to over 2.5x the 30-day average on Tuesday, with total premium exchange of nearly $500 million by midday — more than the $350 million traded in SpaceX options and dwarfing the $25 million in Valero Energy.
- Bloom Energy shares jumped more than 10% Tuesday, are up 30% in the past week, and have surged 70% since reporting earnings in late July; the stock is up 1,800% over three years.
- Bloom Energy will join the S&P 500 on Sept. 21, the first energy stock added to the index since 2022 according to UBS analyst Manav Gupta.
- Bloom Energy's implied volatility sits above 90%, nearly double Valero's 50% and triple ExxonMobil's 30% among S&P 500 energy stocks.
- Energy is the best-performing S&P 500 sector in 2026 with a year-to-date rally surpassing 40%, even as crude oil pushes back above $90 — yet options flows in the U.S. Oil Fund (USO) and XLE ETF were mixed, with puts dominating USO's top contracts while XLE saw 48,000 calls likely bought against 34,000 puts.
Why it matters: Bloom's Sept. 21 S&P 500 inclusion — the first energy stock added since 2022 — comes with implied volatility above 90%, more than double Valero's 50% and triple ExxonMobil's 30%. With energy the best S&P sector in 2026 at a 40%+ YTD rally, options traders are positioning for a fuel-cell name tied to AI data centers rather than oil-and-gas incumbents.
Ask SkimNews
