Centrus Energy (LEU) Surges 8.05% on Intraday Rally: What's Fueling the Momentum?

Summary
• Centrus Energy (LEU) announces $650M convertible note offering to fund HALEU production expansion
• Intraday price surges 8.05% to $221.16, hitting $223.79 high amid heightened volatility
• Turnover rate spikes to 6.78%, signaling aggressive institutional positioning

Centrus Energy’s stock has ignited a dramatic intraday rally, surging 8.05% to $221.16 as of 5:29 PM ET. The move follows the company’s announcement of a $650 million convertible senior note offering, with investors reacting to strategic capital-raising for HALEU production. The stock’s sharp ascent reflects a confluence of bullish technicals, sector tailwinds, and speculative positioning in the options market.

Convertible Debt Offering Sparks Volatility and Sharp Price Surge
Centrus Energy’s intraday surge is directly tied to its $650 million convertible senior note offering, announced to fund the expansion of its HALEU (High-Assay Low-Enriched Uranium) production capabilities. The offering, which includes a $100 million over-allotment option, signals the company’s intent to scale operations for advanced reactor fuel. Investors interpreted the move as a strategic pivot to capitalize on growing demand for nuclear energy in the clean power transition. The convertible structure introduces potential equity dilution but also underscores confidence in Centrus’ ability to execute its HALEU roadmap, particularly with recent DOE contract awards. The stock’s 8.05% jump reflects optimism about the company’s positioning in the uranium enrichment sector and its alignment with U.S. energy security goals.

Options and Technicals: High-Leverage Calls and Strategic Put Protection
• MACD: 0.037 (bullish crossover), Signal Line: -1.52 (bearish divergence), Histogram: 1.56 (expanding bullish momentum)
• RSI: 63.73 (neutral to overbought), Bollinger Bands: $224.11 (upper), $194.91 (middle), $165.70 (lower)
• 200D MA: $119.05 (far below current price), 30D MA: $204.16 (support level)

Centrus Energy’s technicals paint a bullish short-term picture, with the stock trading above key moving averages and MACD divergence suggesting momentum. The RSI near overbought territory indicates strong near-term buying pressure, while Bollinger Bands highlight the stock’s volatility. For options traders, the most compelling contracts are LEU20250919C220 and LEU20250919C230, which offer high leverage and favorable Greeks. The 220-strike call (LEU20250919C220) has a 151.89% price change ratio and 16.64% leverage, making it ideal for aggressive bulls. The 230-strike call (LEU20250919C230) offers 173.87% price change and 24.36% leverage, with a moderate delta of 0.4326, balancing directional exposure with time decay. Both contracts have high implied volatility (78.97% and 80.09%) and liquidity (turnover of $205k and $136k), ensuring ease of entry/exit. A 5% upside scenario (targeting $232.22) would yield a 14.5% return on the 220-strike call and 14.1% on the 230-strike call. Aggressive bulls should consider LEU20250919C220 into a breakout above $224.11 (Bollinger upper band).

Backtest Centrus Energy Stock Performance
Below is the interactive event-study report that quantifies how Centrus Energy (LEU) trades after a ≥ 8 % intraday surge (High − Open ≥ 8 %) between 2022-01-01 and 2025-09-09. Key findings are rendered in the module—please scroll the chart for detailed win-rate and return curves.Explanation of automated assumptions:1. Intraday surge definition – interpreted as (High − Open)/Open ≥ 8 %, a common proxy when full tick data are unavailable.2. Analysis window – full sample from 2022-01-01 through the latest trading day (2025-09-09) as requested.3. Price series – daily OHLC data retrieved for LEU, sufficient to derive the event dates list.Let me know if you’d like a different surge threshold, a narrower holding-period analysis, or any additional diagnostics.

Bullish Momentum Intact: Position for HALEU Expansion and Sector Tailwinds
Centrus Energy’s 8.05% intraday surge reflects a strategic inflection point, with the convertible offering fueling optimism about HALEU production scalability. Technicals remain bullish, with the stock poised to test its 52-week high of $264.90. Investors should monitor the $224.11 Bollinger upper band and $204.16 30D MA as key levels. The sector leader, Cameco (CCJ), has risen 0.64% today, underscoring broader uranium market strength. For those seeking leverage, the LEU20250919C220 and LEU20250919C230 options offer high-reward potential. Watch for a breakdown below $202.44 (intraday low) or regulatory developments in the DOE HALEU contracts to dictate next steps.