Spotlight on General Motors: Analyzing the Surge in Options Activity

Benzinga ·  May 18 04:01

Whales with a lot of money to spend have taken a noticeably bearish stance onGeneral Motors.

Looking at options history for General Motors (NYSE:GM) we detected 11 trades.

If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 54% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $356,895 and 8, calls, for a total amount of $388,065.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $39.0 to $55.0 for General...

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