Financial giants have made a conspicuous bearish move on General Motors. Our analysis of options history for General Motors (NYSE:GM) revealed 17 unusual trades.
Delving into the details, we found 47% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $533,620, and 11 were calls, valued at $1,478,311.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $48.0 to $57.5 for General Motors over the last 3 months.
Analyzing Volume & Open Interest
Assessing the volume and open interest is...
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