Looking At General Motors's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bullish stance on General Motors (NYSE:GM) with 64% of investors opening trades with bullish expectations and 35% with bearish. Whales have been targeting a price range of $25 to $40 for GM over the last 3 months. The stock is currently down 0.78% at $32.65, with RSI indicators suggesting a neutral position.
May 19, 2023 | 6:31 pm
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NEUTRAL IMPACT
A whale has taken a bullish stance on General Motors, with 64% of investors opening trades with bullish expectations and 35% with bearish. The stock is currently down 0.78% at $32.65.
The whale's bullish stance on General Motors indicates a potential positive impact on the stock price. However, the current stock price is down 0.78% at $32.65, and RSI indicators suggest a neutral position. This mixed information leads to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100