Check Out What Whales Are Doing With General Electric
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on General Electric (NYSE:GE), with Benzinga's options scanner spotting 10 uncommon options trades. The sentiment of these big-money traders is split 50% bullish and 50% bearish. Whales have been targeting a price range of $40 to $115 for GE over the last 3 months.
June 02, 2023 | 8:46 pm
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A large investor has taken a bullish stance on General Electric (NYSE:GE), with 10 uncommon options trades spotted. Whales have been targeting a price range of $40 to $115 for GE over the last 3 months.
The large investor's bullish stance on General Electric indicates that they believe the stock price will increase in the short term. The fact that whales have been targeting a price range of $40 to $115 for GE over the last 3 months suggests that there is significant interest in the stock, which could drive the price up. Additionally, the 50% bullish sentiment among big-money traders further supports the likelihood of a short-term price increase.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100