General Motors Unusual Options Activity For June 28
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for General Motors (NYSE:GM), with a majority of investors taking a bullish stance. Of the 12 strange trades detected, 66% were bullish and 33% were bearish. The total amount for puts was $254,382 and for calls was $465,741. Whales have been targeting a price range from $30.0 to $45.0 for GM over the last 3 months. The current price of GM is up 0.85% at $37.8.
June 28, 2023 | 3:48 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Unusual options activity has been detected for General Motors, with a majority of investors taking a bullish stance. The current price of GM is up 0.85% at $37.8.
The unusual options activity, with a majority of investors taking a bullish stance, indicates a positive sentiment towards General Motors. This, combined with the current price increase, suggests a potential short-term positive impact on GM's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100