Looking At General Motors's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on General Motors (NYSE:GM), with 54% of recent trades being bullish and 45% bearish. The total amount for put trades is $230,614 and for call trades is $622,620. Whales have been targeting a price range from $30.0 to $50.0 for General Motors over the last 3 months. The price of GM is currently up 0.97% at $38.57.
June 30, 2023 | 5:02 pm
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Bullish stance on General Motors with majority of recent trades being bullish. Whales targeting a price range from $30.0 to $50.0 for GM over the last 3 months.
The news indicates a bullish sentiment towards General Motors, with a majority of recent trades being bullish. This could potentially drive the stock price up in the short term. The targeted price range by whales also indicates a positive outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100