General Dynamics Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for General Dynamics (NYSE:GD), with a large position indicating a bullish stance. The options scanner at Benzinga spotted 18 options trades for General Dynamics, with 66% bullish and 33% bearish sentiment. Whales have been targeting a price range from $200.0 to $260.0 for General Dynamics over the last 3 months. The price of GD is up 8.43% at $238.48. Wells Fargo, Citigroup, and Berenberg maintain positive ratings on General Dynamics, while Susquehanna and Deutsche Bank have downgraded their actions to Positive and Buy respectively.
October 09, 2023 | 8:46 pm
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Unusual bullish options activity has been observed for General Dynamics. The stock price is up 8.43% at $238.48. Mixed analyst ratings from Wells Fargo, Citigroup, Susquehanna, Deutsche Bank, and Berenberg.
The unusual options activity, particularly the bullish stance, indicates that investors expect the stock price to rise. This, coupled with the recent increase in stock price and the mixed analyst ratings, suggests potential short-term positive impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100