Smart Money Is Betting Big In GE Aero Options
Portfolio Pulse from Benzinga Insights
Whales are showing a bearish stance on GE Aero (NYSE:GE) with significant options activity. 45% of the trades are bearish, with a focus on a price range between $160.0 and $250.0. Analysts maintain a positive outlook with an average price target of $198.5.
July 26, 2024 | 4:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Whales are showing a bearish stance on GE Aero with significant options activity. 45% of the trades are bearish, focusing on a price range between $160.0 and $250.0. Analysts maintain a positive outlook with an average price target of $198.5.
The significant bearish options activity suggests that large investors are expecting a decline in GE Aero's stock price. However, analysts maintain a positive outlook, which could mitigate the negative sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100