General Motors Unusual Options Activity For August 06
Portfolio Pulse from Benzinga Insights
Financial giants have shown significant interest in General Motors (NYSE:GM) through unusual options activity. Analysis reveals a balanced sentiment with 37% bullish and 37% bearish trades. The major market movers are focusing on a price band between $40.0 and $47.0. Analysts have mixed ratings, with price targets ranging from $34 to $64.
August 06, 2024 | 2:30 pm
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NEUTRAL IMPACT
General Motors has seen unusual options activity with balanced bullish and bearish trades. Analysts have mixed ratings, with price targets ranging from $34 to $64.
The balanced sentiment in options trading and mixed analyst ratings suggest a neutral short-term impact on GM's stock price. The price targets indicate a wide range of potential outcomes.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100