Decoding GE Aero's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Recent options activity for GE Aero shows a bearish sentiment among large investors, with 52% of trades being bearish. The options trades have targeted a price range of $100 to $205. Despite this, analysts maintain positive ratings with price targets ranging from $210 to $235. GE Aero's stock is currently trading at $183.94, up 4.12%, with a neutral RSI. Earnings are expected in 90 days.
October 23, 2024 | 3:30 pm
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NEUTRAL IMPACT
GE Aero's options activity shows a bearish sentiment with 52% of trades being bearish. However, analysts maintain positive ratings with price targets between $210 and $235. The stock is currently trading at $183.94, up 4.12%.
The options activity indicates a bearish sentiment among large investors, which could suggest a potential short-term downside. However, the positive analyst ratings and recent stock price increase provide a counterbalance, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100