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Spotlight on General Motors: Analyzing the Surge in Options Activity

www.benzinga.com 26-12-2024 08:15 1 Minutes reading
Financial giants have made a conspicuous bullish move on General Motors. Our analysis of options history for General Motors (NYSE:GM) revealed 10 unusual trades.Delving into the details, we found 50% of traders were bullish, while 20% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $354,833, and 8 were calls, valued at $252,002.What's The Price Target?Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $25.0 to $65.0 for General Motors over the recent three months. Volume & Open Interest TrendsExamining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for General Motors's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across General Motors's significant trades, within a strike price range of $25.0 to $65.0, over the past month.General Motors Option Volume And Open Interest Over Last 30 DaysFull story available on Benzinga.com

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Behind the Scenes of Qualcomm's Latest Options Trends

Whales with a lot of money to spend have taken a noticeably bearish stance on Qualcomm.Looking at options history for Qualcomm (NASDAQ:QCOM) we detected 10 trades.If we consider the specifics of each trade, it is accurate to state that 20% of the investors opened trades with bullish expectations and 50% with bearish.From the overall spotted trades, 3 are puts, for a total amount of $103,238 and 7, calls, for a total amount of $449,504.Projected Price TargetsTaking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $105.0 to $200.0 for Qualcomm over the last 3 months. Insights into Volume & Open InterestIn terms of liquidity and interest, the mean open interest for Qualcomm options trades today is 1371.1 with a total volume of 892.00.In the following chart, we are able to follow ...Full story available on Benzinga.com

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