Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
---|
Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
---|
Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
---|
Financial giants have made a conspicuous bearish move on GE Aero. Our analysis of options history for GE Aero (NYSE:GE) revealed 17 unusual trades.
Delving into the details, we found 47% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $188,303, and 13 were calls, valued at $982,024.
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $115.0 and $170.0 for GE Aero, spanning the last three months.
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in GE Aero's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to GE Aero's substantial trades, within a strike price spectrum from $115.0 to $170.0 over the preceding 30 days.
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
GE | CALL | SWEEP | BEARISH | 05/03/24 | $4.3 | $4.25 | $4.3 | $160.00 | $213.2K | 1.1K | 47 |
GE | CALL | SWEEP | BEARISH | 06/21/24 | $4.1 | $4.05 | $4.1 | $170.00 | $187.0K | 23.1K | 124 |
GE | CALL | SWEEP | BULLISH | 05/03/24 | $4.85 | $4.15 | $4.15 | $160.00 | $114.5K | 1.1K | 568 |
GE | CALL | TRADE | BULLISH | 05/03/24 | $13.35 | $13.25 | $13.35 | $145.00 | $66.7K | 293 | 150 |
GE | PUT | SWEEP | BEARISH | 09/20/24 | $11.25 | $11.15 | $11.15 | $155.00 | $63.7K | 308 | 9 |
GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000. GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.
Having examined the options trading patterns of GE Aero, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $174.0.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for GE Aero, Benzinga Pro gives you real-time options trades alerts.
Posted In: GE