Financial giants have made a conspicuous bearish move on GE Vernova. Our analysis of options history for GE Vernova GEV revealed 8 unusual trades.
Delving into the details, we found 12% of traders were bullish, while 87% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $160,782, and 3 were calls, valued at $127,797.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $135.0 and $200.0 for GE Vernova, spanning the last three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for GE Vernova options trades today is 25.4 with a total volume of 178.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for GE Vernova's big money trades within a strike price range of $135.0 to $200.0 over the last 30 days.
GE Vernova Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GEV | CALL | SWEEP | BEARISH | 10/18/24 | $13.6 | $13.0 | $13.0 | $150.00 | $54.2K | 46 | 43 |
| GEV | CALL | SWEEP | BEARISH | 06/21/24 | $5.2 | $5.0 | $5.0 | $150.00 | $45.5K | 0 | 58 |
| GEV | PUT | TRADE | NEUTRAL | 10/18/24 | $40.7 | $38.6 | $39.65 | $175.00 | $39.6K | 50 | 10 |
| GEV | PUT | TRADE | BEARISH | 10/18/24 | $39.9 | $37.1 | $38.9 | $175.00 | $38.9K | 50 | 20 |
| GEV | PUT | TRADE | BEARISH | 01/17/25 | $62.4 | $60.7 | $62.4 | $200.00 | $31.2K | 10 | 5 |
About GE Vernova
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to point of consumption.
In light of the recent options history for GE Vernova, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is GE Vernova Standing Right Now?
- Trading volume stands at 2,368,510, with GEV's price up by 0.05%, positioned at $137.29.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 6 days.
Professional Analyst Ratings for GE Vernova
5 market experts have recently issued ratings for this stock, with a consensus target price of $158.4.
- In a cautious move, an analyst from RBC Capital downgraded its rating to Outperform, setting a price target of $160.
- Reflecting concerns, an analyst from Exane BNP Paribas lowers its rating to Outperform with a new price target of $177.
- An analyst from JP Morgan has elevated its stance to Overweight, setting a new price target at $141.
- An analyst from Mizuho has revised its rating downward to Buy, adjusting the price target to $154.
- In a cautious move, an analyst from RBC Capital downgraded its rating to Outperform, setting a price target of $160.
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 Vernova, Benzinga Pro gives you real-time options trades alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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