Financial giants have made a conspicuous bullish move on GEO Group. Our analysis of options history for GEO Group GEO revealed 9 unusual trades.
Delving into the details, we found 66% of traders were bullish, while 22% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $152,600, and 6 were calls, valued at $264,255.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $7.0 to $20.0 for GEO Group during the past quarter.
Insights into Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for GEO Group's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across GEO Group's significant trades, within a strike price range of $7.0 to $20.0, over the past month.
GEO Group Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GEO | PUT | SWEEP | BULLISH | 11/15/24 | $1.95 | $1.9 | $1.91 | $14.00 | $76.4K | 31 | 0 |
| GEO | CALL | SWEEP | BULLISH | 09/20/24 | $0.75 | $0.65 | $0.75 | $15.00 | $75.0K | 415 | 934 |
| GEO | CALL | SWEEP | BULLISH | 09/20/24 | $0.75 | $0.65 | $0.75 | $15.00 | $45.6K | 415 | 1.0K |
| GEO | CALL | TRADE | BEARISH | 01/16/26 | $4.5 | $4.2 | $4.32 | $12.00 | $43.2K | 1.1K | 200 |
| GEO | CALL | SWEEP | BULLISH | 01/16/26 | $1.75 | $1.7 | $1.75 | $20.00 | $39.3K | 3.4K | 45 |
About GEO Group
The GEO Group Inc specializes in detention facilities and community reentry centers. It operates in four segments: U.S. Secure Services, which mainly encompasses U.S.-based secure services business; Electronic Monitoring and Supervision Services, which conducts its services in the United States, represents services provided to adults for monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; Reentry Services conducts its services in the United States represents services provided to adults for residential and non-residential treatment, educational and community-based programs, pre-release and half-way house programs; and International Services.
After a thorough review of the options trading surrounding GEO Group, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of GEO Group
- With a volume of 4,484,308, the price of GEO is down -8.28% at $13.23.
- RSI indicators hint that the underlying stock may be oversold.
- Next earnings are expected to be released in 0 days.
What The Experts Say On GEO Group
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $22.0.
- Maintaining their stance, an analyst from Wedbush continues to hold a Outperform rating for GEO Group, targeting a price of $22.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for GEO Group with Benzinga Pro for real-time alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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