Investors with a lot of money to spend have taken a bearish stance on Generac Hldgs GNRC.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with GNRC, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 11 options trades for Generac Hldgs.
This isn't normal.
The overall sentiment of these big-money traders is split between 27% bullish and 72%, bearish.
Out of all of the options we uncovered, 10 are puts, for a total amount of $485,265, and there was 1 call, for a total amount of $486,555.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $125.0 to $125.0 for Generac Hldgs during the past quarter.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Generac Hldgs options trades today is 16.0 with a total volume of 3,722.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Generac Hldgs's big money trades within a strike price range of $125.0 to $125.0 over the last 30 days.
Generac Hldgs Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GNRC | CALL | SWEEP | BULLISH | 06/20/25 | $30.6 | $29.3 | $30.6 | $125.00 | $486.5K | 2 | 159 |
| GNRC | PUT | SWEEP | BEARISH | 06/20/25 | $12.2 | $11.6 | $12.2 | $125.00 | $136.6K | 40 | 112 |
| GNRC | PUT | SWEEP | BEARISH | 02/21/25 | $8.7 | $8.2 | $8.6 | $125.00 | $71.3K | 6 | 298 |
| GNRC | PUT | SWEEP | BULLISH | 02/21/25 | $8.7 | $8.5 | $8.6 | $125.00 | $52.4K | 6 | 443 |
| GNRC | PUT | SWEEP | BEARISH | 02/21/25 | $8.8 | $8.5 | $8.6 | $125.00 | $48.0K | 6 | 110 |
About Generac Hldgs
Generac designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.
Having examined the options trading patterns of Generac Hldgs, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Generac Hldgs Standing Right Now?
- Trading volume stands at 172,911, with GNRC's price down by -1.44%, positioned at $140.55.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 49 days.
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 Generac Hldgs with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
