Whales with a lot of money to spend have taken a noticeably bullish stance on General Motors.
Looking at options history for General Motors GM we detected 18 trades.
If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 38% with bearish.
From the overall spotted trades, 14 are puts, for a total amount of $612,176 and 4, calls, for a total amount of $250,588.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $47.0 to $60.0 for General Motors over the recent three months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for General Motors's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of General Motors's whale activity within a strike price range from $47.0 to $60.0 in the last 30 days.
General Motors 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
GM | PUT | SWEEP | BEARISH | 02/21/25 | $7.95 | $7.85 | $7.95 | $60.00 | $127.2K | 687 | 198 |
GM | CALL | TRADE | NEUTRAL | 01/17/25 | $0.54 | $0.5 | $0.52 | $57.50 | $98.8K | 19.6K | 1.9K |
GM | PUT | TRADE | BEARISH | 06/20/25 | $7.95 | $7.55 | $7.95 | $57.50 | $75.5K | 491 | 95 |
GM | CALL | TRADE | BULLISH | 01/17/25 | $3.25 | $3.2 | $3.25 | $50.00 | $65.0K | 15.4K | 767 |
GM | CALL | SWEEP | BULLISH | 02/21/25 | $3.1 | $3.05 | $3.1 | $52.50 | $56.3K | 1.2K | 315 |
About General Motors
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its us market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021. 2023's share was 16.5%. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but stopped in late 2023 after an accident. It restarted service in 2024 but not in California. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.
In light of the recent options history for General Motors, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of General Motors
- Currently trading with a volume of 3,767,056, the GM's price is down by -2.29%, now at $51.53.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 48 days.
Expert Opinions on General Motors
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $58.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * In a positive move, an analyst from Morgan Stanley has upgraded their rating to Equal-Weight and adjusted the price target to $54. * An analyst from Mizuho persists with their Outperform rating on General Motors, maintaining a target price of $62.
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 General Motors with Benzinga Pro for real-time alerts.
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