GE Vernova's Options Frenzy: What You Need to Know

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Whales with a lot of money to spend have taken a noticeably bullish stance on GE Vernova.

Looking at options history for GE Vernova GEV we detected 9 trades.

If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 33% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $968,275 and 6, calls, for a total amount of $292,740.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $175.0 and $360.0 for GE Vernova, spanning the last three months.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for GE Vernova options trades today is 228.11 with a total volume of 3,456.00.

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 $175.0 to $360.0 over the last 30 days.

GE Vernova Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
GEV PUT SWEEP BULLISH 01/10/25 $3.8 $3.4 $3.1 $315.00 $803.0K 136 2.3K
GEV PUT SWEEP BULLISH 01/17/25 $1.3 $1.25 $1.25 $290.00 $112.0K 472 1.0K
GEV CALL TRADE BULLISH 12/19/25 $126.8 $123.0 $126.8 $230.00 $63.4K 65 5
GEV CALL TRADE NEUTRAL 01/03/25 $158.3 $155.1 $157.0 $175.00 $62.8K 1 1
GEV CALL TRADE BEARISH 01/17/25 $62.8 $61.4 $61.4 $270.00 $61.4K 644 10

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.

After a thorough review of the options trading surrounding GE Vernova, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

GE Vernova's Current Market Status

  • Currently trading with a volume of 212,404, the GEV's price is down by -0.03%, now at $330.14.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 22 days.

Expert Opinions on GE Vernova

In the last month, 5 experts released ratings on this stock with an average target price of $391.8.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Maintaining their stance, an analyst from Guggenheim continues to hold a Buy rating for GE Vernova, targeting a price of $380. * Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on GE Vernova with a target price of $420. * Consistent in their evaluation, an analyst from Guggenheim keeps a Buy rating on GE Vernova with a target price of $400. * Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on GE Vernova with a target price of $356. * Reflecting concerns, an analyst from Wolfe Research lowers its rating to Outperform with a new price target of $403.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest GE Vernova options trades with real-time alerts from Benzinga Pro.

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