This Is What Whales Are Betting On General Motors

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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 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 $301,334 and 6, calls, for a total amount of $675,765.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $25.0 to $62.5 for General Motors over the recent three months.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for General Motors's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across General Motors's significant trades, within a strike price range of $25.0 to $62.5, over the past month.

General Motors 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
GM CALL SWEEP BULLISH 06/20/25 $12.95 $12.65 $12.92 $40.00 $258.9K 8.0K 201
GM CALL TRADE NEUTRAL 01/17/25 $11.55 $11.4 $11.48 $40.00 $229.6K 7.9K 209
GM PUT SWEEP BEARISH 01/16/26 $12.95 $12.8 $12.9 $62.50 $175.4K 25 182
GM CALL TRADE BULLISH 01/15/27 $14.35 $14.15 $14.3 $45.00 $71.5K 296 50
GM PUT SWEEP NEUTRAL 01/24/25 $0.64 $0.63 $0.64 $51.00 $67.8K 207 1.0K

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 after a 2023 accident GM decided in December 2024 that it will focus on AVs in personal vehicles. GM should own 100% of Cruise by 2025. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.

Following our analysis of the options activities associated with General Motors, we pivot to a closer look at the company's own performance.

General Motors's Current Market Status

  • Currently trading with a volume of 2,436,979, the GM's price is down by -0.52%, now at $51.43.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 12 days.

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.

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.

Overview Rating:
Promising
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