Whales with a lot of money to spend have taken a noticeably bullish stance on Generac Hldgs.
Looking at options history for Generac Hldgs GNRC we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and 25% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $75,610 and 6, calls, for a total amount of $414,240.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $50.0 and $160.0 for Generac Hldgs, spanning the last three months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Generac Hldgs options trades today is 154.14 with a total volume of 559.00.
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 $50.0 to $160.0 over the last 30 days.
Generac Hldgs 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| GNRC | CALL | SWEEP | BEARISH | 02/16/24 | $126.00 | $129.8K | 323 | 307 |
| GNRC | CALL | SWEEP | BULLISH | 01/16/26 | $100.00 | $90.2K | 21 | 0 |
| GNRC | CALL | SWEEP | BULLISH | 03/22/24 | $107.00 | $59.4K | 0 | 29 |
| GNRC | CALL | SWEEP | BULLISH | 02/16/24 | $126.00 | $51.3K | 323 | 0 |
| GNRC | PUT | TRADE | BEARISH | 01/17/25 | $150.00 | $47.7K | 214 | 13 |
About Generac Hldgs
Generac Power Systems 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.
Following our analysis of the options activities associated with Generac Hldgs, we pivot to a closer look at the company's own performance.
Generac Hldgs's Current Market Status
- Currently trading with a volume of 552,659, the GNRC's price is up by 1.91%, now at $119.59.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 7 days.
Expert Opinions on Generac Hldgs
In the last month, 1 experts released ratings on this stock with an average target price of $118.0.
- An analyst from Roth MKM has decided to maintain their Neutral rating on Generac Hldgs, which currently sits at a price target of $118.
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.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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