Investors with a lot of money to spend have taken a bullish stance on GE Vernova (NYSE:GEV).

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 these are institutions or just wealthy individuals, we don't know. But when something this big happens with GEV, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 57 uncommon options trades for GE Vernova.

This isn't normal.

The overall sentiment of these big-money traders is split between 42% bullish and 36%, bearish.

Out of all of the special options we uncovered, 9 are puts, for a total amount of $476,015, and 48 are calls, for a total amount of $3,536,323.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $250.0 to $440.0 for GE Vernova over the last 3 months.

Insights into 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 GE Vernova'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 GE Vernova's whale activity within a strike price range from $250.0 to $440.0 in the last 30 days.

GE Vernova 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

About GE Vernova

Where Is GE Vernova Standing Right Now?

• With a volume of 1,690,627, the price of GEV is up 5.11% at $385.56.
• RSI indicators hint that the underlying stock may be overbought.
• Next earnings are expected to be released in 8 days.

Expert Opinions on GE Vernova

A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $394.5.

Turn $1000 into $1270 in just 20 days?

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for GE Vernova, Benzinga Pro gives you real-time options trades alerts.