What the Options Market Tells Us About GE Vernova

Deep-pocketed investors have adopted a bullish approach towards GE Vernova GEV, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GEV usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 18 extraordinary options activities for GE Vernova. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 55% leaning bullish and 22% bearish. Among these notable options, 3 are puts, totaling $683,925, and 15 are calls, amounting to $754,878.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $170.0 to $600.0 for GE Vernova during the past quarter.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in GE Vernova's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to GE Vernova's substantial trades, within a strike price spectrum from $170.0 to $600.0 over the preceding 30 days.

GE Vernova Option Activity Analysis: Last 30 Days

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
GEV PUT SWEEP NEUTRAL 02/21/25 $4.4 $2.8 $3.8 $370.00 $564.5K 417 1.5K
GEV CALL SWEEP BULLISH 02/21/25 $21.7 $19.4 $20.8 $430.00 $103.6K 304 55
GEV CALL TRADE BULLISH 01/31/25 $78.9 $75.5 $78.9 $350.00 $78.9K 11 0
GEV CALL TRADE BEARISH 02/21/25 $72.9 $71.9 $71.9 $355.00 $71.9K 0 10
GEV CALL SWEEP BULLISH 01/16/26 $35.3 $33.0 $35.3 $600.00 $70.2K 8 11

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.

Having examined the options trading patterns of GE Vernova, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of GE Vernova

  • Trading volume stands at 408,117, with GEV's price up by 2.22%, positioned at $425.25.
  • RSI indicators show the stock to be may be overbought.
  • Earnings announcement expected in 0 days.

Expert Opinions on GE Vernova

In the last month, 4 experts released ratings on this stock with an average target price of $413.75.

Turn $1000 into $1270 in just 20 days?

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. * Consistent in their evaluation, an analyst from Goldman Sachs keeps a Buy rating on GE Vernova with a target price of $446. * Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for GE Vernova, targeting a price of $374. * An analyst from Truist Securities persists with their Buy rating on GE Vernova, maintaining a target price of $420. * An analyst from B of A Securities has decided to maintain their Buy rating on GE Vernova, which currently sits at a price target of $415.

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.

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