GE Aero Unusual Options Activity Analysis

Recently, prominent financial players have made notable bullish moves regarding GE Aero. Our evaluation of the options trading history for GE Aero (NYSE:GE) identified 28 unusual trades that highlight market sentiment.

In the analysis, we discovered that 46% of traders exhibited bullish behavior, while the other 46% leaned toward bearish positions. Among the trades we reviewed, 22 were puts valued at $1,064,694, and 6 were calls with a total value of $934,110.

Price Movement Expectations

Reviewing the volume and open interest of these contracts indicates that significant investors are anticipating a price range between $115.00 and $210.00 for GE Aero over the past quarter.

Volume & Open Interest Insights

Analyzing volume and open interest is a crucial method for performing due diligence on a stock. This information can help track the liquidity and investor interest for GE Aero's options at specific strike prices.

Below, we detail the evolution of volume and open interest concerning calls and puts for all significant trading activity within the $115.00 to $210.00 strike price range over the last 30 days.

GE Aero Option Activity Overview: Last 30 Days

Significant Options Activity Noted:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
GE	CALL	TRADE	BULLISH	12/20/24	$3.75	$3.55	$3.74	$185.00	$729.3K	5.2K	150
GE	PUT	SWEEP	BEARISH	01/17/25	$8.90	$8.85	$8.85	$175.00	$92.9K	2.2K	123
GE	CALL	TRADE	BULLISH	01/17/25	$60.00	$59.65	$60.00	$115.00	$60.0K	42	10
GE	PUT	TRADE	BEARISH	12/20/24	$18.00	$15.70	$18.00	$190.00	$54.0K	669	30
GE	PUT	SWEEP	BEARISH	12/20/24	$13.85	$13.55	$13.74	$185.00	$50.8K	893	324

About GE Aero

GE Aerospace is a leader globally in the design, manufacturing, and servicing of large aircraft engines, in collaboration with Safran within the CFM joint venture. With a vast global installed base of almost 70,000 commercial and military engines, GE Aerospace primarily generates profits from recurring service revenues associated with this equipment, which can operate for decades. GE Aerospace represents the remaining core business of a company that was founded in 1892, having historical connections to American inventor Thomas Edison. This company evolved into a notable conglomerate with peak revenues reaching $130 billion in 2000, before it spun off its appliance, finance, healthcare, wind, and power divisions between 2016 and 2024.

Current Market Status of GE Aero

• The trading volume stands at 3,150,620, with GE's price currently down by -0.63%, positioned at $174.25.
• Relative Strength Index (RSI) indicators suggest that the stock may be nearing an oversold condition.
• The next earnings announcement is anticipated in 84 days.

Expert Opinions on GE Aero

Over the last month, five industry analysts have provided insights regarding this stock, proposing an average target price of $213.00.

Notable Unusual Options Activity: Insight from the Market

There is potential for market movement signals identified on options boards, indicating where major investments are directed in favored stocks.

Maintaining consistent evaluations, an analyst from UBS has retained a Buy rating for GE Aero with a price target of $230. Additionally, analysts from B of A Securities uphold a Buy rating with a target price of $200. Furthermore, Bernstein analysts maintain an Outperform rating with a target price of $225, and RBC Capital echoes the Outperform rating with a $200 target. Wells Fargo also maintains its Overweight rating for GE Aero, aiming for a price of $210.

It should be noted that trading in options carries higher risks and potential rewards. Savvy traders manage risks by staying informed, adjusting strategies when necessary, monitoring indicators thoroughly, and observing market movements closely. Stay updated on the most recent options trades for GE Aero through real-time alerts.

Options, Trading, Analysis