Whales with a lot of money to spend have taken a noticeably bullish stance on GE Vernova.
Looking at options history for GE Vernova GEV we detected 13 trades.
If we consider the specifics of each trade, it is accurate to state that 69% of the investors opened trades with bullish expectations and 30% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $101,216 and 10, calls, for a total amount of $660,360.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $195.0 and $350.0 for GE Vernova, spanning the last three months.
Analyzing Volume & Open Interest
In today’s trading context, the average open interest for options of GE Vernova stands at 577.0, with a total volume reaching 244.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in GE Vernova, situated within the strike price corridor from $195.0 to $350.0, throughout the last 30 days.
GE Vernova Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GEV | CALL | TRADE | BULLISH | 01/17/25 | $70.3 | $69.8 | $70.3 | $200.00 | $140.6K | 987 | 30 |
| GEV | CALL | TRADE | BULLISH | 05/16/25 | $81.0 | $78.3 | $81.0 | $200.00 | $121.5K | 0 | 30 |
| GEV | CALL | TRADE | BULLISH | 05/16/25 | $81.6 | $78.5 | $81.0 | $200.00 | $121.5K | 0 | 0 |
| GEV | CALL | TRADE | BULLISH | 12/20/24 | $14.0 | $11.6 | $13.5 | $290.00 | $75.6K | 1.8K | 56 |
| GEV | PUT | SWEEP | BULLISH | 04/17/25 | $17.9 | $17.3 | $17.3 | $230.00 | $43.2K | 35 | 26 |
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.
In light of the recent options history for GE Vernova, it’s now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of GE Vernova
- With a volume of 884,941, the price of GEV is down -0.23% at $265.99.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 13 days.
Unusual Options Activity Detected: Smart Money on the Move
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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 GE Vernova with Benzinga Pro for real-time alerts.
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