Market Whales and Their Recent Bets on General Motors Options
Financial institutions have recently made significant bullish investments in General Motors (NYSE: GM). An analysis of General Motors' options trading history revealed a total of 25 unusual trades.
Among these trades, we observed that 64% of the traders leaned bullish, while 32% expressed bearish sentiment. Of all the recorded trades, 12 were put options valued at $943,861, and 13 were call options totaling $1,231,696.
Price Target Analysis
Evaluating the trading volume and open interest, it's clear that key market players are targeting a price range for General Motors between $37.00 and $55.00 over the past three months.
Volume and Open Interest Insights
Currently, the average open interest for General Motors options is at 3,940.13, with total trading volume hitting 36,070.00. The following chart illustrates the changes in both call and put option volume and open interest for significant trades within the $37.00 to $55.00 strike price range in the last 30 days.
Recent Options Trades Overview
Symbol | PUT/CALL | Trade Type | Sentiment | Expiration Date | Ask | Bid | Transaction Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
GM | CALL | SWEEP | BULLISH | 07/18/25 | $3.60 | $3.55 | $3.55 | $48.00 | $407.8K | 0 | 1.1K |
GM | CALL | TRADE | BULLISH | 07/18/25 | $3.70 | $3.50 | $3.65 | $48.00 | $233.6K | 0 | 2.5K |
GM | PUT | TRADE | BULLISH | 01/16/26 | $2.14 | $2.04 | $2.04 | $37.00 | $163.4K | 15.4K | 3.5K |
GM | PUT | TRADE | BULLISH | 01/16/26 | $2.05 | $2.04 | $2.04 | $37.00 | $146.8K | 15.4K | 2.7K |
GM | CALL | SWEEP | BULLISH | 04/11/25 | $0.49 | $0.45 | $0.49 | $50.00 | $107.9K | 464 | 4.8K |
Overview of General Motors
General Motors Co. re-emerged from bankruptcy in July 2009 and now operates with eight brands under three segments: GM North America, GM International, and GM Financial. The U.S. market share for GM was regained in 2022 after a setback due to a chip shortage. The share for 2024 is projected to be 17.0%. The company also operates the Cruise autonomous vehicle division, formerly providing driverless taxi services, shifting its focus towards personal autonomous vehicles following a recent incident. GM Financial, established in 2010, acts as the company's finance arm.
With this market backdrop, it's essential to further analyze General Motors' current standing and performance.
Current Market Status of General Motors
- The latest trading volume for GM stands at 13,882,683, with the stock price up by 0.49% to reach $47.26.
- Current Relative Strength Index (RSI) suggests the stock might be nearing an overbought condition.
- The next earnings announcement is expected in 28 days.
Analyst Opinions on General Motors
Over the past month, two analysts have released stock ratings, resulting in an average target price of $50.5. An analyst from JP Morgan has maintained an Overweight rating for General Motors with a price target of $53. Meanwhile, Piper Sandler has a Neutral rating with a target of $48.
It's worth noting that trading options carries more risk compared to directly trading stocks, yet the profit potential is often higher. Experienced options traders recommend managing risks by regularly educating themselves, monitoring multiple indicators, and keeping a close watch on the market trends.
For those interested in real-time updates on options trading for General Motors, there are resources available online.
GM, Options, Trading