27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Financial giants have made a conspicuous bearish move on Generac Hldgs. Our analysis of options history for Generac Hldgs (NYSE:GNRC) revealed 20 unusual trades.
Delving into the details, we found 30% of traders were bullish, while 70% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $178,778, and 17 were calls, valued at $1,307,014.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $105.0 and $170.0 for Generac Hldgs, spanning the last three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Generac Hldgs options trades today is 102.33 with a total volume of 8,707.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Generac Hldgs's big money trades within a strike price range of $105.0 to $170.0 over the last 30 days.
Generac Hldgs Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GNRC | CALL | SWEEP | BEARISH | 01/17/25 | $17.9 | $17.8 | $17.8 | $155.00 | $334.6K | 69 | 221 |
| GNRC | CALL | TRADE | BEARISH | 01/17/25 | $44.0 | $42.6 | $43.1 | $105.00 | $172.4K | 167 | 40 |
| GNRC | CALL | SWEEP | BULLISH | 11/15/24 | $9.1 | $8.3 | $8.7 | $165.00 | $157.4K | 9 | 181 |
| GNRC | CALL | SWEEP | BULLISH | 05/17/24 | $7.2 | $7.1 | $7.1 | $145.00 | $107.2K | 270 | 2.3K |
| GNRC | CALL | SWEEP | BEARISH | 05/17/24 | $7.3 | $7.1 | $7.1 | $145.00 | $90.1K | 270 | 2.4K |
About Generac Hldgs
Generac designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.
In light of the recent options history for Generac Hldgs, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of Generac Hldgs
- Currently trading with a volume of 1,447,323, the GNRC's price is up by 0.65%, now at $129.1.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 27 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 Generac Hldgs, Benzinga Pro gives you real-time options trades alerts.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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