Whales with a lot of money to spend have taken a noticeably bullish stance on General Dynamics.
Looking at options history for General Dynamics GD we detected 13 trades.
If we consider the specifics of each trade, it is accurate to state that 61% of the investors opened trades with bullish expectations and 38% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $191,100 and 9, calls, for a total amount of $424,740.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $300.0 to $320.0 for General Dynamics over the recent three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for General Dynamics's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of General Dynamics's whale activity within a strike price range from $300.0 to $320.0 in the last 30 days.
General Dynamics Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GD | PUT | SWEEP | BULLISH | 01/16/26 | $30.3 | $28.5 | $28.5 | $300.00 | $79.8K | 32 | 28 |
| GD | CALL | SWEEP | BULLISH | 08/16/24 | $10.3 | $10.2 | $10.2 | $300.00 | $65.2K | 2.4K | 81 |
| GD | CALL | SWEEP | BULLISH | 08/16/24 | $10.6 | $10.4 | $10.6 | $300.00 | $62.5K | 2.4K | 309 |
| GD | CALL | SWEEP | BEARISH | 08/16/24 | $10.9 | $10.5 | $10.8 | $300.00 | $61.5K | 2.4K | 466 |
| GD | CALL | SWEEP | BULLISH | 08/16/24 | $4.7 | $4.6 | $4.7 | $320.00 | $56.8K | 252 | 121 |
About General Dynamics
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technology. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment builds and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.
In light of the recent options history for General Dynamics, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is General Dynamics Standing Right Now?
- Trading volume stands at 419,302, with GD's price up by 0.31%, positioned at $288.4.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 12 days.
What The Experts Say On General Dynamics
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $326.6666666666667.
- Consistent in their evaluation, an analyst from RBC Capital keeps a Outperform rating on General Dynamics with a target price of $325.
- An analyst from Susquehanna persists with their Positive rating on General Dynamics, maintaining a target price of $333.
- An analyst from Wells Fargo persists with their Overweight rating on General Dynamics, maintaining a target price of $322.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest General Dynamics options trades with real-time alerts from Benzinga Pro.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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