Whales with a lot of money to spend have taken a noticeably bullish stance on General Motors.

Looking at options history for General Motors (NYSE:GM) we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 25% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $93,445 and 6, calls, for a total amount of $453,375.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $38.0 to $52.5 for General Motors during the past quarter.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of General Motors stands at 1948.0, with a total volume reaching 6,072.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in General Motors, situated within the strike price corridor from $38.0 to $52.5, throughout the last 30 days.

General Motors Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

About General Motors

Following our analysis of the options activities associated with General Motors, we pivot to a closer look at the company's own performance.

Present Market Standing of General Motors

• With a volume of 5,819,104, the price of GM is up 1.43% at $46.47.
• RSI indicators hint that the underlying stock may be approaching oversold.
• Next earnings are expected to be released in 25 days.

What The Experts Say On General Motors

Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $45.25.

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