Financial giants have made a conspicuous bearish move on GE Aero. Our analysis of options history for GE Aero (NYSE:GE) revealed 24 unusual trades.

Delving into the details, we found 33% of traders were bullish, while 58% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $214,808, and 19 were calls, valued at $1,154,257.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $155.0 to $230.0 for GE Aero over the recent three months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for GE Aero options trades today is 2505.5 with a total volume of 5,246.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for GE Aero's big money trades within a strike price range of $155.0 to $230.0 over the last 30 days.

GE Aero Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

About GE Aero

After a thorough review of the options trading surrounding GE Aero, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is GE Aero Standing Right Now?

• Trading volume stands at 2,902,187, with GE's price up by 0.87%, positioned at $192.22.
• RSI indicators show the stock to be may be approaching overbought.
• Earnings announcement expected in 6 days.

Professional Analyst Ratings for GE Aero

A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $222.0.

Unusual Options Activity Detected: Smart Money on the Move

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 GE Aero options trades with real-time alerts from Benzinga Pro.