Market Overview

Mike Khouw Sees Unusual Options Activity In General Electric

Related GE
TerraForm Power's Q2 Print Energizes Oppenheimer
Q2 13F Roundup: How Buffett, Einhorn, Loeb And Others Adjusted Their Portfolio
GE's Lost Habitual Vision Of Greatness (Seeking Alpha)

On CNBC's "Options Action", Mike Khouw spoke about high options activity in General Electric Company (NYSE: GE). Call options volume was twice the put options volume on Thursday and there was one trade that caught Khouw's attention.

He noticed that almost 3,000 contracts of the January 2019, 20 strike calls were traded for 15 cents. The traders who purchased these calls expect that the stock is going to trade above $20.15 at the January expiration.

Posted-In: CNBC Mike Khouw Options ActionOptions Markets Media


Related Articles (GE)

View Comments and Join the Discussion!

Alibaba, Disney, Foot Locker, Lennar: 'Fast Money' Picks For May 25

Jim Cramer Advises His Viewers On China Mobile, Align Technology And AbbVie