What the Options Market Tells Us About Generac Hldgs

Investors with a lot of money to spend have taken a bullish stance on Generac Hldgs GNRC.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with GNRC, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 10 uncommon options trades for Generac Hldgs.

This isn't normal.

The overall sentiment of these big-money traders is split between 80% bullish and 20%, bearish.

Out of all of the special options we uncovered, 8 are puts, for a total amount of $371,970, and 2 are calls, for a total amount of $54,320.

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What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $85.0 to $155.0 for Generac Hldgs over the recent three months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Generac Hldgs's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Generac Hldgs's significant trades, within a strike price range of $85.0 to $155.0, over the past month.

Generac Hldgs Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

About Generac Hldgs

Generac Power Systems 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.

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

Present Market Standing of Generac Hldgs

• With a volume of 376,964, the price of GNRC is down -0.04% at $113.43.
• RSI indicators hint that the underlying stock may be overbought.
• Next earnings are expected to be released in 89 days.

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 Generac Hldgs options trades with real-time alerts from Benzinga Pro.