Stocks

GE Vernova Unusual Options Activity for January 14

Published January 14, 2025

Recently, there has been notable bullish activity surrounding GE Vernova (NYSE: GEV), indicating significant investor interest.

This trend was evidenced by unusual options trading activity tracked by multiple sources.

The exact identity of these investors—whether institutional or wealthy individuals—remains unclear. However, when substantial trading occurs with GEV, it often signals that informed investors anticipate potential developments.

Today, an options scanner highlighted a remarkable 57 unusual options trades related to GE Vernova. This level of trading is not typical.

The overall sentiment among these high-value traders is somewhat mixed, with 42% reflecting bullish positions and 36% adopting bearish strategies. In summary, out of all the notable options trades observed, 9 were put options, amounting to $476,015, while 48 were call options, totaling $3,536,323.

Projected Price Targets

Analyzing the volume and open interest corresponding to these contracts suggests that significant investors have been targeting a price range from $250.00 to $440.00 for GE Vernova over the past three months.

Insights into Volume & Open Interest

Reviewing volume and open interest presents valuable insights when assessing stock activity. This information allows investors to track the liquidity and interest associated with GEV's options at specified strike prices.

Below is a summary of the volume and open interest surrounding calls and puts related to GE Vernova within the same price range over the last 30 days.

GE Vernova 30-Day Option Volume & Interest Snapshot

Highlights of Options Activity:

SymbolPUT/CALLTrade TypeSentimentExpiration DateAskBidPriceStrike PriceTotal Trade PriceOpen InterestVolume
GEVCALLSWEEPBULLISH04/17/25$31.3$29.8$31.29$410.00$406.8K83131
GEVCALLTRADENEUTRAL04/17/25$35.5$33.6$34.55$400.00$345.4K307332
GEVCALLSWEEPBULLISH04/17/25$34.8$33.6$34.78$400.00$208.7K307232
GEVCALLSWEEPBEARISH01/16/26$63.1$60.5$61.25$440.00$208.3K534
GEVCALLTRADEBEARISH04/17/25$36.1$34.8$34.8$400.00$139.2K307132

About GE Vernova

GE Vernova stands as a leading player in the electric power industry, providing a range of products and services aimed at generating, transmitting, converting, and storing electricity. The company operates through three main segments: power, wind, and electrification. The power segment includes gas, nuclear, hydroelectric, and steam technologies for dispatchable power generation. Meanwhile, the wind segment offers technologies for both onshore and offshore wind turbines, along with their associated blades. The electrification segment delivers solutions for grid management, power conversion, and essential technologies required for the effective transmission and storage of electrical energy.

Current Standing of GE Vernova

  • GE Vernova's stock (GEV) currently has a trading volume of 1,690,627, with its price increased by 5.11% to reach $385.56.
  • Relative Strength Index (RSI) indicators suggest that the stock may be in an overbought state.
  • The next earnings release for GE Vernova is anticipated within eight days.

Expert Insights on GE Vernova

Recently, two analysts have shared their perspectives on GE Vernova, resulting in a consensus average price target of $394.5.

An analyst from JP Morgan has assigned an Overweight rating to GE Vernova, projecting a target price of $374, while another analyst from B of A Securities maintains a Buy rating with a target price of $415.

Options trading inherently involves higher risk compared to stock trading, but it also offers greater profit potential. Experienced options traders often manage their risk by staying informed, adjusting their trade sizes, utilizing multiple indicators, and closely monitoring market trends.

For real-time updates on the latest options trading activities related to GE Vernova, many platforms offer alerts and tracking features that might be beneficial.

investment, trading, options