Bullish option flow detected in General Motors (GM) with 16,190 calls trading, 1.0x expected, and implied vol increasing over 1 point to 34.77%. 3/7 weekly 52 calls and 3/7 weekly 49 puts are the most active options, with total volume in those strikes near 6,100 contracts. The Put/Call Ratio is 0.59. Earnings are expected on April 29th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GM:
- Charged: Morgan Stanely reinstates Tesla as ‘Top Pick’ in U.S. autos
- General Motors price target raised to $73 from $72 at Goldman Sachs
- Ford’ (NYSE:F) Lands Customer Loyalty Wins
- Amazon introduces Alexa+, GM announces $6B stock buyback: Morning Buzz
- Unusually active option classes on open February 26th