Bearish flow noted in General Motors (GM) with 15,113 puts trading, or 1.8x expected. Most active are 4/11 weekly 44 puts and 4/25 weekly 45 puts, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 3.43, while ATM IV is up over 5 points on the day. Earnings are expected on April 29th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GM:
- Roblox upgraded, GM downgraded: Wall Street’s top analyst calls
- Markets Settle While Ford (F) Stock Emerges as Trump-Tariff Beneficiary
- General Motors price target lowered to $55 from $63 at Mizuho
- General Motors price target lowered to $63 from $73 at Goldman Sachs
- Auto tariffs will raise the cost of owning a car, WSJ says