Bearish flow noted in General Motors (GM) with 7,866 puts trading, or 4x expected. Most active are Jan-27 60 puts and 3/13 weekly 80 puts, with total volume in those strikes near 4,900 contracts. The Put/Call Ratio is 4.80, while ATM IV is up over 3 points on the day. Earnings are expected on April 28th.
Claim 55% 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:
- The Week That Was, The Week Ahead: Macro and Markets, Mar. 1
- Aspen Aerogels price target lowered to $3 from $6 at Roth Capital
- Charged: Tesla unveils cheaper Cybertruck variant
- Trump Raises Global Tariff to 15% after Supreme Court Ruling, Adding Pressure on Tech and Auto Stocks
- Chevron, McDonald’s, Snap, GM & P&G Insider Shake-Up