From Nasdaq: 2024-05-16 14:04:47

Investors are bearish on GE Vernova (NYSE: GEV), sparking interest in retail traders. Benzinga’s options data reveal significant activity in GEV, hinting at potentially privileged information. 11 options trades for GE Vernova were spotted, with sentiments split between bullish and bearish. The major market movers are eyeing a price band of $165.0 to $175.0 for GE Vernova.

Options trading activity analysis for GE Vernova in the last 30 days shows significant trades with varying sentiments and trade types, with call options dominating. GE Vernova is a key player in the electric power industry, offering products and services that generate, transfer, and store electricity. The company is divided into power, wind, and electrification segments. GEV stock price is down -0.05% at $167.78 with RSI indicators suggesting it may be overbought. Five experts have provided ratings on GE Vernova with an average target price of $164.2. Investment analysts have recently downgraded ratings on GE Vernova with revised price targets. Trading options on GE Vernova can be lucrative but risky, requiring ongoing education and market awareness for favorable outcomes. Stay updated on the latest options trades for GE Vernova with Benzinga Pro for real-time alerts.

Read more at Nasdaq: This Is What Whales Are Betting On GE Vernova