Bearish flow noted in GE Vernova (GEV) Inc with 2,002 puts trading, or 1.7x expected. Most active are 1/31 weekly 280 puts and 1/10 weekly 310 calls, with total volume in those strikes near 960 contracts. The Put/Call Ratio is 1.75, while ATM IV is up nearly 3 points on the day. Earnings are expected on January 22nd.
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Read More on GEV:
- GE Vernova Inc put volume heavy and directionally bearish
- GE Vernova price target raised to $391 from $348 at Jefferies
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- GE Vernova Declares First Dividend after Stock Rallies More than 150%
- Early notable gainers among liquid option names on December 11th
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