This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
The Consumer Electronics Show (CES) in Las Vegas will be one of the most followed events of 2022 to kick off the year in the technology space. The show may come in with a lower impact than originally forecasted, with many companies opting out of the in-person event and doing virtual presentations instead.
Electric vehicle prices could further rise in 2022 as the supply of lithium carbonate, a key ingredient in battery making, struggles to keep up with the sharp rise in demand.
Someone with a lot of money to spend has taken a bullish stance on General Motors (NYSE:GM).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
A whale with a lot of money to spend has taken a noticeably bearish stance on General Motors.
Looking at options history for General Motors (NYSE:GM) we detected 18 strange trades.
BofA analyst John Murphy sees U.S. light-vehicle sales down ~20% year-over-year in December on a selling day adjusted basis yielding a seasonally adjusted annualized rate of 12.9 million vehicles.
Murphy said that the expected weak performance reflects depressed sales due to the ongoing supply shock.
Tesla Inc (NASDAQ: TSLA) is heading into an inflection point next year as it looks to double production capacity to about 2 million units annually with the opening of two new Giga factories by the end of 2022.