The Dow turned 125 in May, but it’s hardly in a retiring mood. The oft-cited stock index originated during a time when smokestacks and slaughterhouses dominated the American economy, but today’s Dow very much reflects our digital age. Plus, everyone knows what it is and what it stands for, said Jamie Farmer, chief commercial officer with S&P Dow Jones Indices.
Shares of companies in the broader industrial space, including General Electric Company (NYSE: GE), are trading higher amid overall market strength as stocks rebound after dipping Monday on Delta variant concerns.
This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.
Shares of companies in the broader industrial space, including General Electric Company (NYSE: GE), are trading lower Monday morning as renewed COVID-19 concerns weigh on the economic recovery outlook.
Shares of General Electric (NYSE:GE) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved up to $12.79.