Aug. 17 at 9:17 PM
Big move on
$GE today
Spotted a massive 10.4k-contract Dec 18
$340 put golden sweep at the ask on InsiderFinance
We're talking
$14.8M premium with about 65x open interest
Serious downside hedging into year-end, not just a clean directional bet
All of GEโs options flow today shows 90% of
$17.9M premium in puts
Heavy institutional positioning for medium-term downside insurance, not just short-term plays
Watch if more puts build at 340 for confirmation
Interesting timing too
GE Aerospace just raised 2026 guidance but the stock's flat over 1D and 5D
Looks like cautious hedging against a bullish backdrop, not an outright bearish stance