Update on GE (Unusual Options Activity)

On January 31 we put out a post on “Unusual Options Activity” in GE (General Electric).  While there are many possible reasons for a fund putting on this size (sometimes just to hedge a long book), this was abnormal – which is why we flagged it.  Someone was worried about GE’s short term prospects and they were correct.  GE is down ~19.57% since Feb 25.  Here is the initial post:

Unusual Options Activity