someone with a lot of money to spend has taken a bullish stance on general motors 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 whether this is an institution or just a wealthy individual we dont know but when something this big happens with gm it often means somebody knows something is about to happen so how do we know what this whale just did the overall sentiment of these bigmoney traders is split between 56 bullish and 43 bearish out of all of the special options we uncovered 6 are puts for a total amount of 1024656 and 17 are calls for a total amount of 1357253 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 370 to 450 for general motors over the last 3 months in terms of liquidity and interest the mean open interest for general motors options trades today is 686591 with a total volume of 3308800 in the following chart we are able to follow the development of volume and open interest of call and put options for general motorss big money trades within a strike price range of 370 to 450 over the last 30 days general motors option volume and open interest over last 30 days where is general motors standing right now   with a volume of 4374895 the price of gm is up 201 at 4077   rsi indicators hint that the underlying stock may be overbought   next earnings are expected to be released in 13 days what the experts say on general motors   jefferies has decided to maintain their hold rating on general motors which currently sits at a price target of 39   morgan stanley has decided to maintain their overweight rating on general motors which currently sits at a price target of 41   citigroup has decided to maintain their buy rating on general motors which currently sits at a price target of 89   barclays has decided to maintain their equalweight rating on general motors which currently sits at a price target of 46   wells fargo has decided to maintain their underweight rating on general motors which currently sits at a price target of 32 options are a riskier asset compared to just trading the stock but they have higher profit potential serious options traders manage this risk by educating themselves daily scaling in and out of trades following more than one indicator and following the markets closely if you want to stay updated on the latest options trades for general motors benzinga pro gives you realtime options trades alerts