Industrial conglomerateGeneral Electric (GE) has been on a tear, with shares doubling over the past year. One trader sees further gains ahead. That’s based on the June $160 calls. With 74 days until expiration, 23,168 contracts traded compared to a prior open interest of 104, for a massive 223-fold rise in volume on the trade. The buyer of the calls paid $3.80 to make the bullish bet. GE shares recently traded for about $147, so the stock would need to rise by $13, or about 8.8%, for the option to move in-the-money. Shares are already at a 52-week high, and trending higher. Operat...
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