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GEO Group: Bullish Options Activity Sparks Investor Interest

GEO Group captures attention with unusual bullish options activity. Investors are watching closely as significant movements indicate potential market developments.

Date: 
AI Rating:   6

**Analysis of GEO Group's Stock Activity**

The options trading activity for GEO Group (NYSE:GEO) reflects a notable interest among investors despite its price decline of 2.01% to $28.48. The current market sentiment shows a divide among large investors, with a higher volume of bullish trades compared to bearish ones, suggesting optimism about the company's near-term performance.

The data indicates a significant movement in open interest, with mean open interest reported at 4027.43 and total volume at 4,179.00, signifying strong trader engagement. The analysis of call and put options reveals that 60% of the trades are bullish while 40% are bearish. A critical observation is the large amounts associated with these trades — total amounts for calls reach approximately $698,101 versus $106,398 for puts, further enhancing the bullish sentiment.

Although there has been a decline in stock price, the analysis suggests that traders are still speculating on the upward potential, as evidenced by recent rating adjustments from analysts. Experts maintain a Buy rating for GEO Group with a consistent target price of $55. Such optimism from analysts reinforces positive investor sentiment.

Stocks:  GEO