Analyzing General Electric''s Unusual Options Activity On Wednesday, shares of General Electric (NYSE: GE ) saw unusual options activity. After the option alert, the stock price moved up to $13.34. Sentiment: BEARISH Option Type: TRADE Trade Type: CALL Expiration Date: 2021-09-17 Strike Price: $13.00 Volume: 1354 Open Interest: 66624 Three Ways Options Activity Is Unusual'' One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer). Another sign of unusual activity is Full story available on Benzinga.com