Goldman Sachs Gr Unusual Options Activity For February 13

Financial giants have made a conspicuous bearish move on Goldman Sachs Gr. Our analysis of options history for Goldman Sachs Gr GS revealed 28 unusual trades.

Delving into the details, we found 32% of traders were bullish, while 67% showed bearish tendencies. Out of all the trades we spotted, 12 were puts, with a value of $459,768, and 16 were calls, valued at $766,874.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $310.0 to $410.0 for Goldman Sachs Gr over the last 3 months.

Volume & Open Interest Trends

In today's trading context, the average open interest for options of Goldman Sachs Gr stands at 1359.23, with a total volume reaching 9,354.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Goldman Sachs Gr, situated within the strike price corridor from $310.0 to $410.0, throughout the last 30 days.

Goldman Sachs Gr Option Activity Analysis: Last 30 Days

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
GS CALL SWEEP NEUTRAL 01/17/25 $380.00 $190.9K 1.0K 52
GS CALL TRADE BEARISH 06/21/24 $400.00 $122.0K 4.9K 166
GS PUT SWEEP BEARISH 02/23/24 $390.00 $58.7K 95 159
GS PUT SWEEP BEARISH 03/15/24 $380.00 $58.6K 1.6K 94
GS PUT SWEEP BEARISH 05/17/24 $390.00 $52.9K 154 34

About Goldman Sachs Gr

Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.

After a thorough review of the options trading surrounding Goldman Sachs Gr, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Goldman Sachs Gr's Current Market Status

  • Currently trading with a volume of 1,107,182, the GS's price is down by -3.09%, now at $380.5.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 63 days.

What The Experts Say On Goldman Sachs Gr

In the last month, 5 experts released ratings on this stock with an average target price of $449.2.

  • Showing optimism, an analyst from Morgan Stanley upgrades its rating to Overweight with a revised price target of $449.
  • An analyst from Oppenheimer has decided to maintain their Outperform rating on Goldman Sachs Gr, which currently sits at a price target of $506.
  • Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Goldman Sachs Gr with a target price of $491.
  • An analyst from BMO Capital has decided to maintain their Market Perform rating on Goldman Sachs Gr, which currently sits at a price target of $360.
  • An analyst from JMP Securities has revised its rating downward to Market Outperform, adjusting the price target to $440.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Goldman Sachs Gr options trades with real-time alerts from Benzinga Pro.

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Posted In: OptionsMarketsBZI-UOA
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