Investors with a lot of money to spend have taken a bearish stance on Goldman Sachs Gr GS.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with GS, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 18 uncommon options trades for Goldman Sachs Gr.
This isn't normal.
The overall sentiment of these big-money traders is split between 22% bullish and 50%, bearish.
Out of all of the special options we uncovered, 5 are puts, for a total amount of $249,455, and 13 are calls, for a total amount of $507,672.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $150.0 to $500.0 for Goldman Sachs Gr during the past quarter.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Goldman Sachs Gr's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Goldman Sachs Gr's whale trades within a strike price range from $150.0 to $500.0 in the last 30 days.
Goldman Sachs Gr Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GS | PUT | TRADE | BEARISH | 12/18/26 | $45.0 | $43.9 | $45.0 | $415.00 | $90.0K | 100 | 20 |
| GS | CALL | SWEEP | BEARISH | 01/16/26 | $68.6 | $65.0 | $66.7 | $440.00 | $66.7K | 136 | 15 |
| GS | CALL | TRADE | NEUTRAL | 01/17/25 | $43.65 | $43.2 | $43.4 | $440.00 | $65.1K | 798 | 5 |
| GS | CALL | SWEEP | BEARISH | 06/21/24 | $12.75 | $12.6 | $12.6 | $445.00 | $50.4K | 692 | 51 |
| GS | PUT | TRADE | BEARISH | 12/18/26 | $44.95 | $42.45 | $44.95 | $415.00 | $44.9K | 100 | 50 |
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.
In light of the recent options history for Goldman Sachs Gr, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Goldman Sachs Gr's Current Market Status
- With a volume of 561,158, the price of GS is up 0.28% at $444.9.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 71 days.
Expert Opinions on Goldman Sachs Gr
In the last month, 5 experts released ratings on this stock with an average target price of $453.2.
- Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Goldman Sachs Gr with a target price of $440.
- Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Goldman Sachs Gr with a target price of $517.
- Maintaining their stance, an analyst from Oppenheimer continues to hold a Outperform rating for Goldman Sachs Gr, targeting a price of $479.
- Maintaining their stance, an analyst from HSBC continues to hold a Buy rating for Goldman Sachs Gr, targeting a price of $470.
- An analyst from BMO Capital persists with their Market Perform rating on Goldman Sachs Gr, maintaining a target price of $360.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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