Whales with a lot of money to spend have taken a noticeably bearish stance on Goldman Sachs Gr.
Looking at options history for Goldman Sachs Gr GS we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $99,174 and 5, calls, for a total amount of $366,951.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $420.0 to $550.0 for Goldman Sachs Gr over the last 3 months.
Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Goldman Sachs Gr's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Goldman Sachs Gr's substantial trades, within a strike price spectrum from $420.0 to $550.0 over the preceding 30 days.
Goldman Sachs Gr Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GS | CALL | SWEEP | BEARISH | 07/19/24 | $5.1 | $4.85 | $4.91 | $465.00 | $184.2K | 2.2K | 1 |
| GS | CALL | SWEEP | BEARISH | 07/26/24 | $16.6 | $16.4 | $16.4 | $440.00 | $62.3K | 0 | 0 |
| GS | CALL | TRADE | BULLISH | 01/17/25 | $47.85 | $47.4 | $47.85 | $420.00 | $47.8K | 773 | 1 |
| GS | PUT | SWEEP | BEARISH | 06/14/24 | $28.45 | $22.55 | $27.0 | $467.50 | $43.2K | 10 | 10 |
| GS | CALL | TRADE | BULLISH | 09/20/24 | $12.8 | $12.6 | $12.8 | $460.00 | $39.6K | 439 | 2 |
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
- With a volume of 249,347, the price of GS is down -1.5% at $439.66.
- RSI indicators hint that the underlying stock may be approaching oversold.
- Next earnings are expected to be released in 31 days.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Goldman Sachs Gr with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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