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 10 uncommon options trades for Goldman Sachs Gr.
This isn't normal.
The overall sentiment of these big-money traders is split between 20% bullish and 40%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $133,660, and 7 are calls, for a total amount of $249,717.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $300.0 to $700.0 for Goldman Sachs Gr over the recent three months.
Analyzing Volume & Open Interest
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 $300.0 to $700.0 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 | PUT | SWEEP | BEARISH | 02/21/25 | $28.25 | $27.5 | $27.95 | $600.00 | $50.6K | 116 | 16 |
| GS | PUT | TRADE | NEUTRAL | 03/21/25 | $33.3 | $32.65 | $32.95 | $600.00 | $49.4K | 504 | 15 |
| GS | CALL | TRADE | BULLISH | 01/16/26 | $58.75 | $58.65 | $58.75 | $620.00 | $47.0K | 338 | 8 |
| GS | CALL | TRADE | BEARISH | 01/16/26 | $31.15 | $30.35 | $30.65 | $700.00 | $45.9K | 551 | 15 |
| GS | CALL | TRADE | NEUTRAL | 07/18/25 | $91.75 | $90.0 | $90.88 | $525.00 | $36.3K | 0 | 4 |
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.
Current Position of Goldman Sachs Gr
- Currently trading with a volume of 527,739, the GS's price is down by -0.78%, now at $586.98.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 33 days.
What The Experts Say On Goldman Sachs Gr
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $621.8.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * In a cautious move, an analyst from HSBC downgraded its rating to Hold, setting a price target of $608. * An analyst from Citigroup persists with their Neutral rating on Goldman Sachs Gr, maintaining a target price of $585. * Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Goldman Sachs Gr, targeting a price of $550. * An analyst from Keefe, Bruyette & Woods has decided to maintain their Outperform rating on Goldman Sachs Gr, which currently sits at a price target of $686. * Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on Goldman Sachs Gr with a target price of $680.
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.
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