Looking At Goldman Sachs Gr's Recent Unusual Options Activity

Deep-pocketed investors have adopted a bullish approach towards Goldman Sachs Gr GS, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GS usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 24 extraordinary options activities for Goldman Sachs Gr. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 50% leaning bullish and 29% bearish. Among these notable options, 18 are puts, totaling $2,114,391, and 6 are calls, amounting to $297,825.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $360.0 to $585.0 for Goldman Sachs Gr over the recent three months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Goldman Sachs Gr's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Goldman Sachs Gr's significant trades, within a strike price range of $360.0 to $585.0, over the past month.

Goldman Sachs Gr Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

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.

Following our analysis of the options activities associated with Goldman Sachs Gr, we pivot to a closer look at the company's own performance.

Goldman Sachs Gr's Current Market Status

• With a trading volume of 534,769, the price of GS is up by 1.7%, reaching $572.5.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 1 days from now.

What Analysts Are Saying About Goldman Sachs Gr

Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $654.0.

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. * Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Goldman Sachs Gr with a target price of $639. * An analyst from Barclays has decided to maintain their Overweight rating on Goldman Sachs Gr, which currently sits at a price target of $713. * An analyst from UBS has revised its rating downward to Neutral, adjusting the price target to $610.

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.