Financial giants have made a conspicuous bullish move on Goldman Sachs Gr. Our analysis of options history for Goldman Sachs Gr GS revealed 17 unusual trades.
Delving into the details, we found 58% of traders were bullish, while 41% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $93,235, and 14 were calls, valued at $653,273.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $300.0 and $380.0 for Goldman Sachs Gr, spanning the last three months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Goldman Sachs Gr stands at 1288.83, with a total volume reaching 5,756.00. 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 $300.0 to $380.0, throughout the last 30 days.
Goldman Sachs Gr Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| GS | CALL | TRADE | BEARISH | 01/19/24 | $340.00 | $71.5K | 7.2K | 123 |
| GS | CALL | SWEEP | BULLISH | 01/19/24 | $340.00 | $67.6K | 7.2K | 125 |
| GS | CALL | SWEEP | BULLISH | 04/19/24 | $380.00 | $65.5K | 237 | 100 |
| GS | CALL | SWEEP | NEUTRAL | 12/15/23 | $340.00 | $61.0K | 1.1K | 105 |
| GS | CALL | TRADE | BULLISH | 12/01/23 | $345.00 | $59.8K | 2.0K | 1.6K |
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.
Where Is Goldman Sachs Gr Standing Right Now?
- With a trading volume of 483,427, the price of GS is up by 1.04%, reaching $343.79.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 47 days from now.
What The Experts Say On Goldman Sachs Gr
1 market experts have recently issued ratings for this stock, with a consensus target price of $468.0.
- An analyst from Oppenheimer has decided to maintain their Outperform rating on Goldman Sachs Gr, which currently sits at a price target of $468.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Goldman Sachs Gr, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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