Decoding Goldman Sachs Gr's Options Activity: What's the Big Picture?

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 25 uncommon options trades for Goldman Sachs Gr.

This isn't normal.

The overall sentiment of these big-money traders is split between 32% bullish and 68%, bearish.

Out of all of the special options we uncovered, 10 are puts, for a total amount of $470,564, and 15 are calls, for a total amount of $776,271.

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 $260.0 to $420.0 for Goldman Sachs Gr over the last 3 months.

Insights into 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 $260.0 to $420.0 over the preceding 30 days.

Goldman Sachs Gr Option Activity Analysis: Last 30 Days

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 volume of 719,736, the price of GS is up 0.25% at $342.61.
• RSI indicators hint that the underlying stock may be approaching overbought.
• Next earnings are expected to be released in 41 days.

What The Experts Say On Goldman Sachs Gr

Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $400.5.

• An analyst from Morgan Stanley persists with their Equal-Weight rating on Goldman Sachs Gr, maintaining a target price of $333.
• Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Goldman Sachs Gr with a target price 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.