Financial giants have made a conspicuous bearish move on Goldman Sachs Gr. Our analysis of options history for Goldman Sachs Gr GS revealed 25 unusual trades.
Delving into the details, we found 48% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $258,175, and 20 were calls, valued at $919,186.
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 $500.0 for Goldman Sachs Gr over the recent three months.
Volume & Open Interest Trends
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 $500.0 over the preceding 30 days.
Goldman Sachs Gr Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| GS | CALL | SWEEP | BEARISH | 01/12/24 | $375.00 | $95.9K | 94 | 81 |
| GS | CALL | SWEEP | BULLISH | 01/19/24 | $390.00 | $89.2K | 1.7K | 1 |
| GS | PUT | TRADE | BEARISH | 01/05/24 | $380.00 | $82.5K | 184 | 150 |
| GS | CALL | TRADE | NEUTRAL | 01/19/24 | $300.00 | $80.1K | 1.5K | 0 |
| GS | PUT | TRADE | BULLISH | 01/05/24 | $382.50 | $66.1K | 6 | 138 |
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.
Present Market Standing of Goldman Sachs Gr
- With a trading volume of 746,919, the price of GS is down by -0.32%, reaching $375.18.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 28 days from now.
What Analysts Are Saying About Goldman Sachs Gr
1 market experts have recently issued ratings for this stock, with a consensus target price of $333.0.
- Consistent in their evaluation, an analyst from Morgan Stanley keeps a Equal-Weight rating on Goldman Sachs Gr with a target price of $333.
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.
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