Whales with a lot of money to spend have taken a noticeably bullish stance on Goldman Sachs Gr.
Looking at options history for Goldman Sachs Gr GS we detected 34 trades.
If we consider the specifics of each trade, it is accurate to state that 70% of the investors opened trades with bullish expectations and 29% with bearish.
From the overall spotted trades, 7 are puts, for a total amount of $332,634 and 27, calls, for a total amount of $2,550,165.
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 $320.0 and $390.0 for Goldman Sachs Gr, spanning the last three months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Goldman Sachs Gr's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Goldman Sachs Gr's whale trades within a strike price range from $320.0 to $390.0 in the last 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 | 01/17/25 | $350.00 | $314.4K | 1.3K | 166 |
| GS | CALL | SWEEP | BULLISH | 12/19/25 | $360.00 | $274.4K | 345 | 62 |
| GS | CALL | SWEEP | BULLISH | 12/19/25 | $360.00 | $264.6K | 345 | 250 |
| GS | CALL | SWEEP | BULLISH | 12/19/25 | $360.00 | $166.6K | 345 | 284 |
| GS | CALL | SWEEP | BULLISH | 12/19/25 | $360.00 | $156.8K | 345 | 70 |
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.
After a thorough review of the options trading surrounding Goldman Sachs Gr, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Goldman Sachs Gr Standing Right Now?
- With a volume of 468,498, the price of GS is up 0.18% at $352.4.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 35 days.
What Analysts Are Saying About Goldman Sachs Gr
2 market experts have recently issued ratings for this stock, with a consensus target price of $400.5.
- Maintaining their stance, an analyst from Morgan Stanley continues to hold a Equal-Weight rating for Goldman Sachs Gr, targeting a price of $333.
- An analyst from Oppenheimer persists with their Outperform rating on Goldman Sachs Gr, maintaining a target price of $468.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Goldman Sachs Gr with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
