Financial giants have made a conspicuous bullish move on Goldman Sachs Gr. Our analysis of options history for Goldman Sachs Gr GS revealed 16 unusual trades.
Delving into the details, we found 62% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $277,376, and 9 were calls, valued at $673,747.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $300.0 to $500.0 for Goldman Sachs Gr over the last 3 months.
Volume & Open Interest Trends
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
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 activity within a strike price range from $300.0 to $500.0 in the last 30 days.
Goldman Sachs Gr Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| GS | CALL | TRADE | BEARISH | 12/20/24 | $340.00 | $138.6K | 0 | 24 |
| GS | CALL | SWEEP | BULLISH | 11/15/24 | $440.00 | $128.2K | 4 | 204 |
| GS | CALL | TRADE | BULLISH | 01/16/26 | $370.00 | $118.8K | 26 | 0 |
| GS | CALL | SWEEP | NEUTRAL | 06/21/24 | $350.00 | $114.4K | 883 | 32 |
| GS | PUT | SWEEP | BULLISH | 06/20/25 | $300.00 | $67.7K | 154 | 58 |
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.
Where Is Goldman Sachs Gr Standing Right Now?
- Currently trading with a volume of 736,459, the GS's price is down by -0.51%, now at $375.88.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 78 days.
Professional Analyst Ratings for Goldman Sachs Gr
In the last month, 5 experts released ratings on this stock with an average target price of $430.8.
- An analyst from JP Morgan has decided to maintain their Overweight rating on Goldman Sachs Gr, which currently sits at a price target of $421.
- An analyst from JMP Securities has revised its rating downward to Market Outperform, adjusting the price target to $440.
- Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Goldman Sachs Gr, targeting a price of $493.
- Consistent in their evaluation, an analyst from UBS keeps a Buy rating on Goldman Sachs Gr with a target price of $440.
- Consistent in their evaluation, an analyst from BMO Capital keeps a Market Perform rating on Goldman Sachs Gr with a target price of $360.
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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