Whales with a lot of money to spend have taken a noticeably bearish stance on Goldman Sachs Gr.
Looking at options history for Goldman Sachs Gr GS we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 55% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $151,412 and 7, calls, for a total amount of $309,900.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $370.0 and $420.0 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 $370.0 to $420.0 in the last 30 days.
Goldman Sachs Gr Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| GS | PUT | SWEEP | NEUTRAL | 03/15/24 | $410.00 | $119.8K | 147 | 70 |
| GS | CALL | TRADE | BULLISH | 03/28/24 | $370.00 | $58.4K | 33 | 0 |
| GS | CALL | SWEEP | BEARISH | 03/15/24 | $380.00 | $53.9K | 1.1K | 53 |
| GS | CALL | SWEEP | BEARISH | 03/28/24 | $420.00 | $50.1K | 302 | 300 |
| GS | CALL | TRADE | BEARISH | 04/19/24 | $405.00 | $48.0K | 554 | 50 |
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.
Having examined the options trading patterns of Goldman Sachs Gr, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of Goldman Sachs Gr
- With a trading volume of 198,375, the price of GS is up by 0.51%, reaching $395.17.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 47 days from now.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
