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 20 trades.
If we consider the specifics of each trade, it is accurate to state that 60% of the investors opened trades with bullish expectations and 35% with bearish.
From the overall spotted trades, 14 are puts, for a total amount of $879,540 and 6, calls, for a total amount of $609,710.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $530.0 to $650.0 for Goldman Sachs Gr over the recent three months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Goldman Sachs Gr stands at 215.25, with a total volume reaching 1,030.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Goldman Sachs Gr, situated within the strike price corridor from $530.0 to $650.0, throughout the last 30 days.
Goldman Sachs Gr Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GS | CALL | SWEEP | BULLISH | 01/03/25 | $8.35 | $7.85 | $8.35 | $585.00 | $208.7K | 26 | 251 |
| GS | CALL | SWEEP | BULLISH | 02/21/25 | $18.55 | $18.0 | $18.51 | $600.00 | $184.8K | 219 | 103 |
| GS | PUT | TRADE | BULLISH | 12/20/24 | $73.0 | $72.7 | $72.7 | $650.00 | $145.4K | 0 | 0 |
| GS | CALL | SWEEP | BULLISH | 04/17/25 | $28.25 | $27.85 | $28.25 | $600.00 | $107.3K | 300 | 42 |
| GS | PUT | SWEEP | BULLISH | 03/21/25 | $29.15 | $28.75 | $28.75 | $580.00 | $100.6K | 194 | 153 |
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.
Goldman Sachs Gr's Current Market Status
- With a volume of 437,583, the price of GS is up 0.12% at $575.38.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 28 days.
Expert Opinions on Goldman Sachs Gr
In the last month, 4 experts released ratings on this stock with an average target price of $607.25.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Keefe, Bruyette & Woods has decided to maintain their Outperform rating on Goldman Sachs Gr, which currently sits at a price target of $686. * In a cautious move, an analyst from HSBC downgraded its rating to Hold, setting a price target of $608. * Consistent in their evaluation, an analyst from Citigroup keeps a Neutral rating on Goldman Sachs Gr with a target price of $585. * An analyst from JP Morgan has decided to maintain their Overweight rating on Goldman Sachs Gr, which currently sits at a price target of $550.
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.
