Financial giants have made a conspicuous bullish move on Goldman Sachs Gr. Our analysis of options history for Goldman Sachs Gr GS revealed 17 unusual trades.
Delving into the details, we found 58% of traders were bullish, while 41% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $449,321, and 12 were calls, valued at $616,872.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $200.0 to $405.0 for Goldman Sachs Gr over the last 3 months.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Goldman Sachs Gr stands at 1123.87, with a total volume reaching 1,065.00. 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 $200.0 to $405.0, throughout the last 30 days.
Goldman Sachs Gr Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| GS | PUT | TRADE | BULLISH | 07/19/24 | $375.00 | $211.5K | 12 | 100 |
| GS | PUT | TRADE | NEUTRAL | 01/19/24 | $377.50 | $129.0K | 1.2K | 409 |
| GS | CALL | TRADE | BULLISH | 01/19/24 | $200.00 | $88.2K | 12 | 5 |
| GS | CALL | SWEEP | BULLISH | 01/19/24 | $360.00 | $75.6K | 2.4K | 26 |
| GS | CALL | SWEEP | BULLISH | 07/19/24 | $405.00 | $68.3K | 20 | 149 |
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 volume of 576,466, the price of GS is up 0.28% at $377.95.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 88 days.
Expert Opinions on Goldman Sachs Gr
In the last month, 5 experts released ratings on this stock with an average target price of $441.0.
- An analyst from JMP Securities has revised its rating downward to Market Outperform, adjusting the price target to $440.
- An analyst from Oppenheimer persists with their Outperform rating on Goldman Sachs Gr, maintaining a target price of $491.
- Consistent in their evaluation, an analyst from BMO Capital keeps a Market Perform rating on Goldman Sachs Gr with a target price of $360.
- An analyst from Barclays persists with their Overweight rating on Goldman Sachs Gr, maintaining a target price of $493.
- 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.
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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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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