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 11 trades.
If we consider the specifics of each trade, it is accurate to state that 54% of the investors opened trades with bullish expectations and 45% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $188,667 and 5, calls, for a total amount of $188,519.
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 $340.0 to $440.0 for Goldman Sachs Gr over the last 3 months.
Insights into Volume & Open Interest
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 $340.0 to $440.0 in the last 30 days.
Goldman Sachs Gr Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| GS | CALL | SWEEP | BEARISH | 02/16/24 | $400.00 | $56.5K | 3.0K | 640 |
| GS | CALL | SWEEP | BULLISH | 01/17/25 | $440.00 | $41.7K | 542 | 25 |
| GS | PUT | TRADE | BEARISH | 04/19/24 | $380.00 | $40.1K | 620 | 45 |
| GS | PUT | SWEEP | BULLISH | 01/17/25 | $340.00 | $34.4K | 1.5K | 21 |
| GS | PUT | TRADE | BEARISH | 02/23/24 | $392.50 | $33.3K | 9 | 43 |
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?
- Trading volume stands at 380,309, with GS's price down by -0.03%, positioned at $382.89.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 70 days.
Expert Opinions on Goldman Sachs Gr
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $451.2.
- Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Goldman Sachs Gr with a target price of $506.
- An analyst from JMP Securities downgraded its action to Market Outperform with a price target of $440.
- An analyst from UBS persists with their Buy rating on Goldman Sachs Gr, maintaining a target price of $440.
- In a positive move, an analyst from Morgan Stanley has upgraded their rating to Overweight and adjusted the price target to $449.
- Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Goldman Sachs Gr, targeting a price of $421.
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.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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