Goldman Sachs Gr Unusual Options Activity For February 22

Investors with a lot of money to spend have taken a bearish stance on Goldman Sachs Gr GS.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with GS, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 14 uncommon options trades for Goldman Sachs Gr.

This isn't normal.

The overall sentiment of these big-money traders is split between 35% bullish and 64%, bearish.

Out of all of the special options we uncovered, 4 are puts, for a total amount of $183,875, and 10 are calls, for a total amount of $577,056.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $355.0 to $440.0 for Goldman Sachs Gr over the recent three months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Goldman Sachs Gr options trades today is 1142.7 with a total volume of 8,042.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Goldman Sachs Gr's big money trades within a strike price range of $355.0 to $440.0 over the last 30 days.

Goldman Sachs Gr 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

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

• Currently trading with a volume of 507,161, the GS's price is up by 0.19%, now at $389.0.
• RSI readings suggest the stock is currently may be approaching overbought.
• Anticipated earnings release is in 54 days.

Professional Analyst Ratings for Goldman Sachs Gr

A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $477.5.

• Maintaining their stance, an analyst from Oppenheimer continues to hold a Outperform rating for Goldman Sachs Gr, targeting a price of $506.
• Showing optimism, an analyst from Morgan Stanley upgrades its rating to Overweight with a revised price target of $449.

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.