Whales with a lot of money to spend have taken a noticeably bullish stance on Barrick Gold.

Looking at options history for Barrick Gold (NYSE:GOLD) we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 62% of the investors opened trades with bullish expectations and 25% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $243,711 and 6, calls, for a total amount of $502,530.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $17.0 to $27.0 for Barrick Gold during the past quarter.

Volume & Open Interest Development

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 Barrick Gold'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 Barrick Gold's whale activity within a strike price range from $17.0 to $27.0 in the last 30 days.

Barrick Gold 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

About Barrick Gold

In light of the recent options history for Barrick Gold, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Barrick Gold's Current Market Status

• With a volume of 9,500,923, the price of GOLD is up 0.47% at $19.25.
• RSI indicators hint that the underlying stock may be approaching overbought.
• Next earnings are expected to be released in 77 days.

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 Barrick Gold, Benzinga Pro gives you real-time options trades alerts.