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

Looking at options history for Barrick Gold (NYSE:GOLD) we detected 16 trades.

If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 56% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $205,502 and 14, calls, for a total amount of $986,404.

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 $25.0 for Barrick Gold during the past quarter.

Insights into Volume & Open Interest

In today's trading context, the average open interest for options of Barrick Gold stands at 7726.86, with a total volume reaching 11,492.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Barrick Gold, situated within the strike price corridor from $17.0 to $25.0, throughout the last 30 days.

Barrick Gold 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

About Barrick Gold

Following our analysis of the options activities associated with Barrick Gold, we pivot to a closer look at the company's own performance.

Present Market Standing of Barrick Gold

• With a trading volume of 12,350,056, the price of GOLD is down by 0.0%, reaching $19.33.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 42 days from now.

Expert Opinions on Barrick Gold

In the last month, 2 experts released ratings on this stock with an average target price of $21.0.

Unusual Options Activity Detected: Smart Money on the Move

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