Check Out What Whales Are Doing With Goldman Sachs Group

Check Out What Whales Are Doing With Goldman Sachs Group

A whale with a lot of money to spend has taken a noticeably bearish stance on Goldman Sachs Group.

Looking at options history for Goldman Sachs Group GS we detected 26 strange trades.

If we consider the specifics of each trade, it is accurate to state that 19% of the investors opened trades with bullish expectations and 80% with bearish.

From the overall spotted trades, 21 are puts, for a total amount of $1,133,044 and 5, calls, for a total amount of $160,880.

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 $270.0 to $420.0 for Goldman Sachs Group over the last 3 months.

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 Goldman Sachs Group'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 Group's whale activity within a strike price range from $270.0 to $420.0 in the last 30 days.

Goldman Sachs Group Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
GS PUT SWEEP BEARISH 06/17/22 $300.00 $178.6K 5.3K 1.7K
GS PUT SWEEP BEARISH 06/17/22 $300.00 $147.4K 5.3K 3.2K
GS PUT SWEEP BEARISH 06/17/22 $300.00 $115.7K 5.3K 2.1K
GS PUT TRADE BEARISH 06/17/22 $380.00 $75.9K 260 50
GS PUT TRADE BEARISH 06/17/22 $380.00 $50.6K 260 30

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
GS PUT SWEEP BEARISH 06/17/22 $300.00 $178.6K 5.3K 1.7K
GS PUT SWEEP BEARISH 06/17/22 $300.00 $147.4K 5.3K 3.2K
GS PUT SWEEP BEARISH 06/17/22 $300.00 $115.7K 5.3K 2.1K
GS PUT TRADE BEARISH 06/17/22 $380.00 $75.9K 260 50
GS PUT TRADE BEARISH 06/17/22 $380.00 $50.6K 260 30

Where Is Goldman Sachs Group Standing Right Now?

  • With a volume of 672,256, the price of GS is down -3.12% at $316.64.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 41 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 {d[company_name]}, Benzinga Progives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets