Barrick Gold Unusual Options Activity For March 27

A whale with a lot of money to spend has taken a noticeably bullish stance on Barrick Gold.

Looking at options history for Barrick Gold GOLD we detected 14 strange trades.

If we consider the specifics of each trade, it is accurate to state that 57% of the investors opened trades with bullish expectations and 42% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $221,562 and 9, calls, for a total amount of $918,559.

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 $13.0 to $25.0 for Barrick Gold over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $13.0 to $25.0 in the last 30 days.

Barrick Gold 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
GOLD CALL SWEEP NEUTRAL 05/19/23 $16.00 $326.4K 3.1K 2.4K
GOLD CALL SWEEP BULLISH 05/19/23 $16.00 $314.2K 3.1K 1.2K
GOLD CALL SWEEP NEUTRAL 09/15/23 $20.00 $80.8K 2.9K 742
GOLD PUT SWEEP BEARISH 01/19/24 $15.00 $63.6K 23.5K 733
GOLD PUT SWEEP BEARISH 01/19/24 $13.00 $63.3K 20.2K 1.4K

Where Is Barrick Gold Standing Right Now?

  • With a volume of 6,593,857, the price of GOLD is down -0.56% at $18.42.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 37 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.

Market News and Data brought to you by Benzinga APIs
Date of Trade
Strike Price
Posted In: OptionsMarketsBZI-UOA
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