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Goldman Sachs Gr Unusual Options Activity
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Goldman Sachs Gr Unusual Options Activity
Jul 1, 2024 7:47 AM

Whales with a lot of money to spend have taken a noticeably bullish stance on Goldman Sachs Gr.

Looking at options history for Goldman Sachs Gr we detected 16 trades.

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

From the overall spotted trades, 5 are puts, for a total amount of $331,520 and 11, calls, for a total amount of $560,010.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $310.0 to $480.0 for Goldman Sachs Gr over the recent three months.

Analyzing Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Goldman Sachs Gr's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Goldman Sachs Gr's substantial trades, within a strike price spectrum from $310.0 to $480.0 over the preceding 30 days.

Goldman Sachs Gr Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
GS PUT SWEEP BULLISH 07/19/24 $4.5 $4.1 $4.13 $440.00 $187.9K 2.6K 321
GS CALL TRADE BULLISH 07/19/24 $10.1 $9.85 $10.1 $465.00 $101.0K 1.8K 116
GS CALL TRADE BULLISH 07/19/24 $9.5 $9.2 $9.5 $465.00 $95.0K 1.8K 12
GS CALL TRADE BEARISH 08/16/24 $9.7 $9.4 $9.43 $475.00 $94.3K 364 0
GS PUT TRADE BEARISH 01/17/25 $10.1 $9.65 $10.1 $400.00 $50.5K 1.1K 0

About Goldman Sachs Gr

Goldman Sachs ( GS ) 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.

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

Goldman Sachs Gr's Current Market Status

With a volume of 299,643, the price of GS is up 1.49% at $459.06.

RSI indicators hint that the underlying stock may be approaching overbought.

Next earnings are expected to be released in 14 days.

What The Experts Say On Goldman Sachs Gr

2 market experts have recently issued ratings for this stock, with a consensus target price of $497.5.

An analyst from Morgan Stanley persists with their Overweight rating on Goldman Sachs Gr, maintaining a target price of $475.

Consistent in their evaluation, an analyst from Keefe, Bruyette & Woods keeps a Outperform rating on Goldman Sachs Gr with a target price of $520.

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 Goldman Sachs Gr, Benzinga Pro gives you real-time options trades alerts.

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