financetom
Business
financetom
/
Business
/
Looking At Goldman Sachs Gr's Recent Unusual Options Activity
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Looking At Goldman Sachs Gr's Recent Unusual Options Activity
Jan 14, 2025 8:36 AM

Deep-pocketed investors have adopted a bullish approach towards Goldman Sachs Gr , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GS usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 24 extraordinary options activities for Goldman Sachs Gr. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 50% leaning bullish and 29% bearish. Among these notable options, 18 are puts, totaling $2,114,391, and 6 are calls, amounting to $297,825.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $360.0 to $585.0 for Goldman Sachs Gr over the recent three months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Goldman Sachs Gr's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Goldman Sachs Gr's significant trades, within a strike price range of $360.0 to $585.0, over the past month.

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

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
GS PUT TRADE BULLISH 03/21/25 $13.65 $13.3 $13.4 $540.00 $938.0K 241 700
GS PUT TRADE BULLISH 01/16/26 $23.9 $23.4 $23.35 $480.00 $233.5K 180 100
GS PUT TRADE BULLISH 12/19/25 $39.8 $39.5 $39.5 $540.00 $197.5K 202 50
GS PUT SWEEP NEUTRAL 01/17/25 $6.95 $6.7 $6.78 $555.00 $111.0K 1.1K 133
GS CALL TRADE NEUTRAL 12/18/26 $230.95 $225.05 $228.0 $365.00 $91.2K 6 4

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.

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

Goldman Sachs Gr's Current Market Status

With a trading volume of 534,769, the price of GS is up by 1.7%, reaching $572.5.

Current RSI values indicate that the stock is is currently neutral between overbought and oversold.

Next earnings report is scheduled for 1 days from now.

What Analysts Are Saying About Goldman Sachs Gr

Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $654.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.

* Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Goldman Sachs Gr with a target price of $639.

* An analyst from Barclays has decided to maintain their Overweight rating on Goldman Sachs Gr, which currently sits at a price target of $713.

* An analyst from UBS has revised its rating downward to Neutral, adjusting the price target to $610.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Goldman Sachs Gr options trades with real-time alerts from Benzinga Pro.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Civista Bancshares Approves $13.5 Million Share Repurchase Program
Civista Bancshares Approves $13.5 Million Share Repurchase Program
Apr 18, 2024
05:38 PM EDT, 04/18/2024 (MT Newswires) -- Civista Bancshares ( CIVB ) said Thursday its board approved a new $13.5 Million share repurchase program. The program replaces the existing $13.5 Million program, set to expire Thursday, under which the company bought back $1.5 million shares. ...
Credo Technology Group Holding Insider Sold Shares Worth $559,475, According to a Recent SEC Filing
Credo Technology Group Holding Insider Sold Shares Worth $559,475, According to a Recent SEC Filing
Apr 18, 2024
05:39 PM EDT, 04/18/2024 (MT Newswires) -- William Joseph Brennan, Director, President & Chief Executive Officer, on April 17, 2024, sold 30,000 shares in Credo Technology Group Holding ( CRDO ) for $559,475. Following the Form 4 filing with the SEC, Brennan has control over a total of 3,655,779 shares of the company, with 678,279 shares held directly and 2,977,500...
Verastem Names John Hayslip as Chief Medical Officer
Verastem Names John Hayslip as Chief Medical Officer
Apr 18, 2024
05:36 PM EDT, 04/18/2024 (MT Newswires) -- Verastem ( VSTM ) said late Thursday it appointed John Hayslip as chief medical officer, succeeding Louis Denis, who recently left the company. Hayslip most recently served as the chief medical officer at I-Mab ( IMAB ) . ...
Provident Financial Services Q1 Earnings, Revenue Slip
Provident Financial Services Q1 Earnings, Revenue Slip
Apr 18, 2024
05:34 PM EDT, 04/18/2024 (MT Newswires) -- Provident Financial Services ( PFS ) late Thursday reported Q1 net income of $0.43 per diluted share, down from $0.54 a year ago. Analysts polled by Capital IQ expected $0.40. Revenue, calculated as the sum of net interest and noninterest income, was $114.5 million during the quarter ended March 31, compared with $130.5...
Copyright 2023-2026 - www.financetom.com All Rights Reserved