share_log

Smart Money Is Betting Big In Goldman Sachs Gr Options

Benzinga ·  Apr 24 12:46

Financial giants have made a conspicuous bullish move on Goldman Sachs Gr. Our analysis of options history for Goldman Sachs Gr (NYSE:GS) revealed 11 unusual trades.

Delving into the details, we found 63% of traders were bullish, while 18% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $1,155,800, and 9 were calls, valued at $618,053.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $390.0 to $460.0 for Goldman Sachs Gr during the past quarter.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Goldman Sachs Gr options trades today is 527.0 with a total volume of 851.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Goldman Sachs Gr's big money trades within a strike price range of $390.0 to $460.0 over the last 30 days.

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

Options Call Chart

Biggest Options Spotted:

SymbolPUT/CALLTrade TypeSentimentExp. DateAskBidPriceStrike PriceTotal Trade PriceOpen InterestVolume
GSPUTTRADEBEARISH03/21/25$55.85$54.7$55.75$460.00$1.1M10202
GSCALLSWEEPBULLISH04/26/24$9.75$9.6$9.75$415.00$114.2K98364
GSCALLSWEEPBULLISH01/17/25$39.9$39.5$39.9$420.00$111.6K69129
GSCALLSWEEPBULLISH01/17/25$39.25$38.75$39.25$420.00$82.4K691119
GSCALLTRADENEUTRAL05/03/24$33.1$31.65$32.41$390.00$81.0K9025

About Goldman Sachs Gr

Goldman Sachs 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.

Current Position of Goldman Sachs Gr

  • Currently trading with a volume of 785,906, the GS's price is down by -0.69%, now at $421.09.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 84 days.

What Analysts Are Saying About Goldman Sachs Gr

In the last month, 5 experts released ratings on this stock with an average target price of $429.6.

  • Consistent in their evaluation, an analyst from HSBC keeps a Buy rating on Goldman Sachs Gr with a target price of $460.
  • Maintaining their stance, an analyst from BMO Capital continues to hold a Market Perform rating for Goldman Sachs Gr, targeting a price of $360.
  • An analyst from JP Morgan persists with their Overweight rating on Goldman Sachs Gr, maintaining a target price of $433.
  • Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Goldman Sachs Gr, targeting a price of $435.
  • Consistent in their evaluation, an analyst from JMP Securities keeps a Market Outperform rating on Goldman Sachs Gr with a target price of $460.

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment