Financial giants have made a conspicuous bullish move on Goldman Sachs Gr. Our analysis of options history for Goldman Sachs Gr (NYSE:GS) revealed 13 unusual trades.
Delving into the details, we found 69% of traders were bullish, while 23% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $219,664, and 7 were calls, valued at $304,889.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $460.0 and $550.0 for Goldman Sachs Gr, spanning the last three months.
Volume & Open Interest Development
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 $460.0 to $550.0 over the preceding 30 days.
Goldman Sachs Gr Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GS | CALL | SWEEP | BEARISH | 10/11/24 | $3.6 | $3.55 | $3.55 | $497.50 | $77.0K | 129 | 172 |
| GS | CALL | TRADE | BULLISH | 10/18/24 | $10.7 | $10.5 | $10.7 | $500.00 | $54.5K | 2.7K | 78 |
| GS | PUT | SWEEP | BEARISH | 04/17/25 | $21.15 | $20.35 | $20.6 | $460.00 | $47.3K | 12 | 0 |
| GS | CALL | SWEEP | BULLISH | 10/18/24 | $0.62 | $0.61 | $0.61 | $550.00 | $41.9K | 4.0K | 696 |
| GS | PUT | SWEEP | BULLISH | 10/11/24 | $8.45 | $7.75 | $7.91 | $497.50 | $40.0K | 403 | 53 |
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.
Where Is Goldman Sachs Gr Standing Right Now?
- With a trading volume of 146,068, the price of GS is up by 0.69%, reaching $498.59.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 8 days from now.
What Analysts Are Saying About Goldman Sachs Gr
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $524.5.
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.* An analyst from Oppenheimer persists with their Outperform rating on Goldman Sachs Gr, maintaining a target price of $577. * Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Goldman Sachs Gr, targeting a price of $472.
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.
