Stocks

Behind the Scenes of Goldman Sachs Gr's Latest Options Trends

Published December 18, 2024

Recently, significant investors, often referred to as "whales," have shown a clearly bullish outlook on Goldman Sachs Gr.

Analyzing the options history for Goldman Sachs Gr (NYSE:GS), we have recorded a total of 20 notable trades in recent weeks.

When we examine the details of these trades, we find that approximately 60% of investors have opted to take on bullish trades, while around 35% have taken a bearish position.

Among the trades identified, there were 14 put options, amounting to a total value of $879,540, and 6 call options, which totaled $609,710.

Predicted Price Range

Given the trading patterns observed, it suggests that major investors are targeting a price range between $530.00 and $650.00 for Goldman Sachs Gr over the next three months.

Insights into Volume & Open Interest

As for the current trading landscape, the average open interest for Goldman Sachs Gr's options is approximately 215.25, with the total trading volume reaching 1,030.00. The following chart illustrates the trends in both call and put option volume and open interest for major trades in Goldman Sachs Gr, specifically within the strike price range of $530.00 to $650.00 over the past 30 days.

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

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
GS CALL SWEEP BULLISH 01/03/25 $8.35 $7.85 $8.35 $585.00 $208.7K 26 251
GS CALL SWEEP BULLISH 02/21/25 $18.55 $18.0 $18.51 $600.00 $184.8K 219 103
GS PUT TRADE BULLISH 12/20/24 $73.0 $72.7 $72.7 $650.00 $145.4K 0 0
GS CALL SWEEP BULLISH 04/17/25 $28.25 $27.85 $28.25 $600.00 $107.3K 300 42
GS PUT SWEEP BULLISH 03/21/25 $29.15 $28.75 $28.75 $580.00 $100.6K 194 153

About Goldman Sachs Gr

Goldman Sachs is a prominent global investment banking and asset management firm. The firm generates around 20% of its revenue from investment banking, 45% from trading activities, 20% from asset management, and the remaining 15% from wealth management and retail financial services. Geographically, approximately 60% of Goldman Sachs' net revenue comes from the Americas, while 15% originates from Asia, and the remaining 25% from Europe, the Middle East, and Africa.

Goldman Sachs Gr's Current Market Status

  • Goldman Sachs Gr has a trading volume of 437,583, with shares currently priced at $575.38, reflecting a slight increase of 0.12%.
  • Relative Strength Index (RSI) indicators suggest that the stock is currently in a neutral zone, neither overbought nor oversold.
  • Next earnings report is anticipated to be released in 28 days.

Expert Opinions on Goldman Sachs Gr

In the past month, four analysts issued ratings for Goldman Sachs Gr, with the average target price set at $607.25.

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One analyst from Keefe, Bruyette & Woods has maintained their "Outperform" rating for Goldman Sachs Gr, with a price target of $686. Meanwhile, an analyst from HSBC has downgraded their rating to "Hold," setting a lower price target at $608. Another analyst from Citigroup holds a "Neutral" stance with a target price of $585, while JP Morgan continues to endorse an "Overweight" rating with a price target of $550.

Trading options involves higher risks compared to traditional stock trading, yet they offer greater profit possibilities. Experienced options traders mitigate risks by staying educated, managing trades cautiously, using various indicators, and closely monitoring the markets.

For those interested in keeping up with the latest developments in options trading for Goldman Sachs Gr, real-time options alerts are available through various platforms.

Goldman, Sachs, Options