Barrick Gold Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner detected over 11 options trades for Barrick Gold (NYSE:GOLD) totaling $550,582. Whales have been targeting a price range of $10.0 to $22.0 for Barrick Gold over the last 3 months. The stock is currently up 1.43% at $17.02, and RSI indicators suggest it may be oversold.

May 31, 2023 | 4:46 pm
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Barrick Gold (NYSE:GOLD) sees unusual options activity with over 11 trades totaling $550,582. Whales target a $10-$22 price range. The stock is up 1.43% at $17.02, and RSI indicators suggest it may be oversold.
The unusual options activity detected by Benzinga's scanner indicates that there is significant interest in Barrick Gold's stock. However, the short-term impact on the stock price is uncertain, as the targeted price range is quite wide ($10-$22). The stock is currently up 1.43% at $17.02, and RSI indicators suggest it may be oversold, which could lead to a potential rebound. However, given the wide price range targeted by whales, it is difficult to predict the short-term price direction with high confidence.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100