Barrick Gold Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Barrick Gold (NYSE:GOLD) as evidenced by unusual options activity. The options scanner at Benzinga spotted 12 uncommon trades for Barrick Gold, split between 50% bullish and 50% bearish. The total amount for puts is $232,954 and for calls is $353,330. Whales have been targeting a price range from $15.0 to $22.0 for Barrick Gold over the last 3 months. The price of GOLD is up 4.5% at $17.46.
July 12, 2023 | 5:19 pm
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Unusual options activity has been detected for Barrick Gold, indicating a significant bullish stance. This could potentially impact the stock's price in the short term.
The unusual options activity, split between 50% bullish and 50% bearish, indicates a significant amount of interest in Barrick Gold. This could potentially lead to increased volatility in the stock's price. The fact that the price of GOLD is currently up 4.5% at $17.46 further supports this.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100