Barrick Gold Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Barrick Gold (NYSE:GOLD), with 54% of the detected trades being bearish and 45% bullish. The total amount for puts is $423,578 and for calls is $371,545. Whales have been targeting a price range from $15.0 to $20.0 for Barrick Gold over the last 3 months. The current price of GOLD is down -0.61% at $16.44.
August 04, 2023 | 2:08 pm
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Barrick Gold has seen significant options activity, with a bearish stance taken by a major investor. The targeted price range is $15-$20.
The bearish stance taken by a major investor, along with the high volume of put options, suggests a potential downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100