Goldman Sachs Gr Unusual Options Activity For August 04
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Goldman Sachs Gr (NYSE:GS) by a large investor, as observed in the unusual options activity. The overall sentiment of these big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $330.0 to $370.0 for Goldman Sachs Gr over the last 3 months. The price of GS is up 1.37% at $358.01, with RSI indicators suggesting that the stock may be overbought.
August 04, 2023 | 3:46 pm
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A large investor has taken a significant bearish stance on Goldman Sachs Gr (NYSE:GS), with the overall sentiment of big-money traders being more bearish than bullish. The stock price is currently up, but RSI indicators suggest it may be overbought.
The unusual options activity and the bearish sentiment of big-money traders suggest that there may be a downward pressure on the stock price of Goldman Sachs Gr (NYSE:GS) in the short term. The current overbought status of the stock as indicated by the RSI also supports this prediction.
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IMPORTANCE 80
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