Barrick Gold Unusual Options Activity For November 09
Portfolio Pulse from Benzinga Insights
Barrick Gold (NYSE:GOLD) has seen unusual options activity, with a significant number of investors adopting a bullish approach. The company's options scanner highlighted 10 extraordinary options activities, with 60% leaning bullish and 40% bearish. The mean open interest for Barrick Gold options trades today is 15709.67 with a total volume of 21,285.00. Analysts from Raymond James and BMO Capital maintain an Outperform rating on Barrick Gold, with target prices of $25 and $30 respectively.
November 09, 2023 | 3:47 pm
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Barrick Gold has seen unusual options activity, indicating potential significant moves in the stock. Analysts maintain an Outperform rating, suggesting positive future performance.
The unusual options activity suggests that investors are expecting significant moves in Barrick Gold's stock. The bullish sentiment among 60% of these investors and the Outperform ratings from analysts indicate a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100