Behind the Scenes of Goldman Sachs Gr's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading activity for Goldman Sachs Gr (NYSE:GS) shows a bearish sentiment among investors, with 55% of trades being bearish and 44% bullish. The trading volume and open interest suggest a price target range of $370.0 to $420.0. Notable options activity includes both puts and calls with varying sentiments and expiration dates. Goldman Sachs, a leading investment bank, has seen its stock price increase by 0.51% to $395.17, with an upcoming earnings report in 47 days.
February 29, 2024 | 3:17 pm
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Bearish options trading sentiment with a price target range of $370-$420. Stock price currently at $395.17, with an earnings report due in 47 days.
The bearish sentiment in options trading could indicate investor caution or speculation on a price adjustment. However, the stock's current positive performance and the anticipation of the upcoming earnings report make the short-term impact neutral. The importance is high due to the direct correlation between options sentiment and stock performance, but confidence is not at maximum due to the unpredictable nature of market reactions to options trading patterns.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100