Goldman Sachs Gr Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner revealed significant bullish sentiment among big-money investors towards Goldman Sachs Gr (NYSE:GS), with a notable volume of options trades indicating expectations for the stock price to reach between $380.0 and $420.0 in the next three months. The analysis of options activity, including both calls and puts, suggests a strategic positioning by investors. Goldman Sachs is currently trading at $388.21, with an RSI indicating it may be approaching overbought territory. Analysts from Daiwa Capital and Oppenheimer have recently provided positive ratings, with target prices of $430 and $446, respectively.
March 19, 2024 | 4:16 pm
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POSITIVE IMPACT
Significant bullish sentiment from big-money investors on GS, with options activity suggesting a price target between $380-$420. Currently trading at $388.21, analysts from Daiwa Capital and Oppenheimer have set targets at $430 and $446, respectively.
The bullish sentiment among big-money investors, as evidenced by the options activity, combined with positive analyst ratings and the current trading price, suggests a potential short-term upward movement for GS. The anticipation of earnings release in 27 days could further influence the stock's performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100