What the Options Market Tells Us About Goldman Sachs Gr
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner revealed significant bullish activity in Goldman Sachs Gr (NYSE:GS) options, with a notable split between bullish (61%) and bearish (33%) sentiments among big-money traders. The activity suggests expectations for GS's stock price to reach between $390.0 and $640.0 in the next three months. Recent trades include both puts and calls with varying sentiments and strike prices. Goldman Sachs, a major investment bank, has seen its stock price increase by 0.85% to $441.88, with analysts providing mixed ratings and target prices ranging from $360 to $479.
May 06, 2024 | 4:31 pm
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Significant bullish options activity detected in GS, with expectations for stock price movement between $390 and $640 in the short term. Current stock price is $441.88, with analysts providing a range of target prices.
The bullish options activity, especially the higher volume of calls compared to puts, suggests a positive outlook among significant investors, potentially driving short-term price increases. Analyst ratings and target prices support this optimism, although there's a wide range in targets indicating some uncertainty.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100