Market Whales and Their Recent Bets on GOLD Options
Portfolio Pulse from Benzinga Insights
High-rolling investors are showing a bullish sentiment on Barrick Gold (NYSE:GOLD) through options trading, with 77% of trades being bullish. The options activity suggests a focus on a price range between $10.0 and $25.0. Barrick Gold's stock is currently trading at $20.11, down by 1.35%. An analyst from Argus Research has upgraded the stock to 'Buy' with a target price of $24.0.
September 23, 2024 | 8:01 pm
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High-rolling investors are bullish on Barrick Gold, with 77% of options trades being bullish. The stock is currently trading at $20.11, down by 1.35%. An analyst has upgraded the stock to 'Buy' with a target price of $24.0.
The significant bullish options activity suggests positive sentiment among major investors, which could lead to a short-term price increase. The analyst upgrade to 'Buy' with a target price of $24.0 further supports a positive outlook.
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