Core Insights - Deep-pocketed investors are adopting a bearish approach towards Goldman Sachs Group, indicating potential significant market movements ahead [1] - Recent options activity shows a divided sentiment among heavyweight investors, with 42% bullish and 45% bearish [2] - The predicted price range for Goldman Sachs Group is between $460.0 and $980.0 based on recent volume and open interest analysis [3] Options Activity - A total of 64 extraordinary options activities were recorded for Goldman Sachs Group, with notable trades including 25 puts totaling $2,017,074 and 39 calls amounting to $4,734,462 [2] - Significant options trades detected include various puts and calls, with total trade prices ranging from $197.7K to $2.9M [9] Company Overview - Goldman Sachs Group, founded in 1869, is a leading global investment bank known for its advisory services in mergers and acquisitions [10] - The firm has diversified into stable fee-based businesses, with asset and wealth management comprising approximately 30% of post-provision revenue by the end of 2024 [10] Analyst Insights - Recent analyst evaluations suggest an average target price of $825.8 for Goldman Sachs Group, with individual targets ranging from $785 to $855 [12][13] - Analysts from various firms maintain differing ratings, with some holding an Overweight rating and others downgrading to Market Perform [13] Current Market Position - Goldman Sachs Group is currently trading at $781.85, reflecting a 0.69% increase, with anticipated earnings release in 5 days [15]
Behind the Scenes of Goldman Sachs Group's Latest Options Trends - Goldman Sachs Group (NYSE:GS)