Skip to content Skip to sidebar Skip to footer


Someone with a lot of money to spend has taken a bullish stance on Barrick Gold GOLD.

And retailers should know that.

We noticed this today when the large position appeared on the history of publicly available options that we track here at Benzinga.

Whether it is an institution or just a wealthy individual, we don’t know. But when something this big happens with GOLD, it often means someone knows something is going to happen.

So how do we know what this whale just did?

Today, BenzingaOptions scanner spotted 14 unusual options trades for Barrick Gold.

It is not normal.

The general sentiment of these big traders is split between 64% bullish and 35% bearish.

Of all the special options we discovered, 2 are put options, totaling $119,959, and 12 are call options, totaling $563,362.

What is the target price?

Given the volume and open interest on these contracts, it appears whales have been targeting a $10.0-$30.0 price range for Barrick Gold over the past 3 months.

Development of volume and open interest

Watching volume and open interest is a powerful move when trading options. This data can help you track the liquidity and interest of Barrick Gold options for a given strike price. Below we can observe the evolution of call and put volume and open interest, respectively, for all Barrick Gold whale trades within a strike price range of $10.0 at $30.0 in the last 30 days.

Barrick Gold Option Volume and Open Interest in the Last 30 Days

The biggest options spotted:









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
GOLD PUT SWEEP BULLISH 12/16/22 $24.00 $88,000 622 100
GOLD CALL SWEEP BEARISH 10/21/22 $16.00 $84,000 16.9K 4.4K
GOLD CALL SWEEP BEARISH 01/19/24 $15.00 $75.5,000 27.1K 417
GOLD CALL SWEEP BULLISH 03/17/23 $14.00 $54.8,000 1.0K 1.2K
GOLD CALL SWEEP BULLISH 03/17/23 $14.00 $54.8,000 1.0K 1.0K









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
GOLD PUT SWEEP BULLISH 12/16/22 $24.00 $88,000 622 100
GOLD CALL SWEEP BEARISH 10/21/22 $16.00 $84,000 16.9K 4.4K
GOLD CALL SWEEP BEARISH 01/19/24 $15.00 $75.5,000 27.1K 417
GOLD CALL SWEEP BULLISH 03/17/23 $14.00 $54.8,000 1.0K 1.2K
GOLD CALL SWEEP BULLISH 03/17/23 $14.00 $54.8,000 1.0K 1.0K

Where is Barrick Gold right now?

  • With a volume of 25,049,864, the price of GOLD is up 3.94% to $15.7.
  • RSI indicators suggest that the underlying stock could be close to overbought.
  • The next results should be published in 34 days.

What experts say about Barrick Gold:

  • Goldman Sachs downgraded its stock to Neutral with a price target of $18

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you want to stay up to date on the latest options trades for Barrick Gold, BenzingaPro gives you real-time alerts on options trades.



Source link

1 Comment

  • Rslznv
    Posted November 29, 2022 12:46 pm

    order levaquin without prescription levaquin us

Leave a comment