tsla

Options Traders Blast Goldman Sachs After Earnings

A slowdown in dealmaking had profits slipping year-over-year, though

Digital Content Manager
Jul 18, 2022 at 10:13 AM
facebook X logo linkedin


Goldman Sachs Group Inc (NYSE:GS) was the latest bank giant to enter the earnings confessional, this morning reporting better-than-expected second-quarter profits and revenue. However, profits were lower year-over-year, following a slowdown in dealmaking. In response, GS is up 3.9% at $305.27.

Short-term options traders are incredibly bullish. This is per the equity's Schaeffer's put/call open interest ratio (SOIR) of 0.72, which stands higher than just 1% of readings in its annual range.

Drilling down to today's options activity, 8,336 calls and 5,740 puts have already crossed the tape, which is five times what is typically seen at this point. Most popular is the 7/22 310-strike call, followed by the 315-strike call in that same weekly series.

Goldman Sachs stock was trading at a one-year low of $277.84 as of July 14. Even amid today's pop and a 12% gain on Friday, the shares are running into resistance at their descending 80-day moving average. Year-to-date, GS is still down 19.2%.
 

Two High-Octane Trade Ideas. One Simple Goal: Intraday Profits.

Dynamite Day Trading Signals delivers two same-day options trades every week — powered by proprietary intraday analysis and 43+ years of trading expertise.

But this isn’t just another stream of alerts.

It’s a structured plan with clear entry and exit points – designed for traders who want to act fast, trade smart, and wrap up gains before the closing bell.

No guesswork. No overnight exposure – Just two well-researched setups per week — whether you prefer buying premium or selling it.

And the results speak for themselves: subscribers have locked in +245.8% total profit over the last six months (since inception!).

👉 Start your one-month trial now for just $10, and be ready for the next trade alert.