Goldman Sachs Group Unusual Options Activity For December 08

Goldman Sachs Group Unusual Options Activity For December 08

Someone with a lot of money to spend has taken a bullish stance on Goldman Sachs Group (NYSE:GS).

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with GS, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 11 uncommon options trades for Goldman Sachs Group.

This isn't normal.

The overall sentiment of these big-money traders is split between 54% bullish and 45%, bearish.

Out of all of the special options we uncovered, 5 are puts, for a total amount of $145,083, and 6 …

Full story available on Benzinga.com