Goldman Sachs (GS) puts active on elevated volatility of 60; shares trade below $100

Goldman Sachs (NYSE: GS) September 95 and 100 puts are active on total put volume of 14K (11K calls) following Citi bank lowering its price target to $140 from $180. September and October put option implied volatility of 61 is above its six-month average of 30 according to Track Data, suggesting larger price movement.

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