Bullish Goldman Sachs (GS) Option Activity

Susquehanna's option analysts noted some bullish activity in some Goldman Sachs (NYSE: GS) out-of-the-money calls.

The firm noted, "opening investors purchased 3,500 March 115 (.05d) calls. Shares of GS would have to rally nearly 25% from current levels before March expiration for these calls to become in-the-money."

Shares of Goldman Sachs are up 11% in intra-day action to $89.

You May Also Be Interested In

• Nscale targets up to $3B in US IPO as soon as September - Bloomberg
• Increasing unusual call volume: IWF UROY ROST TECK CRK BNTX BITI MTDR BRUN TECH ETH BJ MUX CPRT
• Sandisk (SNDK) call put ratio 1.2 calls to 1 put