A whale with a lot of money to spend has taken a noticeably bullish stance on Barrick Gold.
Looking at options history for Barrick Gold (NYSE:GOLD) we detected 15 strange trades.
By Lucas Montero, Technical Analyst at Finanflix
HOLD!
Many times, we've heard about the virtues of "Buy and Hold" and how this strategy would result in great benefits. This can be a double-edged knife; therefore, I invite you to continue reading this report so that I can tell you about this strategy in detail.
Someone with a lot of money to spend has taken a bearish stance on Barrick Gold (NYSE:GOLD).
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.
If history is any guide, there may be trouble ahead for shares of Barrick Gold (NYSE:GOLD). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
Someone with a lot of money to spend has taken a bearish stance on Barrick Gold (NYSE:GOLD).
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.
Trading volume is critical for small-window options traders, as it gives insight into how many contracts have been purchased on an options strike. A high-volume option can provide liquidity, giving investors a better opportunity to sell their contracts over those with lower volumes.