Whales Take a Bearish Approach to Barrick Gold (NYSE:GOLD)

Recent trends among financial giants indicate a significant bearish shift regarding Barrick Gold. Our examination of the options history for Barrick Gold (NYSE: GOLD) has uncovered 20 unusual trades.

Digging further into the analysis, we found that only 35% of traders displayed a bullish outlook while a notable 65% leaned towards bearish positions. Among the trades identified, there were 6 put options valued at $671,792 and 14 call options totaling $802,155.

Expected Price Movements

By analyzing the volume and open interest of these contracts, it appears that major players are targeting a price range of $10.0 to $22.0 for Barrick Gold over the past quarter.

Volume & Open Interest Trends

In terms of liquidity, the average open interest for Barrick Gold options is currently at 5,251.86, with a total trading volume of 9,542.00.

The following chart illustrates the changes in volume and open interest for Barrick Gold's significant trades involving call and put options, particularly within the strike price range of $10.0 to $22.0, over the last 30 days.

Barrick Gold Options Activity Overview

Significant Options Trades Detected:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
GOLD	PUT	SWEEP	BULLISH	09/19/25	$1.62	$1.58	$1.58	$19.00	$316.0K	5.8K	3
GOLD	PUT	SWEEP	BEARISH	01/16/26	$3.8	$3.75	$3.8	$22.00	$155.8K	8.6K	415
GOLD	CALL	SWEEP	BEARISH	03/20/26	$5.3	$5.2	$5.2	$15.00	$141.9K	1.9K	275
GOLD	CALL	SWEEP	BEARISH	06/18/26	$4.2	$4.1	$4.1	$17.00	$122.5K	3.4K	661
GOLD	CALL	TRADE	BEARISH	06/18/26	$4.2	$4.1	$4.1	$17.00	$108.6K	3.4K	266

About Barrick Gold

Headquartered in Toronto, Barrick Gold is recognized as one of the largest gold mining companies globally. In 2024, the company produced nearly 3.9 million ounces of gold and approximately 430 million pounds of copper. As of year-end 2024, Barrick held around two decades' worth of gold reserves, alongside substantial copper reserves. Following its acquisition of Randgold in 2019 and establishing a joint venture with Newmont for its Nevada operations, Barrick manages mines in 19 countries throughout the Americas, Africa, the Middle East, and Asia. Additionally, the company has significant copper production capabilities, with the Reko Diq project in Pakistan poised to potentially double copper production by the decade's end.

Having conducted a comprehensive review of the options trading surrounding Barrick Gold, we now explore the company's current market position and performance.

Current Market Position of Barrick Gold

• The stock is currently trading at a volume of 12,398,193, with a price rise of 2.26% to $19.2.
• Relative Strength Index (RSI) levels indicate that the stock might be nearing overbought territory.
• The anticipated earnings release is scheduled in 44 days.

Analyst Perspectives on Barrick Gold

Recently, two industry analysts have provided their assessments regarding Barrick Gold. On average, they propose a target price of $21.0 for the stock.

Unusual Options Activity Noticed: Insights from Smart Money

Identifying potential market movers, the Unusual Options board highlights the positions taken by significant investors regarding their favorite stocks. A noteworthy upgrade from an analyst at UBS has been made to a Buy rating, adjusting the price target to $22. Another analyst from Scotiabank maintains a Sector Perform rating with a target price set at $20 for Barrick Gold.

Options trading comes with increased risks but also offers potential rewards. Experienced traders navigate these risks through ongoing education, strategic adjustments, and by closely observing various indicators and market trends. To stay updated on the latest options trades for Barrick Gold, consider signing up for real-time alerts from market analytics services.

Whales, Barrick, Gold