Checking in with Goldman Sachs Stock Before Earnings

Earnings and Stock Performance - Goldman Sachs Group Inc (NYSE:GS) is scheduled to report quarterly earnings on Wednesday, Jan 15, with analysts expecting earnings of $7 94 per share, significantly higher than the$5 48 per share reported in the same quarter last year [1] - The stock has finished higher after three of its last four earnings reports in 2024, with an average post-earnings move of 2 1% over the past two years, while options markets are pricing in a 5 1% swing for the upcoming report [2] - GS stock has gained 50 2% over the past year and is climbing back toward its Nov 29 record high of $612 73 after bouncing off$544 in mid-December, with support at its 60-day moving average [3] Options Market Activity - Over the past 10 days, the number of puts and calls for GS stock has been equal, which is rare for the company, with a 10-day put/call volume ratio of 1 00 ranking higher than 81% of readings from the past year [4] - A potential unwinding of this pessimism in the options market could help GS extend its recent upward trend [4]