8.44Open8.02Pre Close1.88K Volume830 Open Interest597.00Strike Price1.73MTurnover226.48%IV0.05%PremiumJan 8, 2025Expiry Date7.51Intrinsic Value100Multiplier0DDays to Expiry0.28Extrinsic Value100Contract SizeAmericanOptions Type-0.9125Delta0.0290Gamma76.01Leverage Ratio-69.0951Theta-0.0001Rho-69.36Eff Leverage0.0039Vega
Tonyco : Goldman Sachs is a terrible source for anything.
The firm has consistently missed the mark with its projections for the S&P 500's yearly performance.
Over the past five years, Goldman Sachs has been at least 10% off in its year-end projections for the S&P 500, with the average forecast falling 14% short.
In 2020, 2021, and 2022, Goldman's predictions for the S&P 500's closing value were off by 10%, 11%, and 24% respectively.
Take what they say with grain of salt.
Tonyco : A study analyzing 6,627 forecasts made by 68 forecasters found that only 48% of forecasts were correct, with the majority performing at levels not significantly different from chance
The Terrible Track Record of Wall Street Forecasts
"Abbey Joseph Cohen, formerly a partner and chief U.S. investment strategist at Goldman Sachs, fared even worse. Her accuracy rating was only 35%, well below the average of 47%."