Poised precisely at a midpoint resistance at 110.45, Goldman looks extremely likely to pop to exactly 120.34, and soon. However, it is too risky for me to suggest that you simply buy calls at-the-market on the bell, since prices are likely to be rigged and rapacious on the breakaway gap we might expect.  We already hold two July 115-April 115 calendar spreads for 6.o0 that are quite profitable, and we are short an additional April 115 call for 3.80. Let’s reprice it down to 1.40, since that will impute the carrying cost of two April 90-85 put spreads to our cost basis, effectively writing them off.  In addition, you should try to buy two July 120-April 120 calls spreads for 9.80 or less, contingent on the stock trading 110 or higher.  The spread has the potential to widen out to 17.80 at April expiration, giving us low-risk protection to the upside.  I’ve included a snapshot of an option calculator that shows the July 120 calls worth 17.77 on April 17 with the underlying stock trading at 120. This spread looks like a winner to me, and it will be well worth your while to try and put it on (or perhaps leg it on) at the price I have specified. _______ UPDATE (10:08 a.m.) : I’ll add two July 120-April 120 call spreads to our position, since they could have been bought without much difficulty for 9.80. With the stock currently trading for 114.46, the spread can still be bought for that price.