February 12th, 2012
Published Daily

GS – Goldman Sachs (last: 144.67)

by Rick Ackerman on May 29, 2009 1:36 am GMT

A 150.72 rally target broached here earlier is still viable and will give us a logical place to try and get short.  Accordingly, if and when the stock gets within 5-10 cents of that target, buy two October 120 puts (GSVD).  A price of around 5.60 would be pretty attractive, but you should base your bid on the bid reflected by market makers if and when the target is closely approached.



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