GS Goldman Sachs Group (90.68)

A Hidden Pivot support not far below, at 78.17, offers a promising spot to try bottom-fishing today — with a tight stop-loss. Puts and calls in this vehicle are priced in the Twilight Zone, but we can play it conservatively by bidding for a single March 80 call (GSCP), stop 77.99, if and when the stock reaches our target. The March 80s should be trading for around 6.70, but you may be able to refine the bid by monitoring the spread closely as GS gets within 25 to 30 cents of the target. _______ UPDATE: With a maniacal lurch, GS was airborne at the bell, leaving our cheapskate bid choking on dust. An hour before the close, the short-squeeze had pushed the stock as high as 90.38 — up more than $10 on the day. This is surely the slow route to my $29 target.