Friday, April 30, 2010

Taking Another Shot at Goldman Sachs (GS)

I am selling the following bull put spread:


- Buy to open May $125 puts
- Sell to open May $130 puts 


The spread is currently going for $0.80.  I am placing the order to execute for $1.00 credit which will require GS to drop further in this last hour.  I will only do this if I can get $1.00 for it.  


Good luck!