GS

[Churchill]

I'm thinking of trying my luck with buying the GS April $175 or $170 Calls. Would be nice to have a longer time frame but you obviously pay for it going out to the July Calls.

I believe the larger macro picture will be good until at least the spring. Company specific, it is hard to tell. What do you think? It could bounce back to $185 within that time. Or not.

 

[FXforex]

I'm thinking of trying my luck with buying the GS April $175 or $170 Calls. Would be nice to have a longer time frame but you obviously pay for it going out to the July Calls.

I believe the larger macro picture will be good until at least the spring. Company specific, it is hard to tell. What do you think? It could bounce back to $185 within that time. Or not.

And if it does most of that gain will be concentrated over a few days, it will not be a steady climb. I recommend you try and anticipate when those gains will likely occur and buy the weekly calls.

Try entering on Tuesday or Wednesday for a three/two day trade. The premium you pay will be your stop.

 

[Churchill]

Thanks for the info FXforex. It makes sense that if GS moves, it will be quick. I have not paid too much attention to the weekly options. I'll consider them more often.

I'm still leaning with a slightly longer time frame, but now aften some contemplation , towards the March expiry instead. The calls at $175 strike. I find it difficult enough to time the month of any move, let alone the week or day.

The stock itself is lagging the market over the last little while. Maybe it is financials overall.