http://finance.yahoo.com/news/bear-day-goldman-sachs-gs-144302105.html
http://finance.yahoo.com/q/ks?s=gs&ql=1
http://www.msn.com/en-us/money/stockdetails/financials/fi-126.1.GS.NYS
http://stockcharts.com/h-sc/ui?s=gs
Trade:
With GS at 167.97
Oct 200/205 bear call spread for a net credit of $40
Yield = 40/460 = 8.7% in 177 days or 17.9% annualized
Prob = 88.4%
Expectation = .884(40) - .086(460) - .03(230) = 35.4 - 39.56 - 6.9 = -11
Price.......... Profit / Loss.... ROM %
125.00.............. 40.00......... 8.70%
150.00.............. 40.00......... 8.70%
175.00.............. 40.00......... 8.70%
200.00.............. 40.00......... 8.70%
200.40................ 0.00......... 0.00%
203.61........... (321.50)..... -64.30%
205.00........... (460.00)..... -91.30%
225.00........... (460.00)..... -91.30%
250.00........... (460.00)..... -91.30%
http://finance.yahoo.com/q/ks?s=gs&ql=1
http://www.msn.com/en-us/money/stockdetails/financials/fi-126.1.GS.NYS
http://stockcharts.com/h-sc/ui?s=gs
Trade:
With GS at 167.97
Oct 200/205 bear call spread for a net credit of $40
Yield = 40/460 = 8.7% in 177 days or 17.9% annualized
Prob = 88.4%
Expectation = .884(40) - .086(460) - .03(230) = 35.4 - 39.56 - 6.9 = -11
Price.......... Profit / Loss.... ROM %
125.00.............. 40.00......... 8.70%
150.00.............. 40.00......... 8.70%
175.00.............. 40.00......... 8.70%
200.00.............. 40.00......... 8.70%
200.40................ 0.00......... 0.00%
203.61........... (321.50)..... -64.30%
205.00........... (460.00)..... -91.30%
225.00........... (460.00)..... -91.30%
250.00........... (460.00)..... -91.30%