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GS 18FEB CALL SPREAD

This topic contains 0 replies, has 1 voice, and was last updated by  Igor 4 years ago.

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    Igor
    Keymaster

    GS at 407.38

    Earnings are coming up and this is a big unknown risk

    I like the break above a recent down trend and I am looking for a move towards 420s

    This is a limited risk / limited reward call debit spread and my max risk is the debit paid for this trade.

    GS needs to be at 4409.80 by Feb expiration to break even and this spread has an implied POP around 45%

    Chart:

    Risk Profile:

    Order Ticket:

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