Description
⋅ Buy Alert on GS 15 March - Bull Debit Spread + Double Put Spread
(Read Carefully we are buyign 1 Put and sell 2)
Trading range $ 261.43 to $ 464.46
1: Buy 1 Call Option for 15 Mar for $ 400 and Sell 1 Call for $ 420
2: Buy 1 Put for 15 Mar $ 240 and Sell 2 Put for $ 215
Net Debit $ 0.78 Cent
Our pivot point stands at 331.
Our preference
The downside prevails as long as 331 is resistance.
Alternative scenario
The upside breakout of 331 would call for 342 and 349
Comment
⋅ Nice Bunce 27% overnight - Keep holding we will taget to close around $ 350 ++ Per share
Comment
⋅ Continue Holding We are Green over 45% and Holding unless stock hit $ 353 or close