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StockPickingEnthusiast
Apr 11, 2019 8:22 PM

Goldman Sachs Earnings Pop?  Long

Goldman Sachs Group, Inc. (The)NYSE

Description

Hey guys, quick disclaimer; I am a novice technician but I'm here to learn!

I'm playing some $210 call options for Goldman Sachs earnings.
Goldman to me, has more upside potential in the financials vs. JPM or BAC. And with the onslaught of IPOs it should be a forgone conclusion their revenue/earnings should be boosted in that environment. The SPY appears to want to make another attempt at all time highs so I've shifted my view to GS for a catchup trade with GS.


Feel free to give me your thoughts on the trade or the chart analysis.
Thanks!

-R
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