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UDAY_C_Santhakumar
Dec 15, 2014 12:49 PM

GS - Open Interest Evaluation 

Goldman Sachs Group, Inc. (The)NYSE

Description

If Price Closes within the range, The Pain could be closer to 100M, in Options Premium. If it breaks Lower limit, there will be a quick rally, because of option defenders.

Similar to the linked post.

This particular setup I look for is hard to find. So far I do not have a scan. Would be awesome if one exists.

GL folks
Comments
UDAY_C_Santhakumar
Here is a free course from Karen Supertrader - optionstradingiq.com/butterfly-spread-course/

- Free webinar, don't buy any thing that's being marketed and blame me.. Free webinars are good.
UDAY_C_Santhakumar
Was it painful holding through past two days? Of-course it did Pain. The Potential for Butterfly still exists.
UDAY_C_Santhakumar
If you guys need a good visual indicator, thinkscripter has something for tos. We do not have the data on tradingview, or it could be that, i couldn't code.
ChrisMoody
Nice Post...Thanks
UDAY_C_Santhakumar
Thanks..
Alphaoptions
I presume you are referencing independent sources on finding the option pain points. Is there a source that has proven worthwhile?
UDAY_C_Santhakumar
I take a quick look at the TOS option screen. May be, I will build a site to scan for this. Just need to collect option data, and the database cost is scaring me. If I do, it will be free.
UDAY_C_Santhakumar
Well, Based on my calculations, Market is to go bullish. Though its a bit too early. Index options carry heavy weights.
UDAY_C_Santhakumar
Bullish in Jan
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