Buying Swing: adding GS 170 calls May at 1.80 area OVERSIZED

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MMASSASSIN
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Buying Swing: adding GS 170 calls May at 1.80 area OVERSIZED

Post by MMASSASSIN »

Buying Swing: adding GS 170 calls May at 1.80 area OVERSIZED. this is the calls that we went 2x oversized into the day day of congressional hearings at 1.19 today this final add brings up the position to a aggressive 3X OVERSIZED holding. Here the bet is that GS is setting up to have a short covering bounce play this is a play that shuld last about 2-3 trading days and my initial target on the options calls is about 3.60 as premium and bounce takes hold.
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