This would obviously be for a short term trade as GS is one of the core short candidates and an open core short via equity so a call can even be used to hedge and if we are right, it's extra money as well.
I'm looking at adding a November $160 call, but it will be fairly small because of the exposure to XLF and FAS already.
I'll get some charts up ASAP, but this is one of the few that I've seen this morning that I feel comfortable with, despite what the probabilities say.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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