Then analyzing the options chain of GS The Goldman Sachs Group prior to the earnings report this week, I would consider purchasing the 330usd strike price Calls with an expiration date of 2023-7-28, for a premium of approximately $5.55. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Trade closed: target reached
GS reached $345.88 after earnings, and the calls went from $5.55 (when I wrote this article) to $15.90 at some point, resulting in a beautiful 2.86X gain! Congrats to those who held the calls!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.