Closed out GS today after the stock as the stock began pulling back this morning. Had the 190 and 200 put calendar. Though its in the sweet spot now its better to get out before it makes a strong move.
The profit was not easy to get because the stock moved 20 points since I opened the trade.
Lessons learned: Be patient, roll with trend, take profits
Tuesday, May 06, 2008
GS calendar 21% gain
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GS calendar earnings
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