Goldman Sachs (GS) Offering Possible 16.55% Return Over the Next 15 Calendar Days

Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $232.50 short put and a strike $227.50 long put offers a potential 16.55% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $232.50 by expiration. The full premium credit of $0.71 would be kept by the premium seller. The risk of $4.29 would be incurred if the stock dropped below the $227.50 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Goldman Sachs is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Goldman Sachs is bullish.

The RSI indicator is at 78.72 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Goldman Sachs

Goldman Sachs Honors Volley.com CTO Carson Kahn for Entrepreneurship
Tue, 31 Jul 2018 12:30:00 +0000
Goldman Sachs (GS) will recognize Carson S. Kahn, founder and CTO of artificial intelligence firm Volley (volley.com), as one of its 100 Most Intriguing Entrepreneurs of 2018 at the bank’s prestigious Builders + Innovators Summit in San Francisco. Goldman Sachs will celebrate Kahn among entrepreneurs from multiple industries to be honored at the three-day Summit.

Apple Pay To Have Most Customers: Juniper
Tue, 31 Jul 2018 12:11:00 +0000
With digital payments starting to grow in the U.S. Apple Inc. ( AAPL) stands to benefit the most from increased usage of Apple Pay, its digital payment platform. The researcher expects in-store contactless payments to hit $2 trillion by 2020, accounting for 15% of all point of sale transactions. Among the players that will drive the market, which includes Apple Pay, Samsung Electronics’ Samsung Pay, Alphabet’s ( GOOG) Google Pay and other OEM pay wallets, Apple will account for one in two digital payment users around the globe, Juniper predicted.

Cryptocurrency Daily Roundup July 31
Tue, 31 Jul 2018 12:00:10 +0000
South Korea to end crypto tax breaks South Korea revealed plans to end crypto exchanges’ tax breaks. The news caused major cryptocurrency prices, including Bitcoin’s (BTC-USD) to tumble on Tuesday. The authorities used the excuse that even though the crypto market is growing rapidly, trading platforms are not offering enough security to end users. so […] The post Cryptocurrency Daily Roundup July 31 appeared first on Market Exclusive.

Goldman Execs to Win on Financial Crisis Options
Tue, 31 Jul 2018 11:35:00 +0000
In an effort to retain key executives and board members during the financial crisis of 2008 and 2009, Goldman Sachs Group Inc. ( GS) issued stock options to 350 executives and board members. With the options set to expire later in 2018, the options' holders, many of whom are no longer with Goldman Sachs, are set to collectively rake in $3 billion or more, underscoring the meteoric rise in financial companies' stock since the Great Recession. According to a report in the Wall Street Journal, citing regulatory filings, among the executives who will be able to cash out is David Solomon, the incoming chief executive of the storied Wall Street bank who was awarded 27,000 options during the financial crisis.

CEO confirms Credit Suisse seeking Saudi banking license
Tue, 31 Jul 2018 10:14:47 +0000
ZURICH (Reuters) – Credit Suisse (CSGN.S) Chief Executive Tidjane Thiam personally travelled to Saudi Arabia to apply for a banking license, he said on Tuesday, confirming Reuters information the Swiss …

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.