The rally in Goldman just smacks of someone caught on the wrong side, who was being "taught" a lesson by Mr. Market.
I'm not buying it.
On Monday, Goldman wouldn't even come in, and the stock flat-lined at 107 until the last hour, when it ran into the close. Today, you had the same funky bid action until 115, when the buyers just disappeared.
If Goldman opens up tomorrow, I like shorting the April 120 calls on Goldman at around 5.
I just don't think this number can make me sweat at these elevated levels.
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