Well the call options were very much in the profit zone for today. Price closed on the daily chart above the 10-day, 50-day MA. There looks to be some minor resistance at the 20-day MA. Will see if this hold for Wednesday, there are alot of thing in the news on Wed. Market-to-Mark is to be look at; Ben stated this morning he would not support it. Asst Treasure is speaking at 10AM ET. VIX is below 50 and currently at time of writing in the 40's.
GS (GOLDMAN SACHS GROUP INC)
85.28 +11.33
Mar 11, 2009 @ 01:17 ET
Bid 83.25 Ask 0.0 Size 1x0 Vol 35007177
09 Mar 85.00 (GS CQ-E) 5.35 +3.60 5.30 5.40 3935 8717
09 Mar 90.00 (GS CR-E) 3.05 +2.15 3.00 3.10 4516 20662
Interesting thing about C is that if I was getting money from the government, I better show a profit in the first couple of months or weeks, if I had received this money, or I would likely not get more as my counterpart AIG did. Let back everything out "Government Money" and let see what we have; pretty much same thing.
