GS
Q1 2009 Goldman Sachs Earnings Release
$ 1.35 EPS Estimates
$ 3.23 Prev. Year Actual
16-Mar-09 - 26-Mar-09 Date and Time (ET)
Earnings for GS are due out Before The Open on March 18, 2009. March options have a week left before expiration and we typical do not do the front month during earnings week, however, look at the charts and pick your battles. This is like a lottery ticket, which every side is profitable take your profits and move on. Straddle purchase as follows:
GS Mar 85 Calls for 2.73 with a delta of .31 for every dollar the underlying stock moves.
GS Mar 65 Puts for 3.00 with a delta of .25 for every dollar the underlying stock moves.
or
GS Mar 90 Calls for 1.52 with a delta of .20 for every dollar the underlying stock moves.
GS Mar 60 for 1.99 with a delta of .16 for every dollar the underlying stock moves.
