Expiration: July 15 (59 days out)
ATM: $155.36
Sell 145 Strike Put
Buy 140 Strike Put
Credit: $1.05
Close the order for 32 cents
The reason for this trade: GS is very close to support level (one year low) of $139. The stock is about to cross the middle of Keltner channel and we have about $10 safety zone.
Delta on the short leg is 19%
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