GS October $175 Calls: New Aggressive Trade

Goldman Sachs (GS) was hit during the market turmoil after reporting stellar third-quarter earnings last week. However, the stock is fighting to recover its 50-day moving average and I believe there will be further gains ahead once it does. Buy to open GS October $175 calls (exp. 10/31) at $6.30 or under. Please note that there is a wide spread for the option, so stay disciplined and do not chase it if it spikes above our buy limit. This is an aggressive trade.