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Monday, September 20, 2010

New position Update - Goldman Sachs (GS)

Bought some Oct 165 calls (expire on 10/16) at 0.39 cents.
These are front month, 15 dollars out of the money and extremely high risk with very high probability of 100% loss.  But there is a very small chance that the stock could be at 170 by expiration.  If it does we are looking at about a 10 bagger. 

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