LAST RECO ON GS - SHORT AT THE MONEY PUTS w 1 day to Go

Tough to swallow but GS trading over 241 aq t time of reco..

That's right. If you have been having a great year and are as frustrated and stupid as one can get when a position goes 180 on you -- BUY 237.5 PUTS expiring tomorrow, DEC9 at .73

The god damn stock can add 10 points in a couple hours p and has practically been doing so for a month. The reason I did the bear call spread before this is there are a ton of open interest in calls under us here - and I say these market makers work it backwards to neutralize a few strikes tomorrow.

Plus --enjoy a moment to pay as little premium as you ever will this quarter in an option that's almost at the money (key word - almost) as technically we are 3.5 points away right now - but c'mon. .73? I bought 20, call it my last hail Mary is i have 4 weeks to let these other puts work. I'm not adding furher after this - and still believe these trades will work. In fact - the chances of a 10 to 20 point pullback in a day at some point in next few weeks is over 70pc...

This is for aggressive traders who. presumably, have some profits they are willing to PLAY - CALL IT CRAPs, as at least I think you have max ODDS ON THIS THROW.

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