{+++}
We are going to take a small bet to the short side.
I was originally looking at bear call spreads, but because the volatility environment is too low, the risk/reward no longer justifies that trade. Instead, we will be looking to profit on a retracement lower along with a rise in implieds:
This is limited risk, limited reward and it makes money if GS trades around 105 within the next few weeks.
A stop on a close above 122.50 will define our risk at -150 and we're looking to pull 300 out of the trade.
