GS momentum to downside? Mar/28/2013

April/08/2013: Closed for $4.30 ($1.65 profit) .
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Been waiting for banks to slow down from the last many weeks. GS made some decent push lower and I am looking for continued weakness going towards it's earnings. Earnings is scheduled for May expiry, so this is not a trade for earnings. My trade below:

GS Daily chart

GS Weekly chart

Goldman Sachs Group, Inc. (NYSE:GS) butterfly:   
Buy 1X $150 April monthly put
Sell 2X $140 April monthly put
Buy 1X $130 April monthly put
(Debit $2.65)  

*Please do your own research before buying any stock listed here. Disclaimer.
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