Outta GS with $2k profit

I wouldn’t know what to do with myself if I let the profits from GS escape me for another week. Last time I could have taken advantage of the sale I didn’t which wound up making me question my trading prediction skills, which should never happen. Ever. So I did what I always do, I sold all the options I had at once.

GS isn’t ready to settle yet and I’m sure that it could still drop another $5-$10, but I’m not in the position financially to wait for that to happen. And since I’m in this to make money quick, it’s out I get and wait for another chance to enter and make some money.

Sold:
GS Apr08 $170 put (GPYPN), 5 @ $11.00
Entered 3/19 @ $6.20, exited 3/28 @ $11.00
77% profit for +$2,390
stock price entered $177.01
stock price exited $164.06