SHORT GS AND TAKE 3 POINTS!!

The call premiums are crazy on GS - but so is this run, and shorting it srtraight w puts is killing me. I know - it is deadly to start saying "I'm gonna getcha" but this rally is ahead of itself even by crappy analysts who are making balsy calls like ' OK - I'll change my target from 189 to 245" - yes - 2 Days ago!. Wow. Pay the man.

SO _ one thing that does happen on these weekly rolls w this volatility is about 1.5 pts of premium gets sucked out between late Friday afternoons and early Monday Am. I just:
BEAR CALL SPREAD : SELL DEC 16 235 Calls, BUY Dec 16 240 Calls. PICK UP 3.5 ponits RR 2:1 risk $175