Mike Khouw's Goldman Sachs (GS) Trade

Carter Worth analyzed the chart of Goldman Sachs GS on CNBC's Options Action. He spotted on a long term chart a well defined head and shoulders bottom, and his presumption is that Goldman Sachs (GS) is going to move higher. Carter Worth believes that Goldman Sachs (GS) will move $10 higher to $185. Mike Khouw is also bullish on Goldman Sachs (GS), and he wants to use options to get some long exposure in Goldman Sachs (GS). He wants to buy the February 170 call for $7.90, and sell the February 180 call for $2.85. This trade would cost him $5.05, and the most he can win with this trade is $10. His loss is limited to $5.05. Goldman Sachs Group, Inc. (GS) jumped 2.00% on Friday, and it closed at $175.00.