Goldman Got Paid From the Chaos. Here's How Options Traders Can Too.

Options trading strategy, earnings analysis, and Goldman Sachs stock reaction are the focus as tastylive's Cherry Bomb breaks down one of the more confusing prints of the morning, a bank that beat estimates and still got sold off 4% before the open. The trading desk crushed it, investment banking held up, and yet Goldman was the only major bank in the red while JPMorgan, BofA and Morgan Stanley all held green. The culprit: a cautious outlook and an S&P that was already down $80 on Strait of Hormuz uncertainty. Now the stock is rallying back, IVR is at 41, and the skew is pointing upside. If you're bullish on continued market volatility feeding Goldman's trading revenue, here's how to think about a defined risk entry. Helpful links: tastylive: https://www.tastylive.com/ FREE tasytlive Newsletters: https://info.tastylive.com/newsletters FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 Follow tastylive on X (Twitter): https://x.com/tastyliveshow CHAPTERS: 00:00 Goldman Beat Estimates and Still Got Sold Off 00:23 Trading Desk and Investment Banking Both Had Strong Quarters 00:47 Why Volatility and Rebalancing Drove Goldman's Revenue 01:06 Why Was the Stock Down If Earnings Were Good? 01:24 S&P Down $80 Pulled Goldman With It 01:43 Goldman the Outlier: JPMorgan, BofA, Morgan Stanley All Green 02:00 What Does the Drop Mean for a Trader? 02:11 Options Setup: 32 Days Out, IVR at 41, IV at 32% 02:24 Reading the Skew: Calls Priced Higher Than Equidistant Puts 02:38 Skew Points to Upside Risk in Goldman 02:46 Bullish Setup: Selling the 855 Put Spread 03:01 If Past Is Prologue: Volatility Feeds Goldman's Revenue 03:22 Manage Your Risk and Size the Trade Appropriately #cherrybomb #tastylive #goldmansachs #gs #earningsoptions #optionstrading #impliedvolatility #bankstocks #tradingstrategy #earningsreaction tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading