buy goog 600$ calls

[MrSer]

atm goog is going for 566$ earnings is next week and they will report good earnings and good guidance. Buy the 600$ calls for feb 08 and thank me later. :)

[wallstreetsedge]

not bad but the open interest on puts are pretty high and the most recent up day wasnt on great volume which could be a fake push for put buyers to get in. to be honest, id rather be short here or just not play it. count me out on this one

[MrSer]

we'll see thursday

[wallstreetsedge]

what makes you think theyre going to beat earnings?

[MrSer]

I did not get into the calls yet, i will sometime tomorrow or Wensday.

[Rambis]

bearish chart

going down

[mikeydabbles]

atm goog is going for 566$ earnings is next week and they will report good earnings and good guidance. Buy the 600$ calls for feb 08 and thank me later. :)

In my humble experience, whenever GOOG options plays seem like a sure thing, you are about to get hammered.

I legged into a short bull call spread months ago when the stock was rising far above the $600 range, expecting it to cool down. I was stopped out of my position early and then watched GOOG shoot to about $700, thanking God I set tight risk parameters.

With options on a stock like Google, caveat emptor

[MrSer]

Going to tank. NVM. Even if the earnings are good still will go down a few points and if the earnings are bad will tank 50-75 pts.

[wallstreetsedge]

i think we could get a nice run intra day but id probably say get out before lunch