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Old 01-28-2008, 12:08 AM   #1
MrSer
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Default buy goog 600$ calls

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.
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Old 01-28-2008, 03:48 AM   #2
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Default Re: buy goog 600$ calls

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
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Old 01-28-2008, 03:37 PM   #3
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Default Re: buy goog 600$ calls

we'll see thursday
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Old 01-28-2008, 04:20 PM   #4
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Default Re: buy goog 600$ calls

what makes you think theyre going to beat earnings?
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Old 01-28-2008, 07:44 PM   #5
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Default Re: buy goog 600$ calls

I did not get into the calls yet, i will sometime tomorrow or Wensday.
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Old 01-29-2008, 12:16 AM   #6
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Default Re: buy goog 600$ calls

bearish chart

going down
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Old 01-29-2008, 09:49 PM   #7
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Default Re: buy goog 600$ calls

Quote:
Originally Posted by MrSer View Post
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

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Old 01-30-2008, 06:47 PM   #8
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Default Re: buy goog 500$ puts

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.
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Old 01-30-2008, 10:52 PM   #9
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Default Re: buy goog 600$ calls

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