How much do they pay John Dvorak to write this crap?
http://www.marketwatch.com/news/story/Story.aspx?guid=%7B0439DB6A%2D537F%2D4613%2D8539%2D343897EA8501%7D&siteid=
Was about to pull the trigger to long this morning but my gut feel told me not to. August is too casino like with most of the big boys on vacation. Probably won't trade again until Sept.
Short straddle on GOOG on expiration day at around noon. Close the trade at market on close. Both legs expired near worthless and I pocketed all the premium. :D