uh?
what on earth are u gonna do with those calls, expiring in few days?
The premium u paid is gonna go f**k even if the common is gonna kiss the strike at exp: theta pressure will make sure that they won't gain a dime.
waste of money.
Definitely he knows that he is a kind of gambling and if he loses he won't hit his head to the wall!! I believe he is right and GOOG can have a big swing that might surprise everyone If GOOG closes at 362.5, he will get almost 500% gain in 3 days!!!.
By the way the guy who wrote an article about GOOG that it is overvalued is a kind of backing off and saying that he said this when GOOG was at 475 and his article was published later. That might have a positive effect on GOOG. I could also see the buying pressure from Wednesday.