GOOG Disappointment Either Way

Quote from DeepFried:

They beat on EPS and revenue.

Monday's movement will be the most interesting to me.

Anyone do a max pain analysis on this thing?

I assume its either 470 or 480.
 
Quote from Mvic:

http://www.marketwatch.com/news/sto...3D2-7B58-44E7-A9F4-DD4644213CD7}&siteid=yhoof

They missed huge on EPS if this article is right.

Yeah, it depends on which number is "real."

Bloomberg says:

"The shares gained after Google said today that net income increased to $1 billion, or $3.18 a share, from $592.3 million, or $1.95 a share, a year earlier. Sales excluding revenue passed on to partners rose to $2.53 billion, and profit before some costs exceed analysts' estimates....

Profit, excluding stock-based compensation costs, was $3.68 a share, Google said today in a statement. Analysts on average had estimated $3.28, and sales were in line with the $2.5 billion average of 24 projections in a Bloomberg survey."
 
Quote from scriabinop23:

Monday's movement will be the most interesting to me.

Anyone do a max pain analysis on this thing?

I assume its either 470 or 480.

Max pain doesn't exist.
 
Quote from atticus:

Max pain doesn't exist.

Well I agree it doesn't exist from the perspective usually of a big bad guy selling options making sure they expire worthless.

But often a large open interest at certain strikes might stimulate options to pin to a strike as stock hedges are removed at expire (as option positions are unloaded).

hopefully we get to 500 tommorw. my 480/500/520 is in the zone as we speak. i need to get to 488 to entirely finance all my other butterflies though.
 
Quote from scriabinop23:

Well I agree it doesn't exist from the perspective usually of a big bad guy selling options making sure they expire worthless.

But often a large open interest at certain strikes might stimulate options to pin to a strike as stock hedges are removed at expire (as option positions are unloaded).

hopefully we get to 500 tommorw. my 480/500/520 is in the zone as we speak. i need to get to 488 to entirely finance all my other butterflies though.

I'd wish neutrality for you if I wasn't long the Apr/May 470 put spread from 500. I think we settle in the 475-480 range by tomorrow's close.
 
From GOOG weekly chart, if GOOG is strong enough tomorrow, the very top of the trend channel is at exactly $500 for this week.

Cheers!

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Quote from scriabinop23:

Well I agree it doesn't exist from the perspective usually of a big bad guy selling options making sure they expire worthless.

But often a large open interest at certain strikes might stimulate options to pin to a strike as stock hedges are removed at expire (as option positions are unloaded).

hopefully we get to 500 tommorw. my 480/500/520 is in the zone as we speak. i need to get to 488 to entirely finance all my other butterflies though.
 
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