GOOG Earnings:
July 20, 2006 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).
July 20, 2006 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).


Quote from jllm03:
When I entered the spread before noon Friday, GOPGL (460c) was @ 3.0.
GOPGG (470c) was@ 1.6 for 10 contracts each.
I received $2965 credit for the 460 and paid out $1600 for the 470.
If it stays below 460....I am happy...I get to keep the Credit.
If it gets near 460, that will be close to my breakeven point, and I will buy it back.
I love to do my spreads on a Fridays with only 1 or 2 weeks left...Time decay is my Best Friend...![]()
Quote from jllm03:
Well. it is close on Friday and 8 days left on the options...
My 460c / 470c are sitting pretty good.. .(40/.25).
Take off a little time decay for the weekend.
Will probably let the the 460 call expire, unless a big move to around 430 or so, but I do not see it getting there.