GOOG earnings this Thursday, Calls or Puts?

GOOG Google getting hit hard intraday, down 3 points the last few minutes (303.61 -5.09) -Update- -Technical-



I doubt anyone has the balls to hold long GOOG ahead of earnings....
 
Quote from IV_Trader:

very , very low IV before report , maybe they betting on non-event here. Adjusted ATM (310) straddle is only 12$ . That's represents only 3.8% from nominal , the lower I ever saw on GOOG before report. We shall see

I am out with 10$ profit on straddle
 
I'll confess. I loaded the boat on goog puts. I've had a great run so I decided to "invest" 30k into this punt.

Bought 500 of the 280 puts and 70 of the 290 puts. If goog had hit 270, like I thought it just might, would have cleared a nice 625k. Oh well.
 
Back
Top