GOOG next report

IV_Trader · Dec 26, 2013

The ATM straddle is once again stupid cheapâ¦only 4.8% with almost a month to go.
But the date is not confirmed yetâ¦errrrr.

drownpruf · Dec 26, 2013

Quote from IV_Trader:

The ATM straddle is once again stupid cheapâ¦only 4.8% with almost a month to go.
But the date is not confirmed yetâ¦errrrr.

There are oniy a couple of instances where they didn't go third Thursday. Go with the following weekly.

IV_Trader · Dec 26, 2013

Quote from drownpruf:

There are oniy a couple of instances where they didn't go third Thursday. Go with the following weekly.

that's the point...I am looking at 1/24 weeklies...stupid cheap, IF confirmed.

newwurldmn · Dec 26, 2013

I was looking at this On Monday. I don't think they report by jan expiry.
Jan 24th was more than 5percent when i looked at it last.

I think jan 24 is a sure thing for reporting.

IV_Trader · Dec 26, 2013

Quote from newwurldmn:

I was looking at this On Monday. I don't think they report by jan expiry.
Jan 24th was more than 5percent when i looked at it last.

I think jan 24 is a sure thing for reporting.

It was a hair > 5 on Monday, but now its a bit below on the mid (1120 strike).

drownpruf · Dec 26, 2013

Quote from IV_Trader:

that's the point...I am looking at 1/24 weeklies...stupid cheap, IF confirmed.

Well it's 100% inside the 24th.

IV_Trader · Dec 26, 2013

Quote from drownpruf:

Well it's 100% inside the 24th.

then its a very good trade [long].
BTW...these 5 new weeklies are GREAT. No need to wait for the old rolling weeklies.

FXforex · Dec 26, 2013

I think a fly with the body at plus 5% just before earnings with the wings at plus/minus $40.00 would be something to consider. I'm expecting GOOG to go up about 5% after earnings.

cdcaveman · Dec 27, 2013

Quote from FXforex:

I think a fly with the body at plus 5% just before earnings with the wings at plus/minus $40.00 would be something to consider. I'm expecting GOOG to go up about 5% after earnings.

Bad idea! by the straddle in the smaller size and be exposed to the windfall profit.. A short fly is just typically a bad play..

FXforex · Dec 27, 2013

Quote from cdcaveman:

Bad idea! by the straddle in the smaller size and be exposed to the windfall profit.. A short fly is just typically a bad play..

I was thinking a long fly. Buy the wings, sell the body.