GOOG next report

Quote from drownpruf:

Yeah, I don't trust it as I checked it earlier in the week and it wasn't listed on the IR page. I think they f*cked up and added it this weekend. Vols drop on Monday.


You know I had a feeling too.... damnit.

I don't think it will be a big shift either, but we shall see. Either way the 3.8% ATM straddle is not worth holding for an expiry right before earnings expiry.
 
Thought I would bump this thread after 2 weeks of no posts, earnings Thursday Jan 30.

How about going long the Jan31 weeklies on January 30? Calls? Puts?

:)
 
This thread has sat dormant for a week, time to bring it back to life. GOOG earnings this Thursday Jan 30, what to do?

The Jan31 weeklies will provide the most bang for the buck. Maybe buy some dirt cheap DOTM calls in the $5.00 range?

:)
 
This thread has sat dormant for a week, time to bring it back to life. GOOG earnings this Thursday Jan 30, what to do?

The Jan31 weeklies will provide the most bang for the buck. Maybe buy some dirt cheap DOTM calls in the $5.00 range?

:)

Aren't you tired of f*cking it sideways? Anyway, yeah, let's hear what you got.
 
December 26th, 2013, 06:35 PM

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.

I didn't enter this trade but it would have been profitable. GOOG was trading at about 1,135.00 just before earnings.


  • Buy 1 contract GOOG Jan31 1150 Call at $27.30
  • Sell 2 contracts GOOG Jan31 1190 Calls at $9.80 ($19.60)
  • Buy 1 contract GOOG Jan31 1230 Call at $4.90
  • Debit $12.80

GOOG is now at $1180.60 plus 3.95% after earnings and the position could have been closed for $27.20.


  • Sell to close 1 contract GOOG Jan31 1150 Call at $29.00
  • Buy to close 2 contracts GOOG Jan31 1190 Calls at $1.00 ($2.00)
  • Sell to close 1 contract GOOG Jan31 1230 Call at $0.20
  • Credit $27.20
 
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