GOOG today

I need to do more research on this, but Yahoo is adding a new service to their website...something about on-line movies... Maybe that will help even if earnings are weak?

- Nathan
 
Me too. Some day this stock will go down to the 100 - 200 range (to a market cap like YHOO).

To be very honest with you, I don't know when it does. It can be that GOOG goes up to 500 first. I just shorted the stock @ 400 and wait.

I know this is not really the professional way of trading. However, I'm also happy with unprofessionally earned money.
 
Goog has been a good credit spread play for the past couple months.
In June I did 360 / 350 put spread...cashed in on expiration.
For July I am sitting on a 460/470 call spread...waiting to cash in on this too...

After exp. if goog drops around 370, like it did last month, I will set up with the put spread again..around 430, a call spread.

Just have to watch for the rolling pattern to determine the direction.
 
Lots of sellers today ahead of YHOO #s.

Given the market conditions, Middle East, I think it's SELL first, then buy later if earnings are good....
 
Quote from jllm03:

Goog has been a good credit spread play for the past couple months.
In June I did 360 / 350 put spread...cashed in on expiration.
For July I am sitting on a 460/470 call spread...waiting to cash in on this too...

After exp. if goog drops around 370, like it did last month, I will set up with the put spread again..around 430, a call spread.

Just have to watch for the rolling pattern to determine the direction.
More...

Is your two month record luck or skill?
 
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