I personally have no idea. I just bought some otm calls and sold some further otm calls... but, quite frankly, I think I'm just throwing my money away.
GOOG today
- Thread starter Walther
- Start date
I personally have no idea. I just bought some otm calls and sold some further otm calls... but, quite frankly, I think I'm just throwing my money away.
Well, I have several very aggressive option positions on GOOG,
almost too aggressive, but anyways...
watching price movement after yesterday's hard retreat,
today seems rather calm, especially with being down today.
Maybe everyone's placed their bets and sitting tight...
Maybe the numbers are known (that doesn't happen, does it?), and everything is priced in..(God I hate that phrase...).
Who knows.
I just remind myself to divide the movements and price by ten on a stock at these price levels...
ie, think of GOOG as a $42 stock, and a $3 move as a 30 cent move.
almost too aggressive, but anyways...
watching price movement after yesterday's hard retreat,
today seems rather calm, especially with being down today.
Maybe everyone's placed their bets and sitting tight...
Maybe the numbers are known (that doesn't happen, does it?), and everything is priced in..(God I hate that phrase...).
Who knows.
I just remind myself to divide the movements and price by ten on a stock at these price levels...
ie, think of GOOG as a $42 stock, and a $3 move as a 30 cent move.
Well, there's a bold prediction...
that's a real narrow range....
I am no stock trader but I do watch things and I will give you my "gut" feeling and that is I think GOOG is on it's way to $500.00 in the very near future but I honestly am sick an tired of google ads and ad sense.
Someday, on some earnings report, google will truly disappoint and it will get smashed like never seen before but I don't think that time has arrived yet..but I do think that will happen in 2007.
That is my gut feeling.
