despite the potential negatives (positives for the market? in question) from this double click deal, I have a feeling google is going to surprise big on the upside this upcoming quarter.
Aside from the street tending to undershoot their estimates, there's something else big going on (besides the stock has NOT moved anticipating upside). Remember almost half of google's revenues are out of the US, and they do business in local currencies. I have a feeling their extra-usd currency exposure may immensely help revenues.
anyone buying relatively cheap May calls into this earnings? Honestly, considering how much this stock lacked volatility this past q, i really wonder how much IV is going to drop on May and forward months if we get a decent move.
It definitely doesn't seem like an earnings to sell vol into.
Aside from the street tending to undershoot their estimates, there's something else big going on (besides the stock has NOT moved anticipating upside). Remember almost half of google's revenues are out of the US, and they do business in local currencies. I have a feeling their extra-usd currency exposure may immensely help revenues.
anyone buying relatively cheap May calls into this earnings? Honestly, considering how much this stock lacked volatility this past q, i really wonder how much IV is going to drop on May and forward months if we get a decent move.
It definitely doesn't seem like an earnings to sell vol into.
