buy a 480 call and keep it for a few days just to see if the common shoot up. i after a week the sob is still flat or slowly goin' down [i dont think is gonna tumble hard] get rid of it.
u should have bot day after report tho: goog has a history of runnin' up big days followin' earnings realease...why did u wait so long[?]
Well, maybe I have the wrong definition of a Nov 460/470 Credit Put Spread....
Doesn't that mean that you are short the 470 put's/long the 460 put's?
If it does, then I stick by what I said. I gotta believe the upside is limited for a little while after that huge spike it just had.
It would take another great headline to make it move more.
I think it will be quiet to trailing down for a little while, and 470 is WAY too close. Yer one bad headline away from getting burned big time.