I sitting here watching my Nov 160 Puts and 185 calls decay big time. Hindsight is 20/20, but all I see right now is how stupid my trades were last week, and right now, at $170, I'm not entirely sure where this will drift over the next few weeks.
These stocks normally do well doing the holiday season. The weekend after thinksgiving it will start pushing upward!!! Play the probability (downside variation will be reduced) with these seasonal stocks.
Seems like the VERY early signs are showing that doubling the float really has made this stock more stable. There probably won't be as many GOOG options millionaires/paupers made from here on -- definitely not after March. I'm thinking of writing some calls, but not buying more puts after this. Right now the premiums are based on past volatility -- which is obviously very exaggerated.