I agree. Not a good sign for a fad stock when an outperform 235 target is announced and inspires zero movement in the stock price. With 80% earnings growth already factored into the price, is hard to imagine what could push GOOG any higher at this point. I just sold 50 contracts of the Jan 200 call for 3.20. I'll be surprised if it doesn't net $4K today.
Call me a daytrader for the first time. Not proud, but I didn't want to be greedy, either. I covered the Jan 200 calls in about 100 minutes and walked away w/$4K. I'll stand by and watch what happens to my long-term short position for awhile now.