he says he is on the fence but thats a load of crap. he prolly has puts and has been waging a campaign of hysteria to agitate the readers here into thinking.. well, I'm not really sure. Seems he has alot of nervous energy and maybe a little experience in psy ops or something. He's a kook for sure.
you'll be way better off if you just sell the calls because IV will diminish and you make better money on the sell of the calls rather than buying the puts on your bearish prediction. I believe that since goog has been sideways for 5 months now and we have a good idea that earnings will be good (yhoo)(ebay)goog is going to be moving to higher ground but we all know that time will only tell. Im long with a bull call spread of 350/370 for 200% profits + at a cost of 1.05. I hope Im right on this one.