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Google Inc. Message Board

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  • steve.kandalam steve.kandalam Jan 16, 2012 7:20 PM Flag

    Think we are setting up nicely

    if GOOG ends at 645 on the 19th-as I expect it to be- a 700$ target on the 20th is reasonable- the ATM straddle will be close to 50$- and during expirations prices tend to move closer to the Highest OI- and also it ends in a zero.I will wait till the 19th to add to my position-which is the 680/700/720 bFLY.
    Goog typically takes out the previous high on earnings(it tends to fill the gap within a month of earnings!
    I feel a 700$ price target with a 80 cent beat is reasonable!

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