Have no idea How Google is going to be going up when they announced late Friday that they would miss most analysts estimates....I guess no one Cares or reads what the company said.....so expect more pain......just saying
There was no reaction on Fri to this news because that's related to Motorola.
Google Nexus outselling IPadin Japan. Google is dirt cheap here.
We shall see!! I'm assuming my bet is a total loss because it's heads or tails making a guess into earnings. If this was 745 I would place no such trade. The 705 straddle is priced for a 6% move giving us 40 point move to 665 or 745.
That's what i think too......people don't know that GOOG already warned about the earnings last week. Why do you think it dropped $40 in no time? I think if it misses today, we will see $610 or $620 for sure.
I really doubt that goog will beat. Motorola home division is making losses faster than GOOG can make money.
Exact position is actually short this weeks 760 and long next weeks 740. For only a dollar more per contract you can extend your option 1 week. GOOG will move to all time highs short term on a blowout Q. If GOOG fails to do what I anticipate selling the 760 saves me some cash.