...this is exactly why it's not a good idea to buy calls so close to expiration. It's unlikely, but not impossible, that goog will get high enough by next Friday to let you breakeven, let alone profit from those Dec 430s. On the other hand, 430 and higher by end of year is a no-brainer.
agreed. I am long as well. Leaps and some Junes deep in the money, and prepared to ride out any turbulence on the way up. after Jan earnings, it will be Katie bar the door to $500 and more in 2006. In fact, GOOG will be trading with a leading digit of 6 next year, and it will not be 60... 600 in 2006
Going forward...the prompt month options are nothing but palying with fire. The best way to make money in this is to buy put leaps two years out at $5 and let it go to $25 and then trade again for further out leaps!!!