Why in the world would they buy a car company of all things?
Car and iOS integration makes sense. Owning a car company does not.
Geecko can save 10% or more on your car insurance. Everybody knows that.
Yeah, but did you know that company Events affect any charting analysis? :-)
It's gonna get ugly later. Huge volume on 510 and 515 calls yesterday. Large OI on same, but LOW volume today. All the call volume is at 515 and higher. They will destroy those later today along with the 515 and 510s
I hope you shorted that 490 put. It ain't dropping that much tomorrow. It'll pin around 510 (even tho max pain is 515 as of today)
Being short after recent ER was pretty profitable. But yeah, generally being on a regular basis is bad with GOOG.
By neg ETF, I assume you mean short/bearish.
But 10 yr going to 3 suggest money moving into equities instead of bonds (bullish)
Could be jobs report will be a blow out? ADP slightly missed but construction was up.
Pretty consistently it does this:
- Friday close-Tuesday Close (up)
-Wednesday close - Friday close (down)
Exceptions: Icahnn or Einhorn (sic?) farts, uh, I mean tweets something
Other Events like earnings, product, etc.
Monthly op ex-- #$%$ shoot
Max pain today was 515. Heavy volume on 510s (both calls and puts). Large volume on 515 calls too. OI on 510 and 515 calls is high as well.
So IMO, what you're seeing is buying pressure b/c of the 510 and 515 calls and small run-up pre-ex div (as is typical). Typical closing of options didn't happen to day I'm guessing.
But expect a drop tomorrow or monday b/c of div and to burn the calls.
Talk about totally destroying the brand if they did that.
Their whole thing is an integrated/packaged experience from the OS to the HW.
They don't sell OS X for use on non-apple machines. iOS runs on one brand of HW-- Apple.
Although I'd wager that if they did sell OS X to run on PC HW, they'd do well. Of course that would also eat into their HW revenue.
Apple needs to focus on NEW products, not games to fart around with the stock price.
Put that cash to work to drive revenue. The rest will take care of itself.
What is OTM between now and tomorrow is a anybody's guess. But most options will be way down tomorrow regardless given the hype on earnings.