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3 Comments »
akalawoo (lawrence) on 20 Nov 2007 at 3:17 am #
Hmm … why bother about the direction of google. If you knew option, you can just strangle or straddle it to make tons of money no matter which direction google run. Only 2 things can failed this strategy. 1 is the IV and the other is when google do not move out of the break even point.
Anyway guessing google direction can be fatal
Jakob Dupont Knudsen on 20 Nov 2007 at 8:22 am #
I just looked at yahoo and it sure seems like you were right
So far, a small bounce. Let’s see how far it will go.
Jonathan on 20 Nov 2007 at 9:25 am #
@lawrence I agree with you on the option strategies and it’s something I’m looking into, but with trading and a blog, I’m running out of time
@jakob I expect GOOG will follow the market. Everything’s up today, but whether GOOG is a long term buy won’t be answered for some time.