Goog to go over 700 Tomorrow After hrs
Started by
saltlake
, Oct 17 2007 04:25 PM
4 replies to this topic
#1
saltlake
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Posted 17 October 2007 - 04:25 PM
Just a fearless Forecast.
Also Isrg earnings tomorrow should be interesting.
#2
hiker
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- TT Member*
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independent trader
Posted 17 October 2007 - 04:29 PM
I know you are biased on GOOG...so what level of confidence do you fairly place on this forecast, since you know it is a guess.
#3
eminimee
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- TT Member
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I don't care who's fur is flying...
#4
saltlake
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Posted 17 October 2007 - 04:52 PM
Hiker, Ive got a monster modified straddle play going biased to the upside. Ill explain later. Ive got to take off right now.
#5
saltlake
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Posted 17 October 2007 - 08:26 PM
This is my trade for Google. Ive got a boat load of october call options and I have a huge november modified straddle( Im buying 2 calls for every one put option). I have the oct calls just because if it makes the move I think its going tomorrow I want to take full advantage. I have the nov straddle because I want some kind of hedge in case Im wrong. The worst thing that could happen to this trade is if goog were to do nothing after earnings and trade flat for a month.
One way or the other goog should make a huge move tomorrow in the after hrs that should continue into monday. Just look at the options sellers, They are very complacent for a $630 stock only expecting less than a 5% move.
