Why I Didn't Play Google Yesterday
I received several e-mails and tweets yesterday asking if I was once again playing the mighty Google (GOOG) into earnings and, if so, what was my preferred play.
It's a delicate situation with options. The stock generally moves 6-7% after earnings and with option prices relatively cheap (we'll talk about that a bit later) then it seemed worth a shot to get paid. I've made some good money playing Google in front of earnings in the past, a 1000% winner in Oct 2010. But, I'm particular on this name simply because it gets too much love or hate at these moments and I prefer to be on a position when most have no idea what the reaction will be....277 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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