Friday, June 17, 2011

GOOG and OPEX

Personally I don't like trading options unless they are for short term moves.


Looking at the GOOG chain for calls, with the largest open interest at $510 and then $500 with big volume in the $500s today, is it any wonder GOOG is trading like it is?


Current price-$489.59-both the $500's and $510's are smoked.

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