Thursday, July 15, 2010

GOOG earnings play

In case you didn't know, GOOG reports after the bell today. I will be looking for an earnings play tonight based on the new weekly options available for it which will be released tonight. In case you didn't know there are a host of other underlyings with weekly options now. For more info go here. At this stage I'm thinking of an broken wing butterfly or an unbalanced 1-3-2 butterfly. We'll see if I can get one on for a credit or not tonight. More later.........

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