Trading options during at earnings is a crap shoot at best. GOOG is down over $50 after missing earnings today.
If you look at history GOOG has gone down in price over 80% of the time after it reports earnings in Jan. GOOG just missed earnings and is down...
The world of option trading is full of illusions and one is better off not putting a dime of real money in option trading until they are ready....
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