Here is an interesting trade idea..... It is a IC trade on GOOG with a possible 14% return for one week. The trade is from thu 1/13/2011 using options expiring on jan 21/22. The trade was shown as an "example" by a option guru of what is possible using a weekly option approach, it is an IC with GOOG. His plan is to close out the trade when the option spreads reach a pre-determined level that will net $1.20 against $8.80 margin. that is 14% return in one week. Trade was "placed" with GOOG @$616.70. 550/565p @$.65cr and 670/680c @$.70cr. He did point out that there is risk involved if GOOG starts to move against either short strike and you would need to be prepared to take corrective action if required.