GOOG options just for fun...

Discussion in 'Stocks' started by scriabinop23, Apr 15, 2010.

  1. Bought an Apr 610/620/630 call butterfly for 1.25.
    And a May +600/-610 call vertical spread for 4.20.

    Will sit in the May spread for a few weeks if necessary, and the Apr is a lotto ticket.

    Obviously I think the stock is going to 620, but if I'm not immediately correct, have a little time for my case to play out.
  2. Trade posted in advance almost never work out.

    The ones posted after the fact are 100%
  3. Tell me about it. You'd think in a market that can justify a $650 BIDU, a 22 next 4 quarter multiple wouldn't be a stretch. Well I have a while to sit in this trade. Too bad the butterfly didn't work.