Move into margin. Can't pass this up. Now goog only has to go to 530 for me to break even I'm serial.
20 shares, 10K of margin Will we close at 520+? Probably I bought some at 550 yesterday and some at 511. So If it goes to 530 I'm break even .
It crashed early on heavy volume, now is floating up on light volume. Get out now. It will be punished this afternoon.
If GOOG breaks 518.32 the odds are 62/20 it will be a low first day and given the relatively heavy put OI at 520 it should close above 520 (but who the fack knows - not me). Quite frankly as someone who trades GOOG intraday I really don't care what it does in the sense of which way it goes just as long as I'm on the correct side of any move, e.g., Phantom of the Pits rule #1; Let your winners run and keep your losses small and (ever so) quick. lj