If it does, I'm barely involved. Sold 2500 at 112.5 today. Just felt like too much too soon. Bought back 500 at 109.1 in the after hours. I have 4k left. Just trade around this core position and probably sell some more soon. Don't like longs. I shorted more SMH and SPY today. Check out my donuts!!! Good day there?
For the GOOG short wanna be's GOOG Options come out Friday at the CBOE and all the other exchanges. Here is the problem, or opportunity. Since the stock is difficult (to impossible) to borrow, call/put parity is temporarily out the window. Could be interesting to see where put vol's are compared to call vols. My early guess - puts 20% higher. Could be nice opportunity for put premium sellers to step in. Shouldn't have to go out far in time to collect some $$. This weekend saw a market pundit I like say GOOG doubles in 12 mos. LEAPS? kny3
%%%%%%%%%%%%%%%%%%%%%%%%%%%% Concerning medium time frame trend probabilities statement; SMH have is much weaker than DIA,SPY & related. IBD had interesting article on GOOG yesterday; was the first lock up expiration 2 weeks from today????? Actually use YHOO & ASKJ more than GOOG . .; mighty convenient of Goog not to issue quarterly profit statements [IBD source] I include them but not limited to [natural pills] Hawthorn berries for my heart health; excellant risk reward.