Showing posts with label GOOG. Show all posts
Showing posts with label GOOG. Show all posts

Afraid To Trade:

Friday, January 4, 2008
Google has been a leading stock in 2007, and traders expect it to continue to outperform. A classic pattern in technical analysis is forming which we can monitor for resolution, or potentially trade for profit.

Google is forming a triangle consolidation, out of which price can be expected to trend for a sustained period following the break.

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Daily Options Report: Volatility Chart Du Jour; GOOG


So a commenter had an interesting question yesterday. Basically, can you buy gamma a few weeks ahead of earnings, knowing volatility is going to spike up ahead of the number.

My answer is "not really".


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