I'm thinking about buying some puts--it seems really overpriced to me.
2006-10-01 17:35:33 · 4 answers · asked by schweetums 5 in Business & Finance ➔ Investing
Be careful.
GOOG options are typically always high priced due to the volatility.
As for crashing, Goog's actually in a nice wedge pattern. It could break either way pretty big. So if you're right, you could get a decent payoff. Just wait for the breakout.
FYI, it's been holding 380 support very well for a while as well.
Personally, I'm thinking it'll break to the upside, but it's just a guess.
Wait for the stock to tell you what it's doing and watch earnings when it gets announced in 3 wks.
Hope that helps!
2006-10-03 18:59:36 · answer #1 · answered by Yada Yada Yada 7 · 1⤊ 0⤋
Yes.
Top 5 Answerer in the "Business & Finance" Category.
2006-10-02 00:40:20 · answer #2 · answered by Anonymous · 0⤊ 1⤋
If buying puts, buy in the money puts. The deeper in the money, the better. and go as far out as you can. (Jan08)
2006-10-02 01:13:19 · answer #3 · answered by LeeLynn 5 · 0⤊ 0⤋
if you are buying puts, go with Jan 08's.
look at SUNW chart. look at the peak.
2006-10-02 00:45:36 · answer #4 · answered by kevin21boston 2 · 0⤊ 0⤋