Wednesday, November 7, 2007

GOOG down $16

At one point today GOOG was down $16

I bought GOOG Nov 2007 690.0000 put (GO QWR) @ $3 …

Later in the day I sold GO QWR for $4.5

All day I watching GOOG moving ^ $3 and Down $2, eventually during the final hr. it took a decisive move and I sold my put….

Was very interesting day for me as I had predicted in the right direction or just got lucky..

In the morning I noticed that the overall mkt was down…

I observed that GOOG has been up a lot during the last two days so the stock has become very volatile…

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