Monday, November 5, 2007

GOOG up $14?

Google went up $14 today on the news it is entering the cell phone market....

I bought NOV 780 Call GOQKO @ 2.30 ....

The value of the call at close was 2.70...

At one point the call price went down to $1.90 and the highest I saw for the day was 2.80....

I had a limit order for 2.8 but it was never executed....

My day order expired.....

I know the stock will be down 20 tomorrow and I will loose that 2.3....

Every investment comes with a risk...

In case of options the risk can be a 100% loss...

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