GOOG
taking small short position here via puts
posted by biopoetic at 3:24 PM
strategy to take short or long position in a stock just before earnings are announced. Because of high volatility substantial gains or losses can be experienced. We call for all traders to contribute here.
8 Comments:
ouch, by the way you need to make sure your blog entries post sooner. we don't get them until the earnings have been released
it was very small speculative position, made planty this week on earlier calls. I usually update my blog one hour before regular close
It is a good thing I didn't do this. Instead I bought calls the day before the earnings and made over 100K.
well in the time you post in blog and the time when they actually appear visible to others must be 2 different things. i don't get your email until the next morning.
power to you, as for GOOG play I said that it was small speculative position. non-event.
as for update, sorry, but try to visit it half an hour before market closes.
to anonymous who made 100k on goog calls; if you follow similar strategy and would like to contribute to this blog, here is my invitation.
half hour before market closes is not enough time to make a trading decision. yeah i shorted VECO for monday but it doesn't do much good if i don't tell the blog about it before its too late.
the blog is a waste of time if you don't post sooner.
VECO - great call
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