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Sunday, November 24, 2024

Out of Google @ $9

Not bad for a $7.3 put I bought yesterday (30 minutes of market time). I will be looking to buy it back today if possible. Look for $390 to be the possible cieling and reenter the short (November $390 put) at $6 or less. This is so risky you can lose the whole thing which is why I take 10% and run on these. Under no circumstances would I buy this stock until it clearly passes $400. $391.70 is make or break for Google today, if it hits that it goes up.

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