Wednesday, January 23, 2008

FEB GOOG vertical 500/490 (+19%)

1/23/08
sold -1 vertical GOOG FEB 500/490 PUT @3.05 (mark 533.65)
GOOG down aprox $50 today -8%
note GOOG doesn't move this much on their earnings...whats the deal!!
500 a good past support level

1/23/08
BTC +1 vertical GOOG FEB 500/490 PUT @1.75 (mark 555.40)
originally sold for 3.05
net credit 1.30 per contract (1) $130 gain
Intraday trade, I placed a limit order in and got filled.
Figured a 20% gain would be sufficient for this trade.

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