Tag: goog

How I played GOOG earnings this week

I used to play $GOOG earnings every quarter up until about a year ago and just stopped, don’t know why. Still didn’t play the earnings this quarter but I did sell some premium on the $SPX before the close yesterday. I sold 30 of the 1210/1220 call spreads and took in nearly 4 on the

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Classic Short Covering

What we saw today in the last hour or so of trading is an example of a short cover rally. As soon as the S&P broke the morning highs, the buying to cover ensued. That is a logical place to put both orders to buy to get out of a short and buy to get

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