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Author Topic: Buying Google Before Earning?  (Read 120 times)
go4reward
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« on: January 19, 2010, 08:17:15 PM »

I think Google will announce big profit on Thursday. Any opinion on buying or selling stocks or options before earning?
The biggest obstacles are
Google is out of the China market?
Nexus could be bad for its cellphone partners.
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BAEVentures
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« Reply #1 on: January 20, 2010, 12:58:58 AM »

I think earnings will likely be stellar. Nexus 1 bombing the way it did in early release may or may not affect it's stock movement come earnings release. China loss is huge, although I think many investors will be thinking more short term and trading only their earnings statement. A good option may be a bull put spread. Check out the below linked article from Optionetics for more details on how to lay it.

http://www.optionetics.com/market/articles/22193?utm_source=optionetics&utm_medium=wnl&utm_campaign=

BAEVentures

P.S. I had traded earnings pretty heavily throughout 2009 and done well (mainly due to positive earnings or better than expected anyways). I will be looking to do the same thing, this year but will be sitting out most of the first quarter. I wound up passing up on my Comcast play after further review. AAPL I think would be a great play as well this earnings season (would have been nice to pick them up before their 5% rally the last 3 trading days though).
« Last Edit: January 20, 2010, 01:39:40 AM by BAEVentures » Logged

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go4reward
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« Reply #2 on: January 20, 2010, 10:39:08 PM »

Google dropped below 50 MA with heavier volume (because of the bad market we had today). The strategy from the link given looks confusing to me. I don't want to do something I don't really understand. Google is hard to trade now. I like AAPL too.
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foofiter
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« Reply #3 on: January 26, 2010, 06:11:21 PM »

I have held both AAPL and GOOG through earnings releases and won on both.

- Foo
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go4reward
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« Reply #4 on: January 27, 2010, 11:26:21 AM »

I have held both AAPL and GOOG through earnings releases and won on both.

- Foo

Did you buy puts on both?
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