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Google has a tradition of jumping up to 10% in either direction after quarterly releases. It might be worthwhile to buy both, put and call options before a rele
by Hermel 13y ago
Google has a tradition of jumping up to 10% in either direction after quarterly releases. It might be worthwhile to buy both, put and call options before a release and then profit from the one that goes into the money.
- ilyanep 13y agoI believe that's called a butterfly. I don't know how common they are but I've certainly heard of people doing this on stocks they believe will be volatile.
- fersho311 13y agoTried that last quarterly earnings season, and the stocks started off the day at -5%, then grew and at the end of the day ended up at -0.8% Lost $2000. http://songzmoney.quora.com/Placing-the-best-bet-on-Google-earnings-today http://songzmoney.quora.com/Placing-the-best-bet-on-Google-e...