Posts Tagged Under GOOG
Closing GOOG March $540 position
This morning our stop loss was triggered, and I took a hit of -52% on my GOOG position. I was thinking of holding the position, but hey…DISCIPLINE is my priority. Now with the bounde of the markets GOOGLE is rallying once again to the $530 level. FYI – GOOG chart is broken since yesterday, so be careful with the trading. Today, it hold the $520 level, which is great…I am a big believer in GOOGLE for the long term, and we can see this stock going back to the $540 or $550 level if the chart go above the $530 in strong volume. Happy trading everybody..!!!
By Carlos Molina
IN and OUT of GOOG Puts $530
Yesterday, I decided to play my cards with Google (GOOG)… but this time not going bullish, just playing a bearish strategy; and waiting for GOOG to turn back to the $535 level.
I bought some contracts @$9.30 for the March $530 PUT , but this morning Google didn’t show me any direction of going lower, instead it was holding the $540 level…that means Google might still go a little bit higher before going lower. I went ahead and took a hit of 13.5% for the day. Perhaps, not a very smart move. Because Google was flat for the day, and finished at $540.76
For now, I am opening a NEW POSITION buying the $540 March Call @$10.50 going into next week.
I am still bullish with Google, I just need to monitor GOOG not to break below the $535, IF IT DOES I NEED TO GET OUT from this position.
By Carlos Molina
Closing GOOG March$540 Call
As soon as the market opened this morning, I was expecting GOOG, RIMM, AAPL to bring the Nasdaq higher; but NO… It didn’t happen. It was a very choppy morning, and by watching GOOG for the first 30 minutes it didn’t appear like GOOG was going to the $550 or at least the $545 level. So what I did, I went ahead and RANG THE REGISTER, 1st trip at $16.20 and the next trip at $16.70 bringing home the bacon at a 15+%. Then, all we saw from GOOG was sellers….bringing the stock close to the same level it was before yesterday ($534). Having said that, with a strong pullback to the $530 level I might jump on board once again. Happy trading everyone !!!!
By Carlos Molina
Buying GOOG Mar $540 Call
This morning after a rested long weekend, I decided it was time to pull the trigger once again on Google. March $540 CALL @$14.40
Why? I was expecting a strong day with volume as a confirmation.
Closing at the $534 level last Friday; that gave me an idea that the $540 level could be achievable. Result = It was great seen it in the screen.
Google closed today at $541.30 for the first time since Feb 3 (the big Wednesday, remember) when everyone thought the correction stage was over, unfortunately since then the market has been all over the place, and for GOOG the same; with extreme low volume and a bunch of DOJIs all over last week…there was no direction to follow. But since last Thursday things started to improve. The market didn’t care that much about the mess from Europe, neither the fact that CHINA is tightening their credit lending…that gave us a signal…TODAY was going to be the day. At least for a couple of weeks I am expecting some pretty good sentiment for the markets. For GOOG, I think the stock can move around the $545-555 level for the next couple of weeks, higher than that…I will update you guys…Cheers to everyone !
By Carlos Molina
Closing my GOOG March $540 Call
As I expected, Google ( GOOG ) rallied today, and after opening lower, I went ahead and open my position. An hour later it bounced back all the way from $529.50 to over $540. And as it did, I went ahead and cash in on my option, selling it at $15.70 for a quick day trade gain of 25%.
Also since I’ve been following the trend in the stock, I WENT AHEAD AND OPEN A NEW POSITION buying the GOOG $530 PUT FOR FEB @$3.50. Those contracts will expire next week, Feb 19. So, I have to be quick with the trade and let GOOGLE pull back once again from the $540 level. Every time that Google has tried to go above the $540 level, the stock is being sent to the $527-529 price. Let’s see if it works for tomorrow.!
By Carlos Molina
Bought GOOG option March $540
This morning, I went ahead and pull the trigger buying Google GOOG March $540 Call, at $12.50 this morning. I’ve been following the chart over the past week, and it looks like Google is stuck in a range between $522 and $542 over the past week. We’ll see if it can break above that level by Friday, and close our position.
By Carlos Molina
Update on GOOG $540 March Calls
I am watching GOOG March $540 Call, currently at $12.90Ask. The chart looks like a range between $522 and $542 over the past week. The current price on the stock is $529
By Carlos Molina
Google Options March$540
I am watching Google $540 March Call. I strongly believe GOOG will bounce back well above the $540 level if conditions improve in the market. Current Ask @$17.00 as of 1:50pm.
By Carlos Molina
- Jerry Larach : 21% Gain in two positions is not bad at all. Keep up the good work. ...
- Mel : There is a bubble and it's hovering over the ceiling of the stock mark ...
- Jerry Larach : That was a good CALL... 15% ROI !!!! Not a bad day.... Good J ...
- Mel : Analiza EGAS y comentas como la ves ...
- Mel : Good move. You should include that transaction in the performance sect ...
- Carlos Molina : Claro, lo voy a hacer tan pronto pueda. En estos momentos mi unica pos ...
- inocente : carlitos el melvin me comento a cerca de tu pagina me gustaria aserte ...