Option Millionaires

[retiredMM]

omars

will you go naked on them? If so you do realize that unless you have lots of money in your account they will not let you do this. If you do it will tie up a tremendous amount of buying power. Now that we got that out of the way... No I do not think it's a good Idea. The stock is on a major breakout and I think the market will test 1400. I think GOOG will move up with the market and GOOG could test previous highs of $670. If if breaks that high who knows where it could go. Will there be resistance at $650? Probably pretty big resistance but if the market is strong GOOG could punch through those levels. I would not recommend selling those calls.