InvestorsHub Logo
icon url

Guy

07/23/05 6:49 AM

#17014 RE: 10 bagger #17008

researcher and Hank,

As i see it, there are 2 ways to play put options
on GOOG. The first one is to buy put options that expire
in a month-3 months and try to capitalize on the swings.
It may be very lucrative because some of those are very cheap
and the stock has to go down by a mere 7-10% for one to
make nice gains. On the other hand, it is very easy to
lose everything on such a gamble.

The second one is like Hank said, to buy some 2007
put options. I think there is a good chance that the
market will have at least one correction by then that
will take GOOG to $250 and lower.

The problem is that as you said, researcher, this is
a very popular stock. It can easily go to $400 based
on nothing but hype.

Thank you both for your opinions,
Guy