Google missed big



Woops!

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The company, which has been in patent litigation with Vringo, Inc. (NYSEAMEX:VRNG) this week, realized a big loss from Motorola Solutions Inc (NYSE:MSI), which was acquired earlier this year. Motorola generated an adjusted loss of over $151 million for Google Inc (NASDAQ:GOOG). Due to the miss, Google’s Q3 EPS is down more than 7% year-over-year.
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Maybe because of this?
 
Amazing drop and more to come. Watch the $600 level.

This would have been easy money with a strangle strategy. If you purchased $10k in weekly calls yesterday and $10,000 in puts as well; then you would come out with $26,000 total gain.
 
This kind of has to happen, no? They're cutting their earnings off at both ends in the ad business - banning and/or making life difficult for thousands of advertisers, while also annihilating lots of adsense driven sites from the organic SERPs.
 
Google Call options for Oct 20th close just dropped 96% in value today and are cheap as hell now, even Nov exp ones aren't priced bad considering tomorrow everyone is going to realize that just because the printer accidentally released the numbers a little early, its still the same numbers it was going to be.... #justsayin
 
edward_b said:
This kind of has to happen, no? They're cutting their earnings off at both ends in the ad business - banning and/or making life difficult for thousands of advertisers, while also annihilating lots of adsense driven sites from the organic SERPs.
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You do realise that when one site gets penalised, another site replaces it, right?
 
mGrunin said:
Amazing drop and more to come. Watch the $600 level.

This would have been easy money with a strangle strategy. If you purchased $10k in weekly calls yesterday and $10,000 in puts as well; then you would come out with $26,000 total gain.
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probably would have also helped to know in advance of the accidental early release of the financials.
 
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