http://www.StockMarketFunding.com 1st Monthly Options Expiration 2012 Stock Market Recap. Stocks closed mixed on the first monthly options expiration. Shares of Google.com (GOOG) took a big hair cut and the entire call side of the January 2012 “GOT ROCKED” mutual funds, hedge funds, and retail people that don’t understand the beast that is Google’s stock got completely destroyed today.
We had a feeling the performance always leads expectations and called the short sale at $670 and warned people to get out before the earnings. http://www.youtube.com/watch?v=si9v2af6D2I
We took a very small amount of capital risk, some traders 5 contracts others 10 bought at .95 on the March $770 Calls. Fortunately we traded the stock twice intraday to pay for the entire position making it a 100% risk free entry.
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http://www.guerillastocktrading.com/stock-market/stock-trading-update-for-january-19-2012/ (CLICK HERE FOR THE FULL REPORT) Guys, I’m sorry I have to make the update quick today. My Dad had a heart attack. It’s his third. He’s had so many heart surgeries that his stents have stents. I’ve been at the hospital for awhile now. He’s doing pretty good and should be going home tomorrow.
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