Google had one of those weeks, where the stock embarks on a massive rally and turns penny options into multi dollar options.
Some big potential gains on the out of the money weekly strikes bought earlier this week.
$.25 to $17 or $250 into $17,000
$.15 to $12 or $150 into $12,000
Here some of the trades on GOOGLE in the chat room earlier today:
A flash back a few days shows $.15 options going nutz just a few days later. While $GOOGL $GOOG lost some momentum as stocks pulled back into the close, the options offered some tremendous opportunity this week.
