Friday Focus: Google Calls Go Wild ($GOOG $GOOGL)

Friday Focus for Stock Options Traders at Option Millionaires

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.


Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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