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Option Update: Google option prices elevated on moderate volume into EPS

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Google Inc. (NASDAQ: GOOG) is recently down 88 cents to $450.78.

GOOG is scheduled to report Q1 EPS on April 17. Stifel Nicolaus says, "We maintain conservative financial expectations for GOOG." GOOG call option volume of 27,679 contracts compares to put volume of 27,891 contracts. GOOG April 450 straddle is at $31.60, May 450 straddle is at $50.30 according to Track Data, suggesting large price movement.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Symbol Lookup
IndexesChangePrice
DJIA+4.768,183.17
NASDAQ+5.381,752.55
S&P 500+3.12882.68

Last updated: July 10, 2009: 05:43 AM

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