Google (NASDAQ: GOOG) is recently up $16.72 to $598 in pre-open trading.
Goldman Sachs says: "GOOG may benefit from the disarray of its two largest competitors as Microsoft (NASDAQ: MSFT) has withdrawn its bid for Yahoo (NASDAQ: YHOO)."
GOOG overall option implied volatility of 34 is below its 26-week average of 37 according to Track Data, suggesting decreasing price fluctuations.
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










