Google(NASDAQ:GOOG) closed at $694.04. International CES will be held January 7-10 in Las Vegas. GOOG will be participating in the 700 MHz spectrum auction that begins in January. GOOG is expected to report EPS in late January. GOOG December 690 straddle is at $24.70. GOOG January option implied volatility is at 32, March is at 36. GOOG's average option implied volatility over the last 26-weeks is 31 according to Track Data, suggesting larger risk after January expiration on January 18, 2008.

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

Options update: Google March volatility of 36 is skewed higher into EPS originally appeared on BloggingStocks on Fri, 14 Dec 2007 10:49:00 EST. Please see our terms for use of feeds.

Google (NASDAQ: GOOG) is recently trading at $689.72.

Goldman Sachs has an $800 price target on GOOG. Goldman Sachs says: "We would use any weakness related to concerns around the auction (700 MHz spectrum auction) as a buying opportunity."

GOOG December straddle is at $48. GOOG November options expire today. GOOG over all option implied volatility of 35 is above its 26-week average of 30 according to Track Data, suggesting larger risk.

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

Option update: Google December straddle at $48 originally appeared on BloggingStocks on Thu, 29 Nov 2007 11:35:00 EST. Please see our terms for use of feeds.