I just bought some slightly out-of-the-money Google calls…
Google’s down 3% on the day and it’s another one that has the bulls writhing in pain just now. But then again, looking out six months, this company has some huge growth ahead of it, is trading much cheaper than the broader markets and has tons of loaded ammo behind it as its a favorite of the tech shorts once again. And on that note, I also just bought some slightly out-of-the-money Google calls with expiries six months out adding to an existing position. Stick with the play book, stay disclined. Especially when it’s painful.