Google Inc. (NYSE: GOOG) is recently trading down $20.58 to $699.78. Bear Stearns has a 2008 price target of $700 with an Outperform rating on GOOG. GOOG call option volume of 71,718 contracts compares to put volume of 35,680 contracts. GOOG November 700 straddle is priced at $39.40. GOOG December option implied volatility of 35 is above its 26-week average of 29 according to Track Data, suggesting larger risk.
Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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Reader Comments (Page 1 of 1)
11-12-2007 @ 1:35PM
keith said...
Goog, has been hit hard, it's down to 659.22 today as we speak, what's the deal, is the stock headed to mid 500's or below......
Have the big institutions abandoned TECH? where Jim Cramer when u need him
11-12-2007 @ 2:13PM
mike said...
Goog sell off is upon us great run up but is out of gas now........going down 200 pts....by mid Dec.......