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Nov

14

Bought GOOG Nov 670 calls

November 14, 2007 | Leave a Comment

This morning I decided to pick at some GOOG November $670 calls at a price of $4.00. Frankly, this is not a bet on GOOG, but rather, a leveraged bet on technology and the Nasdaq for the next two days. I’ve been outspoken about my call that this is a short term reversal, and this is one way to make that bet. The position is small relative to my portfolio and certainly is not going to make […]

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