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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?

To: jmiller099 who wrote (8986)	1/21/2010 4:19:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 20435

I tend not to hold options through the announcements. I was tempted to Buy GOOG 570 Puts yesterday, but it's just as well I did not; I doubt that they went very far in either direction. However I've a very active options position because that's the way I hedge long term positions. So my focus isn't for short term gain overmuch. Quick trades like yours aren't in my wheelhouse, I guess you might say. I forgot which Puts you said you have, but looking at an Options Matrix I see almost all of the COF Feb Puts closed positive; so congrats.