Filed under: Google (GOOG), Options

Google (NASDAQ: GOOG) closed at $471.10 Friday.

GOOG is expected to report Q1 EPS on April 17.

Cowen says: “ad budgets in search will remain robust because advertisers have historically favored high ROI channels that drive revenue - like direct mail - during recessions.”

GOOG April 470 straddle is at $35, May 470 straddle is at $55 according to Track Data, suggesting large price movement.

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

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This entry was posted on Thursday, April 10th, 2008 at 3:12 am and is filed under Goog news. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.