Google Money Risk in China (GOOG)

Posted in Options, pre-market 
January 13th, 2010

Google Inc. (NASDAQ: GOOG) is getting clipped this morning after yesterday’s news that it may exit China permanently.  The stock is down over $10, or 1.7% at $580.28, but so far only on 30,000 shares.  The 52-week range is $282.75 to $629.51 and average volume is over 2.6 million shares.  The options with high open interest for JAN10 CALLS are the strikes from $550 to $700 for next Friday’s expiration.


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