Goldman Sachs Recommends Buying Google (GOOG) Options Ahead of Earnings

December 28, 2011 8:14 AM EST
Option strategists at Goldman Sachs are recommending buying Google (Nasdaq: GOOG) options ahead of earnings.

"We see buying GOOG volatility ahead of earnings attractive given the $640 straddle is 6.8% of spot, less than the median 8Q move of +/-7.3%, despite capturing 16 additional trading days."

Google's Q4 2011 earnings are expected at or around January 20, 2012.


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