Jim Cramer Blog

For those of you who own GOOG, there is an option trading opportunity to write Apr 390 calls. They are currently trading at $17.40 and would yield a 4.5% return. The only risk is the stocks upside potential. But, if you take into consideration its recent run-up, I don’t think this stock will close above $390 by the date of expiration (about three weeks). If you have questions about some of the terminology, visit: http://www.optionpricing101.com.