How To Bet On Good News From Google This Week

Think Google (GOOG) is going to beat estimates announcing earnings this week? Here’s how to put your money where your mouth is, according to the WSJ:

To take advantage of increases in Google stock, investors can buy October “call” options that allow them to buy the stock for $530, says Goldman Sachs derivatives strategist John Marshall. Those October calls are currently priced at $7.90 and make money if Google shares rise above $537.90 before this Friday, about 4% above last Friday’s closing price of $516.25, up 0.4% A call conveys the right to buy a company’s stock at a fixed price.

Don’t miss: HOORAY! The Online Ad Market Hasn’t Collapsed In 2009

Photo: Velo Steve

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.