Bullish options bets on Google set to pay off big

July 16, 2015 creative after-the-bell, broadcasters, calls-on-google, china, copyright, earnings, heavily-traded, meets-the-law, over-the-last, programs, ruling, shares, shares-rising, the-shares, were-unusually

Some bullish bets on Google Inc’s shares, placed ahead of its second-quarter results on Thursday, look set to reap big profits with the shares up 9.5 percent in trading after the bell. Headed into the earnings report, trading in Google’s call options, usually used for bullish bets on the shares, were unusually active. Calls on Google shares rising above $600, $620 and $630 by Friday were among the most heavily traded Google options contracts over the last two days.

Read the rest here:
Bullish options bets on Google set to pay off big