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A lot depends on the volume on the way back up. If GOOG just drifts higher, the volitility will get sucked out of the calls and they could go down in value even as the stock goes up. Or GOOG could rise a few more points and then retest the lows, which would also drain the value of the calls.
A lot depends on the volume on the way back up. If GOOG just drifts higher, the volitility will get sucked out of the calls and they could go down in value even as the stock goes up. Or GOOG could rise a few more points and then retest the lows, which would also drain the value of the calls.
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