<p>A friend of mine bought FB calls for the earnings, figuring that the ZNGA news to FB down to buy levels. </p>
<p>Oops. Those calls are zippo.</p>
<p>I guess the FB stock story will be taught to college students someday. How not to do an IPO.</p>
<p>I wish I did not cover those MSFT jul 29 puts.</p>
<p>I like to buy stocks that I fundamentally believe in.</p>
<p>I don’t believe in Zynga or Facebook.</p>
<p>I agree with BCEagle91.</p>
<p>Agree with BCEagle and dstark. </p>
<p>If I were asked to pick one, I’d choose SBUX over FB. I am not a fan of AMZN, but any good nes from them is good news for the local economy, and I’m happy about that.</p>
<p>Facebook has lost its luster with my older D’s… Twitter has taken over their social media(both are college aged) my Youngest D is into instagram and facebook</p>
<p>I don’t have an issue with their products per se. I don’t see their business models.</p>
<p>Yes, Phillyfed, what is “trending now” is twitter, instagram, pinterest and foursquare.</p>
<p>The 8/3 FB 20 puts are .2 - .25 and the 8/3 Sbux 45 puts are .24 - .26. I’m sure tomorrow morning I’ll be able to sell them or a lower strike at a better price. Depending on how the morning goes, I’ll probably grab some cat calls.</p>
<p>There is going to be a huge volatility crush in those puts tomorrow.</p>
<p>Do you mean that the implied volatility is going to go down?</p>
<p>Big time, tomorrow.</p>
<p>Rotated my AMZN to GOOG. I’m amazed that they are up after the earnings report yesterday. They earned a penny - inline with estimates; and forecasted a loss for the next quarter. Great company but in general, I prefer profits. I’m particularly happy to get out with a nice profit.</p>
<p>I don’t get why amzn goes up. I guess I’m missing something. Sold 8/3 FB 20 puts and SBUX 45 puts for .15 and .50 respectively.</p>
<p>Looks like my forecast is coming true! (wink wink)</p>
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<p>I’ve learned not to bet against AMZN. Both AMZN and GOOG have moved up since my morning transaction - AMZN probably more in percentage terms. I do like both of them long term.</p>
<p>I don’t bet against it but I don’t bet with it either.</p>
<p>Has there been any sort of big buzz on Google looking to get into the fiber optic business offering home internet & cable at speeds two orders of magnitude higher than current residential connections for the same price? I often wonder if Google is most interest in becoming that all-pervasive company (think of the autonomous cars they’ve been developing, trying to offer free wi-fi for entire cities, etc) than maximizing short term profits.</p>
<p>Google typically always has a lot of research and pilot projects running - most fizzle. I get 25 mb down for $50/month. I used to have $3 mb down for $39/month. I see that Verizon offers 100 mb down (don’t know the price) but not in my state. 25 mb down is way more than I need - I think that I’d be happy with 6 - 9 mb down. In many cases, the extra speed doesn’t matter because the speed of the server controls how fast you get stuff.</p>
<p>ComCast is up around 100 mb down. I don’t think that I’d notice any difference between 100 mb and 1,000 mb down. I’d most likely have to replace my modem/router and a switch or two to take advantage of those speeds which would be about a $250 investment.</p>
<p>There has been talk of GOOG becoming a mobile phone company but it never really happened.</p>
<p>I like that the company experiments around with this stuff overall but I wouldn’t take one particular project and project that it will take over the world. They do a lot of experiments and some of them are big winners and they do well with that model.</p>
<p>How about their offer of 5 Mbit up/down for a $300 one-time payment? 
Also, totally wish I had those speeds and prices available in my area. You’d think in Los Angeles there would be decent competition, but if I want anything over lower-tier DSL plans it quickly jumps to $50+ a month. And cable internet with our provider is pretty crazy overpriced unless you also subscribe to their TV services. :(</p>
<p>12000 is now the next stop, 13,000 before 12,000,but 12,000 before 13,500</p>