Buy Google’s Bullish Options Before Earnings, Goldman Says
This article is for subscribers only.
Google Inc.’s bullish options should be bought before the owner of the world’s largest search engine reports earnings tomorrow because results may exceed analysts’ estimates, Goldman Sachs Group Inc. said.
Katherine Fogertey and John Marshall, derivatives strategists at Goldman Sachs, recommended buying April $575 calls, which expire at the end of this week. The shares rose 1 percent to $576.28 as of 4 p.m. in New York and are down 3 percent this year.