[trader220]

I don’t think you'll see quite the collapse in GOOG that you saw in the dot bomb era. I don’t trade GOOG but I did trade The Street DOT COM index back in the hay day as a market maker in options on that index... and yes we laughed our asses off as they ( John Q Public ) just came in and sold puts to us and bought calls from us as the thing rallied. It was lovely for us the calls were so jacked that John Q Public rarely bought ones that ended up anywhere near being in the money because that’s all he could afford and he often sold us puts which we loved to buy since all we would do is buy the index basket of shares vs. selling the calls and puts and we made a bloody fortune till the music stopped. Some of the more shrewd public I think did quite well.

As is always the case in stocks like these, it’s not for the meek and the average Joe is probably going to be left holding the bag when the music stops.

If you look at the GOOG options much you’ll notice the volatility has gotten buried and I bet some people think there is a heck of a lot of air to come out soon.... but that’s just my opinion from looking at the volatility charts..

http://www.ivolatility.com/options.j?ticker=GOOG:NASDAQ&R=1&period=12&chart=2&vct=