my thoughts are, "Why not always use a straddle?" (Options that is).

http://www.888options.com/strategy/long_straddle.jsp

http://community.nasdaq.com/News/20...-season-know-your-options.aspx?storyid=115394

Think about this regarding the Google situation Friday, and this upcoming week.

(I'm currently holding a Bull Spread on CAT - 1 BUY AT 110 and 2 SELL at 115, Feb expriation. But I'm thinking of straddling it. I might straddle AAPL too.)

Please, since I am fairly new at options, give your opinions. Good luck all!