Trade of the Day (GOOG) 8.28.2012

GOOG SearchTrade: Selling the $GOOG August Weekly 680-685 Call Spread for $1.50

Risk: $350 per 1 lot

Reward: $150 per 1 lot

Notes: good risk vs rewad that does NOT break thorugh the recent highs of $580

UPDATE 9.11.2012  Not every trade will be a winner, this Spread went to $5 and at least it is over.  One loser every 5 times isnt bad.