Goldman recommends traders buy an April 2012 options straddle on Google (GOOG) at a $635 strike...

|By:, SA News Editor

Goldman recommends traders buy an April 2012 options straddle on Google (GOOG) at a $635 strike price ahead of next month's Q2 report. The firm notes Google shares have moved an average of 7.9% post-earnings over the last 8 quarters, and its analysts "have found unusually high profitability patterns from buying GOOG straddles ahead of earnings."