The number of bearish Google options climbed to an eight-year high on concern the company, trading within 7 per cent of a record, is losing to rivals in advertising on mobile devices.
The ratio of outstanding puts to sell Google shares versus calls to buy has jumped 61 per cent to 1.07-to-1 from a 2012 low in May and reached 1.12 on January 2nd, the highest since November 2004, according to data compiled by Bloomberg. The...
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