Well, the long-awaited GOOG earnings just came out, and I've got to believe from the bid/ask that it was a blow-out quarter (or at least a relief). The after-hours quotes are showing a gain of over $50 per share in price, which is over 11%. Amazing!
As always, I keep my positions on any given equity very small. My GOOG put position is going to get trounced, but c'est la vie. More generally, this is a (sigh) fairly bullish sign, because everyone looks to GOOG as a bellwether.