Before Google (NASDAQ:GOOG) announced its third quarter earnings my firm analyzed the expected move in light of then-current options pricing discussed the expected behavior of the implied volatility of the options and finally constructed an option trade structure we thought had a high probability of success. We published this analysis on October 17 in Using a Triple Calendar Spread to Trade Google Earnings. I thought it would be helpful to discuss how our prognostications fared and finally to consider “lessons learned” in this exercise essentially a trade journal entry. I would encourage all traders to make such entries routinely; each trade ...