If you haven`t bought the dip on Alphabet:
Then analyzing the options chain and the chart patterns of GOOG Alphabet prior to the earnings report this week,
I would consider purchasing the 165usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $5.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Then analyzing the options chain and the chart patterns of GOOG Alphabet prior to the earnings report this week,
I would consider purchasing the 165usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $5.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached:
GOOG traded at all time high, $176.40, after earnings, and the Calls went up from $5.50 (when I wrote this article) to $12.80 at the close today (a lot higher intraday), for a decent 2.32X gain!
Congrats to those who bought the calls!!
Congrats to those who bought the calls!!
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