$GOOGL Options play of the month | New ATH!
Technical look on $GOOGL with a huge potential options play through earnings
Throughout Covid, Netflix has performed rather well since the first wave down, pushing 46% from lows.
We are looking for Google to either retest previous ATH or straight rip, will probably play it safe and wait for the retest. If the setup doesn't look good enough for entry, we will simply sit on our hands and wait for the right time.
The Play:
GOOGL $1,600 Call 7/17
Estimated Time: 7-13 Days
- Bullish - Breakout on the upside to make even more ATHs, looking to retest the previous channel resistance.
This play will payout stupid but takes quite a bit of capital, congrats if you made a bag on this :)
This is not financial advice nor am I a financial advisor
DotcomJack
(View other option plays below)
Throughout Covid, Netflix has performed rather well since the first wave down, pushing 46% from lows.
We are looking for Google to either retest previous ATH or straight rip, will probably play it safe and wait for the retest. If the setup doesn't look good enough for entry, we will simply sit on our hands and wait for the right time.
The Play:
GOOGL $1,600 Call 7/17
Estimated Time: 7-13 Days
- Bullish - Breakout on the upside to make even more ATHs, looking to retest the previous channel resistance.
This play will payout stupid but takes quite a bit of capital, congrats if you made a bag on this :)
This is not financial advice nor am I a financial advisor
DotcomJack
(View other option plays below)
Comment:
$1600 call 7/17 @ $820
Comment:
$1600 Call 7/17 hit $1,900 twice today!
