I you haven`t sold GOOGL here, to buy it cheaper later:
Then analyzing the options chain of GOOGL Alphabet prior to the earnings report this week, I would consider purchasing the 106.5usd strike price Calls with an expiration date of 2023-6-16 for a premium of approximately $2.17. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
Trade fechado: objetivo atingido
GOOGL trading at $108.37 after earnings. Calls trading at $5.50 from $2.17 when i wrote this article. A beautiful 2.5X gain!
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