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Friday, September 16, 2022

Options trading : Alphabet (GOOGL) semi-bullish trade

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9/12/2022

sell -1 Sep 16, 2022 $103 put at $0.18 (credit)

  • 4 DTE
  • prob ITM =8% (92% probability of success)


9/16/2022 (12:56:47 pm, PT) 🠜🠜 EXPIRATION

buy back short put at $0.18

GOOGL was really volatile all day today.  I did not want to get assigned or roll my put, so I closed it at the break-even price when I had the opportunity.

PROFIT/LOSS =  0


NOTE:  GOOGL closed at $102.80 at expiration, so it's a good thing I closed my short put at $0.18.