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Showing posts with label GOOGL Oct 21 2022 $100 put. Show all posts
Showing posts with label GOOGL Oct 21 2022 $100 put. Show all posts

Thursday, October 27, 2022

Options trading : Alphabet (GOOGL) semi-bullish trade

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8/29/2022 

sell -1 Oct 21, 2022 $100 put at $2.25 (credit)
  • prob ITM (assignment) = 27%



10/21/2022 (12:03 pm, PT)  🠈 expiration

buy back the short put at $0.10 to remove the risk of assignment

PROFIT:  $215


NOTES:

GOOGL closed at $101.13 (too close for comfort . . . that's the reason I chose to spend $10 to buy back my short put)