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brianweber

Potential Options Play for GOOGL's Earnings

Alphabet Inc (Google) Class A (NASDAQ:GOOGL)  
brianweber Updated   
NASDAQ:GOOGL   Alphabet Inc (Google) Class A
Chart Patterns Trend Analysis brianweber options optionstrading earningsanalysis earningsplay GOOGL
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chartpattern trendanalysis brianweber options optionstrading earningsanalysis earningsplay googl
To take advantage of the high volatility and minimize the downside risk as much as possible, I plan on selling a 1097.5/1100 BPS over earnings for $0.40 or better.

The expected move according to ThinkOrSwim is ~$55.

Let's go GOOGL!!!
Comment:
Looks like we gapped right into the green box ;). I did not play the BPS idea. However the trade would have worked since we look to close above $11000.
Comment:
Look how beautiful that support held at $1006 :D
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