By Dan Darrow
October 25, 2022
Intraday Update: GOOGL
GOOGL is up ~1.5% in late afternoon action, slightly skewing the Nov04 strangle more in favor of the bull side. We want the strangle to be roughly 50/50 between risk on the bull and bear portions of the trade, so we need to adjust the contracts. The new trade will be:
- Long Nov04 $108 - $112 call spread
- Long Nov04 $100 - $96 put spread
Open Positions
* The following Open Positions pertain to the Options In Play trade ideas from this and previous editions. Disclosure of the Trader Co-Author’s actual portfolio holdings, as of the date of each publication, is made below under "Trader Author Portfolio Holdings.".
Trader Author Portfolio Holdings
**As of the date and time of publication
