Small Account Trader PRO Alert: Roll GOOGL Call

Our Alphabet (GOOGL) short call expires tomorrow. Let’s take advantage of Alphabet’s earnings announcement on 2/2 to collect a larger credit while rolling our short call up. We will likely roll the call again ahead of the earnings date.

 

TRADE ROLL

 

Alphabet (GOOGL):  91.44

 

TRADE ACTION:  ROLL the GOOGL 13 Jan 87 call to the 3 Feb 88 call for a net credit of around 1.40 to 1.50

BTC the GOOGL 13 Jan 87 call

STO the GOOGL 3 Feb 88 call

 

The Master Portfolio is trading 5 contracts.