We are closing in on a profit for our Alphabet (GOOGL) position. Let’s roll our short call out another two weeks which should get us to break-even and then we can re-set a new GOOGL trade position ahead of our 17 Feb expiration.
Alphabet Inc. (GOOGL): 106.73
TRADE ACTION: ROLL the GOOGL 3 Feb 88 call to the 17 Feb 88 call for a net credit of around 0.35 to 0.40
BTC the GOOGL 3 Feb 88 call
STO the GOOGL 17 Feb 88 call
The Master Portfolio is trading 5 contracts.