Buying 100 shares of $Alphabet(GOOGL)$ costs about $32,822. A January 2028 $300 call LEAP costs around $7,435 — giving you leveraged upside exposure with roughly 77% less upfront capital. The trade setup Strike: $300 Expiration: Jan 21, 2028 Premium: ~$74.35 per share Breakeven at expiration: $374.35 Time to expiration: 456 days Potential returns at expiration $GOOGL at $400: ~34% $GOOGL at $425: ~68% $GOOGL at $490: ~156% For comparison, 100 shares bought at $328.22 would gain about 49% if the stock reached $490. Why the bullish case? 🐂 ☁️ Google Cloud revenue surged 82% to $24.8B last quarter, while operating income more than tripled from $2.8B to $8.8B. 📦 Alphabet reported $519.5B in contracted backlog, including $513.9B tied to Google Cloud.