Option Stategies: ADBE, GOOGL& .SPX

Selling For Premium
12-12

Hello everyone! Today i want to share some option strategies with you!

1.

$Broadcom(AVGO)$ releases earnings after market close on Thursday. Is this gonna be another tech stock that drops regardless of how it reports?

We are targeting the following cash-secured put strikes for optionselling trades. Dec 20 expiration.

▫️ 157 (recent bottom and lower bound of volume cluster)

▫️ 150 (just below the 200EMA)

▫️ 135 or 130 (recent bottoms of trend channel)

2.

TRADE PLAN UPDATE:

▫️ Okay, so $Adobe(ADBE)$ released earnings and dropped. Call credit spread can be closed out to capture profit versus having to hold it all the way until expiration (unless you want to hold it to try and capture max profit).

▫️ 470 put can be left alone until ADBE finds a base, and then rolled up to capture more premium to that base/bottom level assuming 470 isn't breached. If 470 gets breached, then we follow the plan as written in the original post.

3.

$Alphabet(GOOGL)$ for the win! Might have to roll the 200CC up and out. Dec 2026 $215 LEAPs looking good right now. Come on GOOGL ... hit that 215 target ... you know you want to!

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