$GOOGL Cash-Secured Put: Get Paid to Buy the Dip

I love selling options. Someone is willing to pay me $970 for the opportunity to buy $Alphabet(GOOGL)$ at $300.

Here's the setup:

Current stock price: $323
Put strike: $300
Expiration: Jan. 15, 2027
Premium collected: $970
Cash secured: $30,000

Two possible outcomes:

1️⃣ $GOOGL stays above $300

The put expires worthless, and you keep the $970 premium.

That's a 3.23% return on the $30,000 reserved, or roughly 14% annualized over 84 days.

2️⃣ $GOOGL falls below $300

You may be assigned 100 shares at $300 each. After accounting for the $970 premium, your effective cost basis is $290.30 per share — about 10% below today's $323 price.

☁️ Why the premium is attractive

Alphabet reports earnings on Oct. 28, within the option's life. That event risk is one reason the put premium may be elevated.

⚠️ Know the risk: If $GOOGL drops significantly below $290.30, you'll be holding shares at a market loss. The premium cushions the downside, but it doesn't eliminate it.

Only sell cash-secured puts on stocks you'd genuinely be happy to own. 🐯

Markets are always moving - and sometimes, the best move is knowing what works for you.

With Treasury yields, oil prices and rate expectations keeping markets on edge this week, investors are once again thinking carefully about where to position next. There’s no one-size-fits-all choice in investing — and the same goes for Tiger Merch. This month’s hot picks are in, featuring the Tiger Toiletry Bag, Universal Travel Adapter, Tiger Umbrella and more favourites chosen by fellow Tigers.

Explore the Monthly Hot Picks in Tiger Coin Mall, now 12% OFF for a limited time.

https://laohu8.com/J/redeemGift?goodID=100561&type=delivery

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Someone is willing to pay me $970 for the opportunity to buy <a data-mention-id=\"GOOGL\" class=\"teditor-mention\" data-mention-name=\"Alphabet\" href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$</a> at $300.</p>\n<h3 id=\"id_348602006\">Here's the setup:</h3>\n<ul style=\"\">\n <li>\n  <p>Current stock price: $323</p></li>\n <li>\n  <p>Put strike: $300</p></li>\n <li>\n  <p>Expiration: Jan. 15, 2027</p></li>\n <li>\n  <p>Premium collected: $970</p></li>\n <li>\n  <p>Cash secured: $30,000</p></li>\n</ul>\n<h3 id=\"id_1887713556\">Two possible outcomes:</h3>\n<p><strong>1️⃣ $GOOGL stays above $300</strong></p>\n<p>The put expires worthless, and you keep the $970 premium.</p>\n<p>That's a 3.23% return on the $30,000 reserved, or roughly 14% annualized over 84 days.</p>\n<h3 id=\"id_371324185\">2️⃣ $GOOGL falls below $300</h3>\n<p>You may be assigned 100 shares at $300 each. After accounting for the $970 premium, your effective cost basis is <strong>$290.30 per share</strong> — about 10% below today's $323 price.</p>\n<p>☁️ <strong>Why the premium is attractive</strong></p>\n<p>Alphabet reports earnings on Oct. 28, within the option's life. That event risk is one reason the put premium may be elevated.</p>\n<p>⚠️ <strong>Know the risk:</strong> If $GOOGL drops significantly below $290.30, you'll be holding shares at a market loss. The premium cushions the downside, but it doesn't eliminate it.</p>\n<p>Only sell cash-secured puts on stocks you'd genuinely be happy to own. 🐯</p>\n<hr>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fe47d352edd15fe5efc1f1f9350041e2\" tg-width=\"1080\" tg-height=\"1080\"></p>\n<p style=\"text-align: left;\"><strong>Markets are always moving - and sometimes, the best move is knowing what works for you.</strong></p>\n<p style=\"text-align: left;\">With Treasury yields, oil prices and rate expectations keeping markets on edge this week, investors are once again thinking carefully about where to position next. There’s no one-size-fits-all choice in investing — and the same goes for Tiger Merch. This month’s hot picks are in, featuring the Tiger Toiletry Bag, Universal Travel Adapter, Tiger Umbrella and more favourites chosen by fellow Tigers.</p>\n<p style=\"text-align: left;\">Explore the Monthly Hot Picks in <strong>Tiger Coin Mall</strong>, now <strong>12% OFF for a limited time</strong>.</p>\n<p style=\"text-align: left;\"><a href=\"https://laohu8.com/J/redeemGift?goodID=100561&amp;type=delivery\" title=\"https://laohu8.com/J/redeemGift?goodID=100561&amp;type=delivery\" target=\"_blank\" class=\"\">https://laohu8.com/J/redeemGift?goodID=100561&amp;type=delivery</a></p></body></html>","htmlText":"<html><head></head><body><p style=\"text-align: left;\">I love selling options. Someone is willing to pay me $970 for the opportunity to buy <a data-mention-id=\"GOOGL\" class=\"teditor-mention\" data-mention-name=\"Alphabet\" href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$</a> at $300.</p>\n<h3 id=\"id_348602006\">Here's the setup:</h3>\n<ul style=\"\">\n <li>\n  <p>Current stock price: $323</p></li>\n <li>\n  <p>Put strike: $300</p></li>\n <li>\n  <p>Expiration: Jan. 15, 2027</p></li>\n <li>\n  <p>Premium collected: $970</p></li>\n <li>\n  <p>Cash secured: $30,000</p></li>\n</ul>\n<h3 id=\"id_1887713556\">Two possible outcomes:</h3>\n<p><strong>1️⃣ $GOOGL stays above $300</strong></p>\n<p>The put expires worthless, and you keep the $970 premium.</p>\n<p>That's a 3.23% return on the $30,000 reserved, or roughly 14% annualized over 84 days.</p>\n<h3 id=\"id_371324185\">2️⃣ $GOOGL falls below $300</h3>\n<p>You may be assigned 100 shares at $300 each. After accounting for the $970 premium, your effective cost basis is <strong>$290.30 per share</strong> — about 10% below today's $323 price.</p>\n<p>☁️ <strong>Why the premium is attractive</strong></p>\n<p>Alphabet reports earnings on Oct. 28, within the option's life. That event risk is one reason the put premium may be elevated.</p>\n<p>⚠️ <strong>Know the risk:</strong> If $GOOGL drops significantly below $290.30, you'll be holding shares at a market loss. The premium cushions the downside, but it doesn't eliminate it.</p>\n<p>Only sell cash-secured puts on stocks you'd genuinely be happy to own. 🐯</p>\n<hr>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/fe47d352edd15fe5efc1f1f9350041e2\" tg-width=\"1080\" tg-height=\"1080\"></p>\n<p style=\"text-align: left;\"><strong>Markets are always moving - and sometimes, the best move is knowing what works for you.</strong></p>\n<p style=\"text-align: left;\">With Treasury yields, oil prices and rate expectations keeping markets on edge this week, investors are once again thinking carefully about where to position next. There’s no one-size-fits-all choice in investing — and the same goes for Tiger Merch. This month’s hot picks are in, featuring the Tiger Toiletry Bag, Universal Travel Adapter, Tiger Umbrella and more favourites chosen by fellow Tigers.</p>\n<p style=\"text-align: left;\">Explore the Monthly Hot Picks in <strong>Tiger Coin Mall</strong>, now <strong>12% OFF for a limited time</strong>.</p>\n<p style=\"text-align: left;\"><a href=\"https://laohu8.com/J/redeemGift?goodID=100561&amp;type=delivery\" title=\"https://laohu8.com/J/redeemGift?goodID=100561&amp;type=delivery\" target=\"_blank\" class=\"\">https://laohu8.com/J/redeemGift?goodID=100561&amp;type=delivery</a></p></body></html>","text":"I love selling options. Someone is willing to pay me $970 for the opportunity to buy $Alphabet(GOOGL)$ at $300. Here's the setup: Current stock price: $323 Put strike: $300 Expiration: Jan. 15, 2027 Premium collected: $970 Cash secured: $30,000 Two possible outcomes: 1️⃣ $GOOGL stays above $300 The put expires worthless, and you keep the $970 premium. That's a 3.23% return on the $30,000 reserved, or roughly 14% annualized over 84 days. 2️⃣ $GOOGL falls below $300 You may be assigned 100 shares at $300 each. After accounting for the $970 premium, your effective cost basis is $290.30 per share — about 10% below today's $323 price. ☁️ Why the premium is attractive Alphabet reports earnings on Oct. 28, within the option's life. That event risk is one reason the put premium may be elevated. ⚠️ Know the risk: If $GOOGL drops significantly below $290.30, you'll be holding shares at a market loss. The premium cushions the downside, but it doesn't eliminate it. Only sell cash-secured puts on stocks you'd genuinely be happy to own. 🐯 Markets are always moving - and sometimes, the best move is knowing what works for you. With Treasury yields, oil prices and rate expectations keeping markets on edge this week, investors are once again thinking carefully about where to position next. There’s no one-size-fits-all choice in investing — and the same goes for Tiger Merch. This month’s hot picks are in, featuring the Tiger Toiletry Bag, Universal Travel Adapter, Tiger Umbrella and more favourites chosen by fellow Tigers. 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