Google earn 10% from selling put like how S&P grows yearly on average
Why Google
$Alphabet(GOOG)$
strategy of selling a put option on Google can indeed be lucrative if executed correctly.
By selling a put option at a strike price of $130 when Google's current price is $138 and collecting a premium of $11.50, you're essentially betting that Google's stock price won't drop significantly below $130 in the next 12 months. If Google's stock remains above $130, you keep the premium as profit.
However, if Google's stock does fall below
the strike price, you would be obligated to buy shares at $130. Subtracting the premium you received, your effective purchase price would be $118.50 per share. This can be a great way to acquire Google shares at a discounted price, assuming you believe in the company's long-term prospects.
Keep in mind that options trading involves risks, and you should have a thorough understanding of the strategy before implementing it. Also, consider potential market volatility and do a careful analysis of Google's financial health and future prospects before using this strategy. do feature me @Daily_Discussion @MillionaireTiger @TigerStars so more people play wonderful. Options
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Google beat estimates on the top and bottom line and traders are selling because the cloud business came in $200m short of estimates?! Google’s advertising business beats estimates by about $1B but traders don’t care about that. Market is so rigged.
Surprised GOOG missed on cloud but be interesting to hear MSFT guidance it’s all bout prospects for pipelines having revenue growth above 12% vs bond’s probably being 6.5 2yr and 5.5 ten when we flood markets with debt here in few weeks. GOOG might be headed to $100 their end users are not same as aws azure
The Graph is a search engine, such as Google is, but specifically for blockchains. While Google Indexes the web, The Graph indexes blockchain data from networks.
Low volume rally suggest a dead cat bounce. We should retest the $118-$120 area before a convincing rally can begin.
Buy or hold Google for upcoming Genesis and Waymo for the long term if you haven't bought some last week.
Google is back up a week after all of media bashed a 2% miss in cloud during a top and bottom
Now is the time to load up on G.....This is a great price point to get in
Unfortunately it’s just down again