To The Moon

**Why I Do This**

I've decided to sell put options for Alphabet Inc. (GOOGL) at a strike price of $130, which is set to expire on January 16, 2026. Selling put options is a strategy I employ to generate income and potentially buy high-quality stocks at a discount. By selling the GOOGL 20260116 130.0 PUT, I collected a premium of $5.63 per share. This premium acts as immediate income and reduces my effective purchase price if the stock falls below the strike price. $GOOGL 20260116 130.0 PUT$$Alphabet(GOOG)$  

**How I Do This**

The key reason behind this strategy is my confidence in Google's long-term prospects. I believe that Google’s stock is unlikely to drop significantly below the $130 level. Selling puts allows me to capitalize on this belief by earning premiums, regardless of whether I end up buying the stock. The process of selling put options involves selecting a strike price and expiration date that align with my market outlook. In this case, the $130 strike price is considerably below the current market price, providing a significant margin of safety. Once the option is sold, I monitor the price movement and market conditions closely.

**What I Will Do Next**

My next move is to manage this position by setting a target buyback price. I plan to repurchase the put option at $5.44. This repurchase strategy allows me to lock in profits from the premium received and prepare to sell another put option, repeating the process to generate consistent income. By employing this strategy, I aim to make a steady profit while potentially acquiring shares of Google at a favorable price. It’s a disciplined approach to options trading that leverages market volatility and my confidence in the underlying stock’s stability and growth potential.

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@MillionaireTiger 

@CaptainTiger 

@Daily_Discussion @TigerStars