$GOOG DIAGONAL 250613/250627 CALL 175.0/CALL 180.0$ GOOG: risk management trade. Existing covered call with strike of $175 will expire on 13th June and last Fri price was already trading higher than that.Not willing to part with the bullish position yet so decided to roll this call out by 2 weeks to 27th June with an update strike price of $180.GOOG still seems undervalued among the Mag 7 and was a laggard this year so far. Maybe the threat of AI against if search engine dominance is putting a dampener on any potential explosive gains on its stock. Still a super profitable cash generating business and it all depends on investing horizon or whether we still believe in their story and business moats will be able to fend off the AI revolution and turnaround fast enough to lead again.
GOOG Diagonal
06-13 23:25
US175.0/180.0
SidePrice | FilledRealized P&L
Credit
Close
-0.26
1
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Closed
GOOG DIAGONAL 250613/250627 CALL 175.0/CALL 180.0
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