Sell Put Option on Google

20 days ago

Henry

"Google is one of my favorite stocks. I'm very bullish on Google. In the past 3 months, the stock went up about 15%. This is a perfect candidate for selling a put option because I don't know when Google's going to pull back. Selling a put option allows me to invest at a cheaper price than the current 168. I'm targeting the middle of the Bowlinger band at 162 1/2."

The speaker outlines a strategy to sell put options on Google, citing bullish sentiment, recent price appreciation, and technical levels as rationale. The trade involves setting a strike price at 162 1/2, which is below the current trading price of 168, thereby allowing acquisition at a discount if assigned.

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