Our Alphabet (GOOGL) short call expires tomorrow. Let’s take advantage of Alphabet’s earnings announcement on 2/2 to collect a larger credit while rolling our short call up. We will likely roll the call again ahead of the earnings date.
Alphabet (GOOGL): 91.44
TRADE ACTION: ROLL the GOOGL 13 Jan 87 call to the 3 Feb 88 call for a net credit of around 1.40 to 1.50
BTC the GOOGL 13 Jan 87 call
STO the GOOGL 3 Feb 88 call
The Master Portfolio is trading 5 contracts.