Stayclose
07-29
$GOOGL 20250829 180.0 PUT$ I opened 1 lot(s) $GOOGL 20250829 180.0 PUT$  ,

๐ŸŸข Sold GOOGL PUT @ $2.15 โ€” Riding the Golden Cross Momentum

Just initiated selling a Cash Secured Put position on GOOGL (strike: $180, expiry: 29 Aug 2025) with premium collected at $2.15, while GOOGL traded near $190โ€“$191. Targeting a 20โ€“30% profit on premium as I ride the technical setup in play.

๐Ÿ“ˆ Why GOOGL?

GOOGL's daily chart just printed a Golden Cross: the 50SMA crossed above the 200SMA, a rare and bullish signal that historically precedes upward momentum.

As long as $191โ€“$193 holds, the next leg could challenge $198, and if momentum sustains, $202โ€“$203 is well within reach.


๐Ÿ“Š Key Levels I'm Watching:

Support Zones: $184 โž $180 โž $178

Resistance Zones: $192โ€“ish โž $198 โž $202โ€“$203

With macro tailwinds (AI, earnings strength) and technicals aligning, this GOOGL setup offers attractive risk-reward for Put sellers betting on continued consolidation or upside.

Not financial advice, just sharing my trade logic with the Tiger community.

GOOGL PUT
07-29 00:06
US20250829 180.0
SidePrice | FilledRealized P&L
Sell
Open
2.15
1Lot(s)
--
Closed
Alphabet
Modified in.07-30
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Comments

  • JackQuant
    07-30
    JackQuant
    Good! Wait to see its financial performance.
  • EricVaughan
    07-30
    EricVaughan
    Great strategy! ๐Ÿ“ˆ
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