130: GOOGL Earnings Trade Success
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Description
In this episode, I walk through my recent GOOGL earning trade in which I held shares into the earnings event but added a risk free collar trade for protection. As you'll hear, the collar trade caps my upside but gives some downside protection in case the stock were to rollover. At the time of this posting, GOOGL was up a little over 5% on an earnings pop and I've since exited most of the trade for profit. Feel free to reach out to your host Eric O'Rourke on Twitter for any follow up questions, comments, or feedback. Eric O'Rourke: https://twitter.com/OptionAssassin After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next. Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income. Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222 Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.
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