It's frustrating that GOOGL register a bigger fall. But I'm bullish long term as it's fundamentally great stock ( still growing, great balance sheet and P/L). As it's near 50 sma and it always respect this support (always rebound), I took a vertical spread for income - to help fund my daily expenses while traveling in Europe 😉.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Open | -1.10 3 | -- Holding |
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- BorisBack·09-24That 50 SMA bounce has a real track record — only a few stretches in the past five years stayed below it for 10+ days. Wider put spreads into vol crush make more sense though.LikeReport