Buying Long Term: GOOGL long term bearish market hedge GOOGL July 510 puts 2X OVERSIZED strait long. We have a lot of long term bullish positions AAPL and TSLA on options, now we need hedge them with and were choosing to do so with GOOGL puts. Since we have seen a negative shift in earnings from GOOGL I believe that the stock may of long term toped out as the mobile space in the world of adds is less lucrative. Now if the market continues higher of course GOOGL being wall street sweetheart can ignore recent earnings temporarily and possibly reach all time highs. But if that was to happen then AAPL and TSLA should lead even stronger gains. We see GOOGL as a good place to place some bearish protection against other bullish market bets and outlook.
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!
Buying Long Term: GOOGL long term bearish market hedge GOOG
- MMASSASSIN
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