GOOG is consolidating. Very similar to March. Look at March 17 to April 3. Very similar to Sept 21 through present. I believe GOOG is ready to shoot back up with first u-turn being around 1679. If it is a strong move to that level, it could blast off to the 1850 range before the end of the year.
These are longer term plays, and we have a couple variables. #1 - will there be a stimulus package, #2 earnings coming up toward the end of Oct.
I am considering 2 plays here, not sure which one yet. #1 short put credit spread, #2 Iron condor.
the biggest challenge at present, is a lack of options volume.
These are longer term plays, and we have a couple variables. #1 - will there be a stimulus package, #2 earnings coming up toward the end of Oct.
I am considering 2 plays here, not sure which one yet. #1 short put credit spread, #2 Iron condor.
the biggest challenge at present, is a lack of options volume.
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more than reached
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