Friday, July 26, 2024

GOOGL spread

 


this time I went for 56 days

instead of around 45 days

the strike price is better. for 56 days, the strike is $155. for 45 days, it is $160.

and also longer contract does not seem to matter much.

because usually I can only trade spreads at the start of earnings season

when companies have reported

when closer to the next earnings season, there are less opportunity

as I need longer contracts to get better strike price.

so, getting a better strike price seems better than having a shorter contract period

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