Anatomy of some GOOGL CSPs lately...
First: Solid franchise company with economic moats. Antitrust issues playing against arguments that break-up value was 25% above current stock price at start of position.
Started 37-delta, 18-DTE on 11/25 (tight, i know, but I would've been happy to buy shares at a 5% discount to the price at the time...which turned out to be true.
3 rolls up & out.
Should I be kicking myself for not just buying the stock?
Stock up $29.77 from $168.38, so $2977 on 100 shares. 17.7% in 6 weeks. Not too shabby!
CSPs earned $725 on $3500 margin, so 20.7% in 6 weeks. Also, not too shabby...
