Trade Alert - (GOOGL) May 12, 2025 - TAKE PROFITS - SELL
When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline.
Tech Alert - Alphabet Inc. (GOOGL) – TAKE PROFITS
SELL Alphabet Inc. (GOOGL) June 2025 $125-$130 in-the-money vertical BULL CALL spread at $4.90
Closing Trade
5-12-2025
expiration date: June 20, 2025
Portfolio weighting: 10%
Number of Contracts = 23 contracts
GOOGL has exploded higher in the 5 days we have held our bull call spread, and we are taking profits right away.
The improvement in trade relations has meant the Nasdaq is up over 4% today.
Here are the specific trades you need to exit this position:
Sell to Close 23 June 2025 (GOOGL) $125 calls at………..…$34.10
Buy to Close 23 June 2025 (GOOGL) $130 calls at………….$29.20
Net Proceeds:……………………..…….………..…….....................$4.90
Profit: $4.90 - $4.30 = $.60
(23 X 100 X $.60) = $1,380 or 13.95%
If you are uncertain about how to execute an options spread, please watch my training video by clicking here.
The best execution can be had by placing your bid for the entire spread in the middle market and waiting for the market to come to you. The difference between the bid and the offer on these deep-in-the-money spread trades can be enormous.
Don’t execute the legs individually or you will end up losing much of your profit. Spread pricing can be very volatile on expiration months farther out.
Keep in mind that these are ballpark prices at best. After the alerts go out, prices can be all over the map.