• support@madhedgefundtrader.com
  • Member Login
Mad Hedge Fund Trader
  • Home
  • About
  • Store
  • Luncheons
  • Testimonials
  • Contact Us
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu

Trade Alert - (GOOGL) December 15, 2023 - EXPIRATION AT MAX PROFIT

Trade Alert

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.


Alert

 

Trade Alert - (GOOGL) – EXPIRATION AT MAX PROFIT

EXPIRATION of the Alphabet Inc. (GOOGL) December 2023 $110-$120 in-the-money vertical Bull Call spread at $10.00 or best

Closing Trade

12-15-2023

expiration date: December 15, 2023

Portfolio weighting: 10%

Number of Contracts = 11 contracts

With this trade, we really nailed the ballistic melt-up in falling interest rate plays since October 26.

Just to be clear, this position does not expire until after the close today, December 15. I’m sending this expiration alert out now, so I don’t overwhelm you with too many expirations at max profit in one day.

With (GOOGL) stock now a reasonable $11.74, or 9.78% above the nearest $120 strike price it’s safe to call this one a “win” with only hours left until expiration
Given that the long-term top in interest rates and the bottom in fixed income prices are in, I am looking for leveraged plays on Artificial Intelligence, for which I expect $1 trillion in capital investment in 2024.

As a result, you get to take home $1,100 or 11.11% in 23 trading days. Well done and on to the next trade.

Alphabet’s accounts for 92% of the online search industry and a majority of online advertising. It has been a major investor in AI for a decade. Now is the time to reap the dividends. Think of it as 1995 all over again, when cheap Windows, inexpensive PCs, and the Internet all hit at the same time, generating a 10X move in stock prices.

Alphabet is the perfect play on a recovering global economy, which I expect.

This was a bet that Alphabet would not fall below $120 by the December 15 option expiration.

For more about (GOOGL), please click here for their website.

Here is the specific accounting you need to close this position:

EXPIRATION of 11 December 2023 (GOOGL) $110 calls at……….......$21.74

EXPIRATION Sell short 11 December 2023 (GOOGL) $120 calls at....$11.74

Net Proceeds:……………………..….....................….………..………….….....$10.00

Profit: $10.00 - $9.00 = $1.00

(11 X 100 X $1.00) = $1,100 or 11.11% in 23 trading days.

 

 

Share this entry
  • Share on Facebook
  • Share on X
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share by Mail
https://www.madhedgefundtrader.com/wp-content/uploads/2016/02/Alert-e1457452190575.jpg 135 150 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2023-12-15 12:32:332023-12-15 12:32:33Trade Alert - (GOOGL) December 15, 2023 - EXPIRATION AT MAX PROFIT

tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Mad Hedge Fund Trader (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade. 

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.

Copyright © 2025. Mad Hedge Fund Trader. All Rights Reserved. support@madhedgefundtrader.com
  • Privacy Policy
  • Disclaimer
  • FAQ
Link to: Trade Alert - (BRKB) December 15, 2023 - EXPIRATION AT MAX PROFIT Link to: Trade Alert - (BRKB) December 15, 2023 - EXPIRATION AT MAX PROFIT Trade Alert - (BRKB) December 15, 2023 - EXPIRATION AT MAX PROFIT Link to: A Tech Company Most People Haven't Heard Of Link to: A Tech Company Most People Haven't Heard Of A Tech Company Most People Haven't Heard Of
Scroll to top