GOOG: losing trade management.
Rolled out expiring covered call with strike of $190 on 25th July by another 2 weeks to expire on 8th Aug with the same strike $.
The trade is still in the money as GOOD trade at $194.08 but depending on situation, GOOG might roll back down to below $190 for consolidation.
GOOG is up 4.38% and on its 5th week of rising price so these are not good days for selling covered call as either will have to roll to new trades to buy more time or to get the underlying long positions netted off.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -2.50 1 | -- Closed |
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- HunterGame·2025-07-28TOPIt sounds like a tricky situation.1Report