GOOGL: collect $195 (1%) premium for this covered call when selling this fresh covered call at $195 and closing the one expiring 1st Aug at $190.
New contract will expire in 2 weeks on 15th Aug and the new strike of $195 is $5 higher than the last one to reflect its higher price now.
Decided to roll as the expiring contract will likely be in the money as it had been trading above $190 for most of the week.
There might be some resistance going into recent high at $198 but I do hope the $195 strike can stay profitable too.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -1.95 1 | -- Closed |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Kristina_·2025-08-04What’s the profit now[Miser]LikeReport
