To The Moon

Google Recent Developments:

• The final remedies in Google’s search antitrust case turned out far better than the market expected.

• Google is not required to spin off Chrome or the Android operating system.

• Google can still pay for default placement, with the only change being contract terms now limited to one year.

• The only real negative: Google must share part of its search index and user interaction data with “qualified competitors.”

How to Evaluate the Outcome:

• The data-sharing requirement does not include Google’s core ad data, so the impact is manageable.

• AI is continuously strengthening Google’s competitive position; the company has a clear “full-stack” advantage in AI.

• Key business metrics, such as paid clicks, accelerated in Q2.

• The Google Gemini LLM is catching up to GPT-4.

• $GOOGL$ is one of the few companies able to deliver double-digit revenue and EPS growth at scale, while maintaining a GAAP operating margin above 30%.

Trading Strategy:

• If you’re holding the stock, consider selling out-of-the-money calls to generate income in this phase.

• If you want to chase $GOOGL$ higher but are worried about buying near the top, selling out-of-the-money puts is a smart alternative.

Example trades:

• Covered call: $GOOGL 20250912 242.5 CALL$  (87% win rate)

• Cash-secured put: $GOOGL 20250912 222.5 PUT$  (85% win rate)