GOOGL: take loss.
Decided to close this covered call with a loss.
The strike selected was $250 and its expiring Fri 24th Oct in few hours time.
The market is really bullish today and GOOGL is up 3.2% trading at $261.68.
Decided to either roll to a further date or to close and take loss.
Final decision was to close and take loss while also take profit on the underlying long call which is now also much more profitable due to the rise in GOOGL price.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 10.80 1Lot(s) | -299.97% Closed |
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- huuou·2025-10-25It's tough to take a loss, but sounds like a wise decision prioritizing overall profit.LikeReport
