If GOOG closes below 1400 I will sell it. Because volatility is high you and the stock is expensive, you can sell the Oct 20 1500 call and Buy the 1550 for ~ $1000 credit.
For a margin account, the margin currently with Interactive Brokers is only $1,100. I will then put in a good till cancelled order to get out when option pair is ~$500
I can also wait till it hits the descending trendline, but I do not think this will happen
For a margin account, the margin currently with Interactive Brokers is only $1,100. I will then put in a good till cancelled order to get out when option pair is ~$500
I can also wait till it hits the descending trendline, but I do not think this will happen