Well after earnings and seeing the stock pop up, many investors might be wondering what to do next with GOOGL?
This 60 minutes chart is quite telling, this looks like a great opportunity to start selling premium. Looking at GOOGL over the last few days you can see that it has lost its energy. While implied volatility isn't at its highs prior to earnings, this stock is still packed with premium. I'm looking for Iron Condors this week as long as the 60 minutes chart keeps looking like its losing momentum.
This 60 minutes chart is quite telling, this looks like a great opportunity to start selling premium. Looking at GOOGL over the last few days you can see that it has lost its energy. While implied volatility isn't at its highs prior to earnings, this stock is still packed with premium. I'm looking for Iron Condors this week as long as the 60 minutes chart keeps looking like its losing momentum.