How to Play Alphabet, Inc. (NasdaqGS: GOOGL) Price Bounce

TheOptionPlayer.com sets up an Alphabet, Inc. (formerly called Google) (GOOGL) short-term (8-day) option strategy. Investors could simultaneously: Sell the January week-three expiration GOOGL $700 put for $2.63 (Thursday’s closing quoted bid/ask mean) AND Buy the $695 put at $2.05 The difference between funds received and paid out is a $.58 per share credit which we…

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