At Sonnysmoney we exclusively focus on the SPX. But sometimes opportunities arise in certain stocks that are too good to pass up.
GOOG has been taking a beating since making all time highs in march.
200 day MA is still rising and currently at $707.
sold -2 695/690 bull put spread
.34 gross credit per contract
$1000 margin being used
Expiration next Friday
Full 2% below 200 Day MA. 200 day should be above $710 later this week.
Good luck to all!