Everyone is expecting a V recovery again like in March and July and sentiment is extremely bullish so I don’t think it will happen. Similar to how $CHTR rallied at extreme pessimism from 102->120.
Unfortunately I sold $CHTR at 108 but made 15k on the way up before switching to $GOOG calls. Made 10k on those today.
I would like to be a long term $GOOG investor but I think the market is still going to tank in the short term. Today with the election euphoria was a setup to trap the bulls and then continue the correction and cause more cascading margin calls imo.
Short every pump. The trend is still bearish.
TLDR:
$123,000 on $GOOGL 1/15/27 300 Puts
60 contracts @ 19.75 avg
Target is $275 next week.