In the trader tip video below, Brian is having a look at GOOG (Google shares), which has recently completed its 21 for 1 stock split. This makes the options and the share much more accessible than they have been. Looking at the charts, we can also see GOOG trading in a pretty well-defined channel with a little bit of upward bias to it.
While we are a bit bullish on the share’s longer term, we want to set up a trade structure that can tolerate some up and down movement in GOOG. We do not necessarily want to rely on the shares having to go up substantially in price to make a profit on the trade.
TO LEARN MORE ABOUT THE GOOG trade setup – WATCH THE VIDEO
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Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.