The Ultimate Google Cash Generation Blueprint - May 02 2023

[image] [image] Our next meeting will be Tuesday June 20 at 11:00 am ET. We'll send you a reminder and link when it's time for the meeting. 05/02/23 Update: Here’s how we are doing so far… Goal: Use the stock (GOOG) as an asset to create cash flow selling Call options and to lower our cost basis so we can receive a large profit when we get “called out” of the position. 1. During our first class, on August 2nd, our starting cost on GOOG was 116. Our first trade, on August 2nd, was Sell To Open the Sept. 16, 122.5 strike price Call for 2.04. That brought in $204 for every Call contract you sold. It also lowered out cost basis on GOOG to 113.96. The contract expired worthless, and we kept all the cash from selling the Call 2. We now own GOOG at a cost basis of 113.96. On Sept. 20, on the Monday following Friday's expiration, we Sell To Open the Oct, 26, 113 strike price Call for 1.59. That brought in $159 cash for every Call option sold. Now our cost basis is 112.37. This trade expires on Oct. 26. If GOOG is below 113 on Oct. 26 this option will expire worthless, and we will own GOOG with a cost basis of 112.37. GOOG was below 113 on Oct. 26 so the options expired worthless. On Oct. 31, We had the stock and all the premiums and our cost basis is 112.37. During our class on Oct. 31, we sold the Dec. 2, 101 Call for 1.64. Now our cost basis is 110.73. On Dec 1, I bought back the 101 Calls at 1.36 Dec. 5. During our Dec. 5th class, we sold the GOOG Jan 20, 110 Call for 1.39. Our new cost basis is 110.71. [image] Jan 23, During our class we STO GOOG, Jan 24, 110 strike price calls for 1.26. New Cost Basis = 109.45 [image] Trade #7 was during our class on Feb. 27. During that class I sold the GOOG, Mar. 31, 97 strike price Calls for 1.09. Our cost basis is now 108.36. Trade #8. GOOG goes over 97. To avoid being called out at 97, I buy back the Mar 31, 97 strike price calls at 4.59 and give back 3.50 in premium. Trade #9. I roll out the options to April 28 and sell the 109 and 110 Calls bringing in 1.78 on the 109’s and 2.00 on the 110’s. During our class on April 3, the members also sold the April 28, 109 or 110 Calls. Premiums 204 159 164 109 136 buy back 139 126 109 459 200 163 $778.00 Total premium $778 Total investment $11,600. ROI 6.7% or 13.4% on margin May 1. Last month’s options expired worthless. Today we STO GOOG June 16 115 Call for 1.63. New Cost 108.22 Trade Well, [image] I’ve opened a central telegram channel for all my memberships. This will be THE destination to hear about your latest alerts. If you want to be the FIRST to hear about every new Google update and trade, join me here: [IuuuzT4sTdE1MTIx](=) IMPORTANT: [Click Here For Our Full Risk Disclaimer]() [Unsubscribe]( Superior Information 300 Center Drive #G140 Superior, Colorado 80027 United States