Google's Relative Performance to the Nasdaq 100

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GOOG is up $714 year-to-date thru June 7th. That's a 41% gain for the year.

The NASDAQ 100 is up $914 year-to-date. A mere 7% gain for the year.

Based on Google's relative out performance (>30%), and in consideration of the recent tech rally over the past 2 weeks, and as a contrarian play ...

I thought it would be smart to pick up a Jul '21 Put contract this afternoon.

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GOOG closed last September at $1464. Has as PE ratio of 41.83 actual for 2020; a forecast PE of 27.41 for 2021.

Not going to hold that Put contract for long. Currently down the price of a premium android cell phone.

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But I need to quit reading stock charts for now, so I can watch Haulover Inlet videos on YouTube.

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Orange shaded area is NDX performance.

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