GOOG Alphabet Options Ahead of Earnings | Last Quarter of Growth

As you can see, the last chart was pretty accurate:

Now I think this year we will see Google losing ground in the advertising industry.
The Justice Department filed an antitrust lawsuit Tuesday against Google alleging the company of abusing its dominance over smaller rivals by operating like an illegal monopoly.
MSFT Microsoft bought a 49% stake in OpenAI, who owns CHatGPT, that ca really be a rival to Google in answering questions.
As a matter of fact i am using ChatGPT more than Google search right now.

So i believe this is the last quarter of growth for GOOG / GOOGL, as you can see in the chat, because Q4 was not impacted by ChatGPT so much.

Looking at the GOOG Alphabet options chain ahead of earnings , I would buy the $100 strike price Calls with
2023-2-10 expiration date for about
$2.66 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.

Looking forward to read your opinion about it.

Trade chiuso: obiettivo raggiunto:

Regardless of the earnings results after the bell, i have closed the calls at $8.70 today, from $2.66, when i posted this article. a decent 327% gain. GOOG trading at $108.66 intraday.

Trade attivo:

GOOG lost 8% today because suddenly everyone is using Bing! On it$86!s way to the next Price Target of $86!

Commento:

Google's new AI tool Bard make a factual error in its first live demo.
Google pulled the video from YouTube.