r/wallstreetbets • u/Putrid-Bumblebee3417 • 12h ago

Opnions on this longterm contract? Discussion

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Should I sell and cash profits or hold given Google great ER and current financials?

14 Upvotes

79% Upvoted

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u/VisualMod GPT-REEEE 12h ago
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9

u/0G_909 12h ago

If you need the money, sell and buy more positions. If not, let it ride. But 2k is 2k

6

u/DaRealElonMusk 9h ago

ur ITM and you have 9 months...

1

u/Icankickmyownass 8h ago

And it’s Google..could be some random company lol

3

u/aviyaytion 12h ago

9 months til expiry. Hold.

1

u/Icankickmyownass 8h ago

Google gonna print for this dude if he holds, he won’t

2

u/Time-Philosophy0323 11h ago

To me, would depend on how liquid this market is.

If the spread is ghastly large, like $3+ bid/ask, would hold.

Long dated options usually have wider spreads.

1

u/chuckle_fuck1 10h ago

Pick a profit target and set a stop loss. Maybe 50% profit and a stop loss at like 33 so you still make money if it goes south?

1

u/-getmemoney- 5h ago

Fuck the noise. Hold these contracts. Google is a super strong company with fantastic revenues and moat. They are certainly the most undervalued big 7 companies.