Googl drop more 6% today due to Doj wants to break up their monopoly business 🙀.

Even if they do break up, the court case will take ages. But for now, we just need to see how things work out.

Sell csp at 150 strike, 91 dte feb21/24, Premium 345, delta -0.212, iv 28.6%, Annualised Return 9.2%. You can decide on your strike price levels, 160,155, 150 or 145 depending on your risk tolerance.   If you think, the market is over reacting, you can even do atm. But as always, remember to have 150 x 100 shares = 15k for collateral incase of assignment risk if googl drop below 150 upon expiry 😃.