Options Playbook Radio 217: GOOGL Diagonal into Earnings

We are in the heart of earnings season, and next week a lot of the FANG stocks will announce. Let's take a look at a diagonal spread in GOOGL. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition. Specifically: Why a diagonal spread? What is a diagonal spread? Setting up a trade GOOGL announces earnigns on 7/23 Selecting the strikes and expirations What do we want to happen? What do we want to avoid? What is the risk? Reward? Remember margin! Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].