GOOG Jul vol slightly higher vs Sep. IV30<HV20.
It's good opportunity for Calendar spread.
On my view GOOG can retest diagonal support at $875-880.
OTM GOOG $890 Jul/Sep Calendar looks good.
Calendar strike ~ 1/2 month SD.
Trade lifetime - 1 month.
1 Month break points - $831, $962.5.
Adjustment plan - Open new $980 call calendar if GOOG breaks $950.
I'm without position in GOOG.
LiveVol.com GOOG skew
Livevol.com GOOG HV20 (blue) vs IV30 (red)
It's good opportunity for Calendar spread.
On my view GOOG can retest diagonal support at $875-880.
Thinkorswim GOOG chart
Calendar strike ~ 1/2 month SD.
Thinkorswim GOOG $890 Jul/Sep calendar
Trade lifetime - 1 month.
1 Month break points - $831, $962.5.
Adjustment plan - Open new $980 call calendar if GOOG breaks $950.
I'm without position in GOOG.
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