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Barchart

Mark R. Hake, CFA

Alphabet Stock is Trading Flat - How to Make Money With a Short Put Play

Alphabet Google OTM Barchart

Alphabet Inc. (GOOG, GOOGL) stock has been trading flat for the past month. Existing shareholders and potential new investors can make extra income by shorting out-of-the-money (OTM) put options and setting a lower buy-in target.

GOOG is at $193.46 in midday trading on Friday, Jan. 3, 2025. That is close to where it was trading on Dec. 13, when it closed at $193.63.

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