Alphabet Stock Stays Flat - Ideal for GOOGL Short Put and Put Credit Spread Plays

Alphabet, Inc. (GOOGL, GOOG) stock has been flat for the last 1 to 3 months. That works for investors who short out-of-the-money (OTM) puts or do vertical put credit spreads. They collect income in both plays.

For example, GOOGL closed at $347.33 on Thursday, Sept. 17, about where it was last month ($344.00 Aug. 17) when I last wrote about GOOGL in a Barchart article: “Alphabet Stock Has Attractive Short-Put Yields As GOOGL Stock Treads Water.”