
I bought a ton of different leaps before and after ðŸ¥'s tariff adventure, totaling $33k cost basis, ending up worth 1.35M.
This is the best returning specific lot, on a Jan 2027 380C purchased on April 4 last year when GOOGL hit 145.
Realized about 900k of the gains including the above position to derisk (hurt to do), but holding onto about 500k of the longest dated positions (Dec 2027 365C) as I still strongly believe in the company.
Also because it pisses off people here, putting some of the gains into more GLD LEAP puts because gold is more speculative than BTC at this point.
https://i.redd.it/a1sft7bgfy0h1.png
Posted by trentcoolyak
24 Comments
Wild timing on that entry when Google was at absolute bottom, could probably buy small house with those gains in my area
did you pick any strike or you chose specific?
[deleted]
new to options, why were the costs so low?
What the shit
Were this ATM? And how close to strike?
I had this option too but sold for 10x, wild that it went up 10x again
Bought a single call contract with strike at 400 expiring on Jan 15 2027 back in January of this year. That call option has double its value for me. To see this is even more wild
What’s your strategy for buying leaps? How far in advance, how deep ITM/OTM, target delta?
https://preview.redd.it/0uaa7ti4qy0h1.png?width=498&format=png&auto=webp&s=5403c3e5302e663504952b9e1d05e218fcc3e5f1
Imagine having $33k to just invest like that, would be wild
At first I was like 4/4 was a saturday? Then realized it’s 4/4 2025.
Nice trade OP!
what the shit. in april 2025 you bet google was going to be at 380???
Nice gamble
Congrats and F you, 100X.
https://preview.redd.it/clcahx4buy0h1.jpeg?width=1080&format=pjpg&auto=webp&s=7639ce74640666da7ccb8445e0addd21df7efd7f
All time trade! Man if you had put 10k in at the start 🫪
Good timing there with Liberation Day.
Amazing.
I have a similar entry date but the $190 call.
Sold several when the price pumped to $250 then again at $300. Now holding another 5 and kept all my shares.
Best trade I’ve executed aside from early btc exposure.
Don’t remind me. I had these and sold for 10x, alongside my SNDK $180 calls…
This hurts more because so many people (including me) had the opportunity to double down on GOOGL (at least shares if not options) in April / May 2025 & did not proceed
Congrats OP
You know what, good on you
This has got to be META now right? Values pretty low so the LEAPs can really move.