Bullish bet on GOOGL
With GOOGL trading at 1266, I'm looking for a push towards 1300.
I'm buying 1250/1300 call spread while simultaneously selling 1300/1350 call spread, making this an all call butterfly.
I paid 12.80 to put this trade on and will look to make about 30% return on risk.
If the price of this trade goes to 9.00 I will exit this trade for a loss.