The intent on this trade is to exit before earnings. The closing price on the trade is 42.80.
However if you’re like me and took it through earnings… then you gotta see a little more downside. The stock traded to 720 in the aftermarket and hung out around 730 through the night.
Ideally GOOGL sees a move back to 730. If we start to see a squeeze then I would look to close out the put side entirely to reduce delta risk. If you have the margin, then you can buy 50 shares here to reduce directional exposure.