What Does Google Inc’s (GOOGL) New CFO Mean for the Stock?

What Does Google Inc’s (GOOGL) New CFO Mean for the Stock?
Google Inc. is a global tech company with operations in nearly every part of the tech space. The company’s stock is currently trading around $57900 in a 52 week range of $490.91-$608.91. The stock has been doing relatively well this year with shares rallying 9.3% year to date. Over the past 12 months however, the stock hasn’t done much. Shares of GOOGL are only higher by 0.08% over the past 12 months and investors are looking for a catalyst in the name.

One catalyst may be the recent announcement that Ruth Porat, ex Morgan Stanley CFO, will be taking the place of retiring Google CFO Patrick Pichette. Porat is widely regarded as one of the most powerful women on Wall St. and will be taking the spot at Google later this week.
So how can a trader take advantage of a potential management shakeup catalyst using options? If a trader was looking for a longer term strategy they may choose to employ a strategy like this.

Potential Trade: This is a stock replacement strategy that allows a trader to take a long term bet in GOOGL without tying up the capital it would take to buy the stock.

Trade: Buying the GOOGL Jan 2016 535 Calls for $75.00
Risk: $7500 per 1 lot
Reward: Unlimited
Breakeven: $610.00