MSFT ATH Break

Broke ATH, good long entry on the close if >306.

Long Calls work well, but I will be using Call Debit Spreads IAW my risk tolerance & time horizon.

Call Debit Spread
Cash Collateral
Levels on Chart
SL < 305.86
*Stops based off underlying stock price, not mark to market loss

The Trade
BUY
10/29 307.5C
SELL
10/29 320C

R/R & Breakevens vary on fill.
The long call is placed ATM for higher chance of profit,
The short call is placed 2 standard deviations away.

İşlem aktif

Filled at 3.95 yesterday.
Flat day today. A close today above yesterday's close (307.29) is a strong signal,
SL @ daily close under 305.86.

İşlem aktif

These calls are ITM with MSFT still holding support.

İşlem aktif

Call ITM, earning coming up at 5:30 PM EDT.

Closing out 1/3 of position to manage risk into earnings.
Closed 1 @ 4.85, 23% gain.

İşlem elle kapatılmış

Good earnings for MSFT, full position closed out @ 9.00, +127%.

Although I am still long the stock, I am closing here because its same week expiration and I am not willing to give the position a chance to reverse on me.

BarnardR

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

BarnardR