mster
07-10
$MSFT DIAGONAL 250919/250725 PUT 410.0/PUT 485.0$ 

This put was opened back in March. At that point have a few similar positions and some was given early assessments when the market tanked back in April when Trump escalated the trade war.  However this was rolled out to a much farther out date to avoid assignment, with MSFT now gaining back traction or for that matter, the whole market is, decided to roll back his now back to a shorter expiration date and higher strike. This should expire worthless if the stock price hold up until then.  Helps to reduce unnecessary holding up of Margin once this is resolved  

MSFT Diagonal
07-09 23:54
US410.0/485.0
SidePrice | FilledRealized P&L
Credit
Close
-0.50
1
--
Closed
MSFT DIAGONAL 250919/250725 PUT 410.0/PUT 485.0
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Comments

  • Venus Reade
    07-10
    Venus Reade
    Weekly chart target is 557. May pullback at 512-15 area but likely to keep stair stepping till 557

  • Valerie Archibald
    07-10
    Valerie Archibald
    I guess Msft would be at $ 515 this week !

  • jingli
    07-10
    jingli
    Sounds like you have a solid strategy in play
  • DeltaDrift
    07-10
    DeltaDrift
    Solid plan[Smart]
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