To The Moon

$MSFT 20260227 390.0 PUT$ $MSFT 20260227 390.0 PUT$ MSFT: taking profit ahead of short put expiry.  Market is weak today at open and might be closing down for the day.  MSFT trades close to the short put price of $390 and at risk of assignment of stock price continue to fall.  Decided to remove the risk by taking profit and secure the trade as a fair bit of available capital was recent deployed to buy in another counter. 

$Strategy(MSTR)$ MSTR: Bought 100 shares as part of short put got exercised by counterpart.  With the buying cost at $145 and MSTR trades below $130, the chance of assignment is always present.  Will be selling covered calls next week to offset holding cost.  BTC had been weak and MSTR is in whole lot of pain after recent BTC price went below they're holding cost, effectively taking paper loss.