To The Moon

I opened $MSFT VERTICAL 241018 CALL 430.0/CALL 415.0$ ,In both weekly and daily charts, the stochastic looks like reversing up towards buying. So, I am expecting the price to go up in the coming days/weeks. Hence, decided to enter this bull call spread.

I closed $IQ 20240830 3.0 PUT$ ,IQ: collected full premium from this cash secured put when it expired in the money and the stocks get assigned. The trade went south when Iqiyi’s earnings on 22nd Aug disappoints and market sold it down by about 30% to close at $2.15 now. Instead of rolling, decided to take on the stocks and sell call in coming weeks instead.