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@mster
$Microsoft(MSFT)$ $Microsoft(MSFT)$ has exhibited a downward to sideways trend since reaching its peak in mid-July. In my portfolio, I hold a Leap Call on MSFT with a strike of $290 set to expire in January 2024. To generate additional income during this period of price fluctuation, I’ve been consistently selling weekly Covered Call options against this Leap Call. Following a positive earnings report, MSFT is now showing signs of a resurgence, and I am optimistic about its potential to surpass its previous peak of $360 in the upcoming trading weeks. I plan to monitor the upward momentum closely and will consider closing the Leap Call option upon encountering resistance. Moreover, I aim to capitalize on the ongoing upward movement by potentially executing 2-3 more weekly Covered Call Options along the way toward my $360 target price. This strategy aligns with my objective of maximizing returns while navigating the evolving market conditions. @TigerEvents @Tiger_SG @CaptainTiger @Daily_Discussion @TigerEvents
$Microsoft(MSFT)$ $Microsoft(MSFT)$ has exhibited a downward to sideways trend since reaching its peak in mid-July. In my portfolio, I hold a Leap Call on MSFT with a strike of $290 set to expire in January 2024. To generate additional income during this period of price fluctuation, I’ve been consistently selling weekly Covered Call options against this Leap Call. Following a positive earnings report, MSFT is now showing signs of a resurgence, and I am optimistic about its potential to surpass its previous peak of $360 in the upcoming trading weeks. I plan to monitor the upward momentum closely and will consider closing the Leap Call option upon encountering resistance. Moreover, I aim to capitalize on the ongoing upward movement by potentially executing 2-3 more weekly Covered Call Options along the way toward my $360 target price. This strategy aligns with my objective of maximizing returns while navigating the evolving market conditions. @TigerEvents @Tiger_SG @CaptainTiger @Daily_Discussion @TigerEvents

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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