I closed $MSFT 20241122 450.0 CALL$  ,My outlook for MSFT after earnings is not according to plan. Price went down after the earnings announcement. The price movement makes my short call profitable, but the long call loses money too, for the diagonal spread setup. Maybe I should have closed the diagonal spread before earnings or major events.Anyway, I decided to roll my short call to lower strike price to collect some premium. This is because, the long call DTE is still left about 2 months. this trade is to buy to close the existing short call. Will share the new short call in another trade feed Shortly.
MSFT CALL
10-31 21:53
US20241122 450.0
SidePriceRealized P&L
Buy
Close
1.13+87.33%
Closed
Microsoft
# Trade Feed: Who is your favorite star traders?

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.

Report

Comment2

  • Top
  • Latest
  • Aqa
    ·11-02
    Liked and followed
    Reply
    Report
  • Great article, would you like to share it?

    Reply
    Report