This MSFT CSPut was a swing trade, opened on Monday when the share price gapped down along with the market's pull back. likely due to the high IV on Monday, the option stayed very to my favor even the share price continued to slide over the next few day.
The share price was very close to the support side of the channel the stock has been trending within, thought it will get down to it, however it seems to have bounced off the 200EMA juat above it. Likely the share price gonna head back up from here, coming Monday will open a new put contract close to the money as don't mind getting assignment of the share at this level if the share really keeps heading back up, the close to the money premium will be attractive to profit from.
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.
欢迎立即开设CBA，享受高达20,000新加坡元的交易限额，即将推出的新加坡、香港和美国股票以及ETF的0佣金、无限制交易。点击此处了解更多信息。
其他有用的链接：
Great article, would you like to share it?