This put was opened back in March. At that point have a few similar positions and some was given early assessments when the market tanked back in April when Trump escalated the trade war. However this was rolled out to a much farther out date to avoid assignment, with MSFT now gaining back traction or for that matter, the whole market is, decided to roll back his now back to a shorter expiration date and higher strike. This should expire worthless if the stock price hold up until then. Helps to reduce unnecessary holding up of Margin once this is resolved
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Credit Close | -0.50 1 | -- Closed |
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- Venus Reade·07-10Weekly chart target is 557. May pullback at 512-15 area but likely to keep stair stepping till 5571Report
- Valerie Archibald·07-10I guess Msft would be at $ 515 this week !1Report
- jingli·07-10Sounds like you have a solid strategy in playLikeReport
- DeltaDrift·07-10Solid plan[Smart]1Report