Option Strategies: CBRS& MSFT

Hello everyone! Today i want to share some trading ideas with you!

1

$Cerebras Systems(CBRS)$ announces earnings after the closing bell today. This stock was wiped out last month.

Recent bottom is at 78, but its no man's land below that. Expected move is ~12%. Could CBRS drop 30% by tomorrow or by Friday next week? 🤷🏻‍♂️

We're 👀 writing the Nov 13 70P or Nov 20 70/60 or 65/60 PCS.

2

Did $Microsoft(MSFT)$ get hacked?

Microsoft said that a portion of its infrastructure was “experiencing elevated load” — which it said was “likely contributing to the connectivity errors.” The company determined a number of servers were “unexpectedly unavailable” due to a problem that caused them to fail during automated checks.

Smells like a hack ...

Follow me to learn more about analysis!!

# Options Hub

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