Morgan Stanley
Updated

Drunk Guess, as at 2/2/2021.

108
Looks bout right?
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2/5/2021 69C Buy @ 1.5
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Rolled 2/4/2021 69C to 2/12/2021 $71c and $72c.
Bought 4/16/2021 75C @ 3.47.
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Closed 2/12/2021 $71c/72C purchased with rolled 69C @ 50% profit. Now holding 2/3 of my account in cash waiting for a small dip, and remaining 1/3 of profit in MS 4/16/2021 $75c.
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Bought 2/19/2021 $73c on morning dip @ 1.95. Still watching for fakeout transitioning to a week of consolidation, or breakout to $80.
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Closed half of mornings $73c buy when underlying was around $74.40 (good profit) and then sold 2/19/2021 75C to create 72c/75c spread with the remainder.

Can sell long leg of 2/19 spreads and use the 4/16/2021 75C I bought yesterday to transition position to 2/19 - 4/16 calendar spread if chart shows signs of consolidation.
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Sold short leg of spreads close to the bottom of the morning dip and put about one-quarter of my account into 2/19/2021 $74c. Down 2.7% today, but still up 57% overall since drunken guess.
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Zero positions closed for a loss since 2/2 (both legs of the spread closed in profit!) +59% 2/3rds in calls and 1/3rd cash.
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Still looking quite promising. snapshot
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Closed to cash. +100%.
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MACD is going to do what I said it will do. I put 3k out of my $20k account (started this drunken trade with $10k, so I am currently up 100%) into 2/18 $75/74p spreads and bought the short leg ($74) when it was a couple hundred in the money. I'm still holding the naked long leg (2/19 75P).

'naked long leg' -- hehe
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