If price returns to March's high, then I'll begin looking to purchase call options as close to the 175.00 strike as possible. These calls will have an expiration of June 1.
Trade active
I purchased call contracts today for the 175.00 strike, set to expire June 5.I risked 1%, reaching for 2%.
Note
Trade closed: target reached
I closed my MSFT calls this afternoon.I purchased 175 call contracts for a 7.00 premium and sold at a 14.00 premium.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.