Microsoft Corp.
Short
Updated

MSFT Short

267
Earning 4/25/2023 After Market. (Positive)
Open GAP and ran into Supply Zone, sell pressure confirmed Supply Zone.

Short Sell 296
Stop 301
Target 270, 250

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active
BuyToOpen 2023 Sep Put butterfly P210/240/270
Limit 2.75

No Stop in Option, 2.75 is the hard stop, which is the max loss.
Trade closed manually
SellToclose 0.44, loser

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