Trade Ideas
UOA PRO Update MSFT 7-30
9,895 04September 465 calls bought in one order for 12.90 above open interest of 86 contracts. Stock 452.28.
Status Update
Ticker: MSFT
Stock: 455.49
Expiration Date: 04SEP
New UOA: 9,895 04September 465 calls bought in one order for 12.90 above open interest of 86 contracts. Stock 452.28.
UOA PRO New Trade Idea MSFT 7-23
Ticker: MSFT
Type: Bullside Idea
Stock: 385.96
New Trade Idea
Ticker: MSFT
Stock: 385.96
Trigger: 385.53
Targets/Resistance: 388.58, 390.67, 382.62, 395.16, 399.15, 401.99
Expiration Date: 27JUL
UOA: 8,500 31July 435 calls bought for 3.00 to 3.20 above open interest of 2,715 contracts. Stock 388.69-388.96.
MSFT $384.63 Last.
Large far OTM call buy set out a week that are EPS-inclusive. Charts are tilting negatively in MSFT but with all breakdowns, there is the possibility that this one is false. If it does reverse, they often run strongly to create pain for the fresh shorts and capitulated longs so have to prep for that case with this hit. However, this could certainly be a hedge of sorts for a player that sees the $DXY, TNX, and USD/JPY all jamming in concert with GOOGL and TSLA being thrashed today so we also havd a bearsider.
Trigger: $385.53, 20 SMA currently.
Strategy 1: Consider the MSFT 27July 387.50 calls for $4.30 projected at trigger level today. Have to keep uncapped and have to go with Starter Kit to keep $ risk down in this market. Logic behind is that IF this market suddenly reverses, it would likely leave many extremely slack-jawed due to what’s developing presently or, put another way, it looks dire now if this is saved, many will be surprised by it. One can always roll out to gain more time if this scenario (somehow) unfolds.
Targets: 388.58, 390.67 (15 SMA currently), 382.62 (10 SMA currently), 395.16, 399.15 (100 SMA currently), 401.99