By Dan Darrow

November 30, 2022

Intraday Update: MSFT

After nearly hitting the stop yesterday, MSFT has pulled a fast 180 with a strong rip higher today, and the late afternoon move to 250+ is nailing the initial target for the Dec30 $250 -$260 call spread. The plan will be to lock in some money and roll up to a tighter Dec30 $255 - $260 call spread. The next target is 255+.

Open Positions

* The following Open Positions pertain to the Options In Play trade ideas from this and previous editions. Disclosure of the Trader Co-Author’s actual portfolio holdings, as of the date of each publication, is made below under "Trader Author Portfolio Holdings.".

Trader Author Portfolio Holdings

**As of the date and time of publication