August 15, 2022

Intraday Update: MSFT

Let's book MSFT. The stock is having a solid start to the week, and the afternoon rally is sending it up into the 200day sma. Having had a sizable run since its report, this is a good area to book the remainder of the swing trade. The Sep16 $295 - $300 call spread roll up will be closed this afternoon and we will wait for a pause/pullback to potentially revisit a new strategy.

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