$MSFT set new 52 highs last week (April 5~10), and the indicators say the trend is still moving up before we see any kind of reversal.
Due to the ATR being above $5.00, I'll give it at least 3 days to make new highs of $8+, -perhaps- peaking at $265 before a short term dip.
I'm playing this as a last-minute weekly with profit taking at expiration or after any pullback once the underlying price reaches $265+.
Considering: Buy 1x 16th Apr $265.00 Call @ $0.41 Entry. $265 on Wednesday 4/14/21 pays apx $151.84 for a 370.3% gain, excellent risk to reward for your portfolio. You can prob catch a pullback at a 200%+ profit with an appropriate stop-loss for you trend traders out there.
Due to the ATR being above $5.00, I'll give it at least 3 days to make new highs of $8+, -perhaps- peaking at $265 before a short term dip.
I'm playing this as a last-minute weekly with profit taking at expiration or after any pullback once the underlying price reaches $265+.
Considering: Buy 1x 16th Apr $265.00 Call @ $0.41 Entry. $265 on Wednesday 4/14/21 pays apx $151.84 for a 370.3% gain, excellent risk to reward for your portfolio. You can prob catch a pullback at a 200%+ profit with an appropriate stop-loss for you trend traders out there.
Trade active:
Cow_
just now
A dull day in the market overall. Microsoft acquired Nuance, a speech recognition company. Technicals still say "up we go." Oh yeah, new 52 Week high again.
just now
A dull day in the market overall. Microsoft acquired Nuance, a speech recognition company. Technicals still say "up we go." Oh yeah, new 52 Week high again.