YoungInvestorsUCF

Long Weekly $MSFT Aug 29 45.5 Puts

Short
NASDAQ:MSFT   Microsoft Corp.
Short MSFT 45.5 weekly puts on a near test of the 45.5 level. After testing that line twice, it has failed to breakout again today.

MACD is flattening out, stochastics are heavily overbought and price action is near the top of the Bollinger bands. Option IV also very low, near 13%
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