$180 Profit
MSFTLong Option
melody

Got back in this one on the bounce, but it held up much better than I expected. With time decay and the strike price being a little further out (I chose this one due to wash sale rule and my having just used the 235 strike), I was not certain this play would go my way. I did cost average a number of times when it bounced back up because I was fairly confident it wouldn't hold, but this was a bit beyond my desired risk comfort at the moment. Locked in solid profits when it went down around 237

000
DatePrice
Entry12/30/20221.87
Exit12/30/20222.05
  • Total Views2
  • Position Size10
  • Percentage9.63%
  • Option TypeCALL
  • Strike232.5
  • Expiration1/6/2023
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