Uncertainty continues to loom over the market as investors movie money around, let’s see what I did in my option portfolio this past week.
MSFT 21 JUN 24’ Strike $405 – Sold out for a 15% gain
Sold out of MSFT due to a couple bearish candle signals on their chart. At first I thought it was one fake out signal until it continued heading lower. Letting some profit slip and not wanting anymore to leave I got out with a nice gain. There was a bit of a recovery at the end of the week, however it was not enough for me to regret getting out.
As I wait for more stability and bounces off support I will be patient and research stocks with the potential to be good plays. Moving forward I will only write new posts when I make a move buying or selling. This week I have not read or kept up with the market as normal. That will also change moving forward.
One response to “Sold Out of MSFT 06/01/2024”
You have to work harder to make more money and better trades.