MSFT: collect 0.85% for this cash secured put on with strike at $385.
Contract expires in 3 weeks on 14th Mar.
MSFT had fallen about 12% from its Dec 2024 high and was bearish this week after news of reducing datacenter capacity contracts.
It's never easy to know when to enter a good long term stock such as MSFT so decided to jump in and start selling puts for both premiums and potential to buy the dip when it hits $385.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links: