MSFT Trade on Jun 5, 2020 13:25 from Marius: Tradervue User Stock Trades.

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Marius

Sharing my first live option trade testing the waters after seeing progressive results and upsizing on paper. This is on a MSFT short put vertical expiring next Friday. Noticed the momentum and rotation of the overall market. AAPL hitting all time highs breaking out from a daily range. MSFT has been ranging but has yet to follow through breaking its daily range and into 52 week highs.

Return on risk is about 20% over 6 trading days. Looking to mitigate risk if 182 breaks, market reverses sharply, or at 50% to 90% total premium profit depending on market and breakout momentum.

Trade earned ~60% profitability 2nd day into 11 day contract.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-06-05 13:25:21	12 JUN 20 182.5 PUT	sell	$1.040	short
2020-06-05 13:25:21	12 JUN 20 180 PUT	buy	$0.6100	long
2020-06-09 13:31:05	12 JUN 20 182.5 PUT	buy	$0.3500	0
2020-06-09 13:31:05	12 JUN 20 180 PUT	sell	$0.1800	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MSFT&trade=15422667&end=20200609160000&i=m60&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MSFT&trade=15422667&end=20200609160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MSFT&trade=15422667&end=20200609133105&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MSFT&trade=15422667&end=20200609133105&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=vwap(none)');}

MSFT Trade on Jun 5, 2020 13:25 from Marius: Tradervue User Stock Trades.

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