Stock / Symbol: Microsoft / MSFT
Option Strategy: [private_monthly]calendar call spread[/private_monthly]
Trade entry date: Dec 23
Price at trade entry: $25.97
Price at this post: $29.65
Current Position:[private_monthly]
Long 10 MSFT Mar12 29 Calls
Short - 10 MSFT JanWk4 29 Calls
[/private_monthly]
Adjustment: [private_monthly]
With our short calls ITM and expiring this Friday, we're rolling them over to the FebWk1 calls. [/private_monthly]
Trade Adjustment Details:
[private_monthly]
BTC - 10 MSFT JanWk4 29 Calls
STO - 10 MSFT FebWk1 29 Calls
for a net credit of $0.09 per contract (GTC, limit order)
[/private_monthly]
Risk analysis:
Max Risk: $400
Max Reward: $250 or 62% @ $29 by Feb 3
Profit Range: $28.45 - $29.50 by Feb 3
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