$MSFT 20260501 375.0 PUT$ MSFT has had a strong recovery recently, rallying over 21% from its late-March low of around $356. However, unlike some of its tech sector peers that have surged to all-time highs alongside the QQQ, Microsoft still has a bit more ground to cover and currently sits about 23% below its October peak of $557.
I am viewing today’s pullback as a minor pause or a breather, providing an ideal entry point to open a Cash Secured Put (CSP) expiring next week. This timing plays well into the earnings week on April 29, allowing me to collect a juicier premium due to the elevated volatility leading up to the announcement. I’ve set the strike about 10% lower than the current level, and I certainly wouldn't mind taking assignment if the share price nears that mark, as it represents the entry level I missed when the stock was trending down a few weeks ago.| Side | Price | Realized P&L |
|---|
| Sell Open | 1.80 | +30.56% Holding |
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