Call Spread on MSFT on 8/26/2020

Microsoft Corporation (MSFT) develops, licenses, and supports software, services, devices, and solutions worldwide.

Wedge Formation on $ MSFTIts Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, and OneDrive; LinkedIn that includes Talent, Learning, Sales, and Marketing solutions, as well as premium subscriptions; and Dynamics 365, a set of cloud-based and on-premises business solutions for small and medium businesses, large organizations, and divisions of enterprises.

Its Intelligent Cloud segment licenses SQL and Windows Servers, Visual Studio, System Center, and related CALs; GitHub that provides a collaboration platform and code hosting service for developers; and Azure, a cloud platform. It also offers support services and Microsoft consulting services to assist customers in developing, deploying, and managing Microsoft server and desktop solutions; and training and certification to developers and IT professionals on various Microsoft products.

Its More Personal Computing segment provides Windows original equipment manufacturer (OEM) licensing and other non-volume licensing of the Windows operating system; Windows Commercial, such as volume licensing of the Windows operating system, Windows cloud services, and other Windows commercial offerings; patent licensing; Windows Internet of Things; and MSN advertising.

It also offers Surface, PC accessories, PCs, tablets, gaming and entertainment consoles, and other intelligent devices; Gaming, including Xbox hardware, and Xbox content and services; video games and third-party video game royalties; and Search, including Bing and Microsoft advertising.

It sells its products through OEMs, distributors, and resellers; and directly through digital marketplaces, online stores, and retail stores.

We will be trading September 11th Call Spread

Last Trade: $216.47

Trading Range: $132.52 to $217.64

 

 

 

Trade

  • Buy 1 September $215.00 Call at $6.10
  • Sell 1 September $220.00 Call at $3.70
  • For a net debit of $2.40

Profit/Loss Analysis

  • Breakeven at $217.40
  • Maximum profit is $260.00 at strike of $220.00
  • Maximum loss is ($240.00) at strike of $215.00

Closing Summary

  • Sold 1 September $215.00 Call at $0.00
  • Bought 1 September $220.00 Call at $0.00

Position closed on 9/11/2020 at price of $0.00 with a -100.00% loss in 16 days.

Updates

9/11/2020 9:42:00 AM

MSFT call spread clsoed

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