Buying MSFT calls in May.

Apr 30, 2020

If price returns to March's high, then I'll begin looking to purchase call options as close to the 175.00 strike as possible. These calls will have an expiration of June 1.

May 1, 2020

Trade active

I purchased call contracts today for the 175.00 strike, set to expire June 5.

I risked 1%, reaching for 2%.

May 1, 2020

Note

May 11, 2020

Trade closed: target reached

I closed my MSFT calls this afternoon.

I purchased 175 call contracts for a 7.00 premium and sold at a 14.00 premium.