Next in the FAANMG correction cycle. Microsoft is providing us with a great short opportunity. It has tested 339 over and over and over. The next time it breaks down from 339, I'm loading up puts with a tight SL.
TRADE IDEA:
MSFT puts below 339.
Targets: 327, 310, 297
SL: $342.24
Buy time on your puts. I plan to buy 340P for 01/21.
TRADE IDEA:
Targets: 327, 310, 297
SL: $342.24
Buy time on your puts. I plan to buy 340P for 01/21.
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