MSFT Covered Short Trade
October 23rd, 2009, 10:02 am EST. Posted under Margin Portfolio (MP) by ThetaTrader.
Post Tags: , CLOSED, MSFT
10/23/2009 – ThetaOptions Margin Portfolio – MSFT Covered Short Position Opened
MSFT beats the street & the stock rally’s 10%. Just like our the INTC play made, we’re ready to run another covered short position.
Stock: Short 100 shares of MSFT @ 29.10
Sell to Open: (1) NOV 29 Put – $0.75 credit
Note: The shorted shares & PUT position were executed within seconds of each other!