Good morning,<\/p>\n
Microsoft ( MSFT) is one of the best companies in the world, and will be for a long time! Yesterday MSFT closed right around $262 per share and was announcing earnings after the close. As expected they had a great report. At about 4:10pm the stock was down about $9. I love the stock but it really doesn’t fit into my strategy. It’s a high priced stock and the one week premiums never thrill me. But with the stock down on great earnings, and me having money available in my buying power, before I closed my computer for the night I decided to place an order to buy 100 shares.<\/p>\n
With the stock in the $253.25 area I adjusted my computer to “After Market” trading and placed an order to buy 100 shares of MSFT at $253. I wasn’t immediately filled so I closed down for the night with the order placed.<\/p>\n
This morning I opened my computer and noticed I was filled. In the “Pre-market” the stock is at $255 and I own 100 shares at $253.<\/p>\n
4\/27\/21 – Buy 100 Shares MSFT @ $253.00<\/strong><\/p>\n <\/p>\n The question is what am I going to do with these shares? Can this be a big Grasshopper Trade? I’m not a buy and hold investor and the premiums never thrilled me for selling Calls.<\/p>\n I’m going to take the watch and see approach.<\/p>\n I might place the shares in my gift account for my young relatives.<\/p>\n I might hold and see what the premiums are today and sell a 1 contract Call.<\/p>\n I might use them as an expensive Grasshopper trade ($25,300 for 100 shares) and put them in “The Grasshopper Field.”<\/p>\n I might just hold them until MSFT is up $10 and make a decision.<\/p>\n I don’t know, I’ll see what today brings at the open. I will tell you one thing, I don’t think I’ll be losing money on this stock.<\/p>\n <\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Good morning, Microsoft ( MSFT) is one of the best companies in the world, and will be for a long time! Yesterday MSFT closed right around $262 per share and was announcing earnings after the close. As expected they had a great report. At about 4:10pm the stock was down about $9. I love the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-11254","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2Vw","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/11254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11254"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/11254\/revisions"}],"predecessor-version":[{"id":11255,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/11254\/revisions\/11255"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}