Microsoft's most recent trend suggests a bullish bias. One trading opportunity on Microsoft is a Bull Put Spread using a strike $250.00 short put and a strike $240.00 long put offers a potential 14.55% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $250.00 by expiration. The full premium credit of $1.27 would be kept by the premium seller. The risk of $8.73 would be incurred if the stock dropped below the $240.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Microsoft is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Microsoft is bullish.
The RSI indicator is at 61.46 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Microsoft
Where to buy Xbox Series X: Restock updates and how to pre-order Microsoft’s latest console
Thu, 17 Jun 2021 07:14:04 +0000
The elusive console is selling out everywhere. Here’s how to get your hands on one
Tech Stocks Roundup: Cramer Believes in FAANG, Microsoft, Snap
Thu, 17 Jun 2021 07:00:00 +0000
Check out the latest news and performance numbers from the top technology and FAANG stocks, plus PayPal, Shopify and more.
Federal Reserve, Microsoft's Nadella, CureVac – 5 Things You Must Know
Thu, 17 Jun 2021 05:13:00 +0000
Stock futures decline after the Federal Reserve indicates it will tighten monetary policy earlier than previously expected; Microsoft names CEO Satya Nadella to the additional role of chairman; CureVac sinks after COVID vaccine disappoints.
SK Telecom Plans $5 Billion Splurge to Become Korea’s SoftBank
Thu, 17 Jun 2021 03:48:57 +0000
(Bloomberg) — SK Telecom Co., South Korea’s largest mobile carrier, wants to shed its staid image and take on a more dynamic role as an investor in tech startups à la SoftBank Group Corp.Armed with a $5 billion budget for acquisitions over the next three years, the company is setting out to find the next Coupang Inc., the Korean e-commerce giant whose massive initial public offering fueled SoftBank’s record profit last quarter. About $2 billion of that will come from the proceeds of planned IPO
Apple Can’t Block Pre-Installed App Removal Under Bill
Thu, 17 Jun 2021 00:19:24 +0000
(Bloomberg) — Apple Inc. would be prohibited under antitrust reform legislation introduced last week from giving its own apps an advantage by preventing users from removing them on Apple devices, said Democratic Representative David Cicilline, who is leading a push to pass new regulations for U.S. technology companies.Cicilline told reporters Wednesday that a proposal prohibiting tech platforms from giving an advantage to their own products over those of competitors would mean Apple must let co
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