Microsoft (MSFT) Offering Possible 47.93% Return Over the Next 7 Calendar Days

Microsoft's most recent trend suggests a bullish bias. One trading opportunity on Microsoft is a Bull Put Spread using a strike $205.00 short put and a strike $200.00 long put offers a potential 47.93% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $205.00 by expiration. The full premium credit of $1.62 would be kept by the premium seller. The risk of $3.38 would be incurred if the stock dropped below the $200.00 long put strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Microsoft is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Microsoft is bearish.

The RSI indicator is at 56.72 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

Microsoft’s new $499 Xbox Series X console is coming Nov. 10; Xbox Series S is $299 on same day
Wed, 09 Sep 2020 15:59:00 +0000
Following a series of leaks, the software giant confirmed the next-generation videogame consoles are due Nov. 10.

Slack Tumbles After Quarterly Billings Miss Estimates
Tue, 08 Sep 2020 23:00:07 +0000
(Bloomberg) — Slack Technologies Inc. reported quarterly billings that fell short of analysts’ estimates, reflecting the software maker’s dependence on small- and mid-sized businesses that have been hurt by the coronavirus pandemic. Shares declined more than 19% in extended trading after the report.Billings were $218.2 million in the period ended July 31, the San Francisco-based company said Tuesday in a statement. Analysts, on average, estimated $232.9 million, according to data compiled by Bloomberg.“We’re landing with more customers, but the time it takes for that growth to show up in expansion will take some time to play out,” Slack Chief Financial Officer Allen Shim said on a conference call with reporters. “Given this economic backdrop, you are seeing some tighter budgets and a more cautious IT buyer right now.”Chief Executive Officer Stewart Butterfield has tried to make Slack’s workplace software more appealing to large companies, including by emphasizing technology that allows businesses to communicate with partners, vendors or clients using the app rather than email. The software maker’s service is a combination of an office chat room and a workflow platform to automate tasks. Slack’s customer base of 130,000 organizations features many small- and mid-sized businesses, which generally pay for a subscription on a monthly basis. These clients have been hit hard by the pandemic-fueled recession. Demand from the Americas region, Slack’s largest market, was “softer,” Shim said.Slack’s shares fell to a low of $23.40 after closing Tuesday at $29.32 in New York. The stock has climbed 30% since the start of the year.Slack’s billings deceleration “could be temporary given traction with large corporate deployments,” Mandeep Singh, a Bloomberg Intelligence analyst, wrote in a note. “Its paid customers with over $100,000 in annual recurring revenue increased 37%, suggesting to us there could have been some pull-forward in billings and order closings” from the previous quarter, he said.In the fiscal second quarter, Slack reported revenue jumped 49% to $215.9 million, beating analysts’ projections of $209.2 million. Excluding some items, the company broke even, while analysts, on average, estimated a loss of 3 cents.Shim said there continues to be a retreat from clients in industries negatively affected by Covid-19, including retailers and hospitality companies.Slack has also faced intensifying competition from Microsoft Corp.’s product Teams. The smaller company formally filed a complaint against Microsoft to the European Union in July, alleging that the world’s biggest software maker “illegally” bundles Teams with its dominant productivity suite to create an unfair advantage. Microsoft has denied any wrongdoing.Butterfield said Tuesday he’s “confident” the EU will agree with Slack and hopes European regulators will force Microsoft to unbundle Teams from other applications and charge a market rate for the product.“It’s almost textbook definition of what they’re trying to prevent with these regulations and they’re a pretty aggressive regulator,” Butterfield said in a press briefing. “They’re the judge, they’re the jury and they can kind of carry out the impact right away.”Looking toward the rest of the year, Slack expects some of the macroeconomic challenges of the pandemic will be balanced by growing demand from large organizations that want to communicate with other Slack users on the platform. The software maker raised its annual revenue forecast to as much as $876 million from an earlier projection of as much as $870 million. In the period that ends in October, Slack expects sales of $222 million to $225 million, in line with analysts’ estimates. Still, the company’s estimated year-over-year growth rate of as much as 33% is a decline from Slack’s second fiscal quarter.(Updates with comments from analyst in the sixth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Daily Crunch: Apple files countersuit against Epic
Tue, 08 Sep 2020 22:12:26 +0000
Apple strikes back at Epic Games, Android 11 is here and Microsoft announces a new stripped-down Xbox. Apple has made the latest move in a legal battle against Epic Games, filing a lawsuit claiming that the company behind Fortnite is in breach of contract. “Although Epic portrays itself as a modern corporate Robin Hood, in reality it is a multi-billion dollar enterprise that simply wants to pay nothing for the tremendous value it derives from the App Store,” Apple wrote in its suit.

Slack Earnings Guidance In Line, Stock Plunges As Billings Miss Estimates
Tue, 08 Sep 2020 21:03:42 +0000
Slack reported second-quarter earnings and revenue that topped estimates but billings came in lower than expected. Slack stock plunged in extended trading as guidance met analyst views.

Dow closes down 632 points, as tech rout leaves Nasdaq in correction territory
Tue, 08 Sep 2020 20:54:00 +0000
U.S. stock indexes finished lower for a third day on Tuesday, slumping to a four week low, led by technology stocks which had driven the five month rally, as the Nasdaq Composite booked its quickest plunge ever from a record close to correction territory.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.