OptionsRising

MSFT - swing puts - 7/2 expiry 200 strike

Short
OptionsRising Updated   
NASDAQ:MSFT   Microsoft Corp.
RSI and stochastic cannot stay up here forever. There is divergence. You can see higher volume on some red candles on smaller timeframes.

June ends the 2nd quarter and here is an article about the possibility of big funds selling growth stocks to take profits and rebalance their accounts.
https://www.cnbc.com/2020/06/23/theres-a-wave-of-selling-estimated-to-be-in-the-billions-thats-about-to-hit-the-stock-market.html
Trade closed manually:
Bought puts for 2.56 yesterday, and closed some for 3.00 late in the day. Sold the rest for 4.00 this morning. I am closing out some puts today.
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