Microsoft Earnings Report: Trading Ideas
2022.04.26 21:10
Microsoft Corporation (NASDAQ:MSFT), over the long haul, has created more millionaires and billionaires than just about any other company in existence. It’s been the bluest of the blue chips.
MSFT Long-Term Chart
Over the past year, however, something big is brewing. Look how much options volatility has increased, particularly since November.
MSFT Weekly Chart And Option Volatility
This is illustrated more vividly in the IV Rank data. Below is the one-year extremes chart, and options have become very rich lately, as the snare drum of uncertainty has been sounding loudly.
MSFT Weekly And One-Year Extremes Chart
Simple soul that I am, this looks like an important potential top to me. It’s all about that horizontal line. The price value of $270. Break it, and all holy hell breaks loose, too.
MSFT Weekly Chart