$MSFT 217c 1/22 - Entry 214, PT 217, SL 213 #options

Valid: January 19th, 2020

Rationale: Funds will, at some point, buy up a bunch of cheap tech. We're also approaching the bottom of long term support. I want to scalp the next round of funds buying big tech. There is a historical shorter term demand/supply gap between 214 and 217.

Entry Rules

• 5 minute close above entry point, indicates positive momentum.
  
• Purchase a strike near target
  
• Scalps - buy the weekly
  
• Swings - buy one week out
  
• Stop loss only after Entry, indicates sideway action is taking place, exit to avoid theta or downside.