I'd like to out myself as the dumbest and smartest MSFT investor, at the same time I've got a large block of the stock, which I've been holding since the 90's. I think my cost basis was $12. Last week when it was around 380, I sold some August 7th covered calls with a 440 strike, for $4.00 each. Seemed like easy money. I mean ots not like it's going to go up $60 after earnings. That's not the worst part though. The worst part is that I can't let these shares get called away due to a massive capital gain, so I have no choice but to spend $15,000+ to buy the calls back! So, any of you feeling like idiots, stand aside, for I am the king of the idiots this week.
Started at
$464.72
Target
$440.00
Deadline
Aug 7, 2026
Closing price
$499.99
Prediction missed
MSFT closed at $499.99, above the $440.00 bear target.