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u/Cali_kink_and_rope

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u/Cali_kink_and_rope

Prediction score

-24.00

1 predictions0 open
$MSFTBearSettledTarget missed

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.

-24 points
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