Locking in a Full Profit on Microsoft

Making a net $298 while stock's down close to 3%

Today, it’s expiration Friday and triple witching: the simultaneous expiration of important options and futures contracts. We’ll be putting on two new positions, while locking in the full profit on Microsoft. Since February 25, 2025, the stock’s down by roughly 2.8%, while our trade is about to max out its full profit potential (a net $298 after transaction fees).

Let’s take a closer look at what we’re planning to do next. As of yesterday, the net P&L of the portfolio since the Substack’s inception stands at +2.35% vs. -6.42% for the S&P-500, -10.55% for the Nasdaq, and -11.26% for the Russell-2000.