Microchip Stock: Bull Call Spread Trade

Microchip Technologys stock has been lagging behind the S&P 500, with a recent climb of over thirteen percent and a twenty-one percent increase in the last month. However, options trading data shows a net negative sentiment drop of about seventy-thousand-six-hundred dollars last Friday and a massive negative flow of over seven-hundred-thirteen-million dollars throughout the week. Traders expect the stock to swing between fifty-seven dollars forty-two cents and seventy-two dollars forty-six cents by February twentieth, twenty twenty-six. A sixty-seven dollars fifty cents over seventy-five dollars bull call spread expiring February twentieth, twenty twenty-six, is recommended for a max gain over one hundred seventeen percent. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.