Anyone else assume this was supposed to be 1.45 vs 45 cents? "We are adding the MSFT 440 puts to our calls, currently trading around 45 cents. We will close those puts if MSFT happens to fall below 440.5 today."
Apologies for questions, still getting acclimated, is the strategy to throw a put on if it tags 765 or a call if it touches 700? Or a strangle in the middle with those as your targets?