Microsoft stock (MSFT) is holding above the 50-day moving average despite recent selling. Analysts are bullish with 41 Strong Buy ratings. A bull put spread trade for MSFT involves selling an out-of-the-money put and buying a put further out-of-the-money. The maximum profit is capped at the premium received, and the maximum loss is limited. Implied volatility is at 21.43%. The breakeven point for the spread is $428.60. Risk management includes setting a stop loss or adjusting the trade if the stock breaks a key level. Options trading carries risk, so do thorough research and consult a financial advisor.

Read more at Barchart: Bull Put Spread Provides Opportunities for Long-Term Microsoft Bulls