Microsoft stock (MSFT) has declined over 3% due to renewed tariff fears, falling approximately 21% since the start of the year. Despite being a leader in machine learning, MSFT stock is down 5% over the past 52 weeks. It recently posted five consecutive weeks of red weekly candlesticks, a rare occurrence. Unusual options activity favored the bulls, with net trade sentiment hitting nearly $56.2 million above parity. The volatility skew indicates a prioritization of downside protection, but also a modest rise for call options, suggesting possible upside expression. The Expected Move calculator projects a range of $364.11 to $404.83 for the March 20 expiration date. March historically tends to be a strong-performing month for Microsoft stock. A potential bullish strategy could involve a 395/400 bull call spread expiring March 20, with a maximum payout of over 156%.

Read more at Barchart: Microsoft Stock Just Flashed an Ultra-Rare Bullish Signal for Options Traders